
3 Bedroom Apartments for Rent in Indianapolis, IN Under $2,000 (292 Rentals) Page 2 of 6


The Pines at SoBro

Estates at Crystal Bay

The Woods of Eagle Creek

Ashton Pointe

Somerset Lakes

946 MLK

The Timbers Apartments

The Maywood at Speedway

Waterfront Pointe
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Ralston Apartments

Latitudes Apartments

Warren Harbor Apartments

Waterfront Terrace

El Dorado Apartments

Maple Creek Village

Knoll Ridge Townhomes & Apartments

Timber Point Apartments

The Reserve at Franklin Glenn I LP

Parkside at Castleton Square Apartments and Townhomes

The Preserve on Allisonville Townhomes

Country Lake Estates

Wyckford Commons

Castleton Manor Apartments

Country Lake Townhomes

Lake Marina Apartments

Buckingham & Balmoral

Overlook at Valley Ridge Apartments

The Oasis

Murphy's Landing

Williamsburg North

Oakbrook Village

Northampton Village Apartments

SOUTHPORT AT BUCK CREEK

The Stratford

Cumberland Manor

The Life at White Pines

Strawbridge Green

34 North Apartments

Woodbridge Castleton

Carriage House West

Ashton Brook

Grande Reserve at Geist

Pickwick Farms Apartments

Summerwood on Towne Line Apartments
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,195 | $595 | $5,350 |
| Indianapolis 1 Bedroom Apartments | $1,379 | $597 | $4,512 |
| Indianapolis 2 Bedroom Apartments | $1,648 | $563 | $6,064 |
| Indianapolis 3 Bedroom Apartments | $2,045 | $900 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,641 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $14,704 | $1,000 | $10,000+ |
Explore Indianapolis
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about 3 Bedroom Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with 3 Bedroom?
Currently the most affordable 3 Bedroom in Indianapolis is at El Dorado Apartments listed at $1,008.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,045.
What is the largest available 3 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,600 square feet unit starting from $1,899 at Mansion Row - Where Historic Charm Meets Modern Convenience!.
What is the average size for Indianapolis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Indianapolis is currently 1,615 sq ft.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




