
3 Bedroom Apartments for Rent in Indianapolis, IN Under $2,000 (307 Rentals) Page 4 of 7


2314 N Goodlet Ave

740 N Drexel Ave

1218 St Peter St

5650 Loudon Dr

1954 Angel Tear Ct

1602 Quill St

6117 Bettcher Ave

1527 Prospect St

512 S State Ave

1353 N Olney St

325 S Grand Ave

2920 Ruckle St

44 S Ewing St

1020-1022 S Randolph St

1354 Oliver Ave

3415 N Capitol Ave

835 Weghorst St

10325 Liverpool Way

933-935 N Dearborn St

861 N Drexel Ave

2018 Rembrandt St

2209 N Arsenal Ave

717-717 Southfield Ct

1118 King Ave

354 S Biltmore Ave

2403 N Oxford St

Mayfield Green Cooperative

928-934 Martin Luther King Jr St

Maplewood

Addison Creek

Deerfield Acres

Maison Gardens Apartments

Brownstone Apartments

Red Maple Grove

Pinewood Village Apartments

Rosedale Hills

Cavalier Court

Cloverleaf Apartments & Townhomes

Oxmoor Indy

Historic Audubon Court

Whispering Pines

Charleston East Apartments

Valley Brook MHC

East Ridge

Postbrook East Apartments

7 Pointe Apartments

Heather Ridge

Remington on Rockville

Emerson Place
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 | $1,221 | $575 | $5,300 |
| Indianapolis 1 Bedroom Apartments | $1,373 | $497 | $4,234 |
| Indianapolis 2 Bedroom Apartments | $1,657 | $515 | $8,085 |
| Indianapolis 3 Bedroom Apartments | $2,004 | $626 | $9,351 |
| Indianapolis 4 Bedroom Apartments | $2,181 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $8,898 | $1,300 | $10,000+ |
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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 $2,004.
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 $1,675 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 1,469 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.

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.
Articles, How-To's, and Tips

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.