
3 Bedroom Apartments for Rent in Indianapolis, IN Under $2,000 (302 Rentals) Page 2 of 7


Estates at Crystal Bay

The Woods of Eagle Creek

Ashton Pointe

Somerset Lakes

The Timbers Apartments

The Life at Wood Springs

Waterfront Pointe

Summerwood on Towne Line Apartments

Paragon Park
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

The Life at Creekside Reserve

Harrison Place Apartments

Chateau De Ville

Warren Harbor Apartments

Waterfront Terrace

Capital Place

SOUTHPORT AT BUCK CREEK

Hanna Village

Parkside at Castleton Square Apartments and Townhomes

Jamestowne Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Country Lake Estates

Castleton Manor Apartments

Scandia Apartments

Country Lake Townhomes

Lake Marina Apartments

Total Monthly Price
ReNew at the Crossing

Buckingham & Balmoral

The Life at Belhaven Place

Overlook at Valley Ridge Apartments

Murphy's Landing
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Williamsburg North

Northampton Village Apartments

The Maywood at Speedway

Residences at Lawnview

Knoll Ridge Townhomes

Timber Point Apartments

Maple Creek Village

Cumberland Manor

Mansion Row Apartments

Strawbridge Green
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Summit at Keystone

The Commons on 25th

Woodbridge Castleton

Carriage House East

Carriage House West

Grande Reserve at Geist

Aspen Chase

Woodhaven Park

South Haven Village Apartments

Latitudes Apartments
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com
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 | $1,229 | $556 | $6,226 |
| Indianapolis 1 Bedroom Apartments | $1,383 | $544 | $4,002 |
| Indianapolis 2 Bedroom Apartments | $1,672 | $650 | $9,241 |
| Indianapolis 3 Bedroom Apartments | $2,018 | $799 | $9,764 |
| Indianapolis 4 Bedroom Apartments | $1,966 | $600 | $9,340 |
| Indianapolis 5 Bedroom Apartments | $5,563 | $950 | $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 Maison Gardens Apartments listed at $870.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,018.
What is the largest available 3 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,645 square feet unit starting from $1,879 at The Residences on 56th.
What is the average size for Indianapolis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Indianapolis is currently 1,574 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

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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.

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.

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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.