
3 Bedroom Apartments for Rent in Indianapolis, IN Under $2,300 (339 Rentals) Page 4 of 7


518 Prospect St

518 Prospect St

1523 S East St

2549 Columbia Ave

341 Parkway Ave

2834 N Washington Blvd

83 S Lynhurst Dr

1027 Dawson St

22 N Euclid Ave

2917 Boulevard Pl

5660 E 23rd St

2041 Southeastern Ave

1336 N Kealing Ave

7361 Westchester Dr

10543 Mohave Ct

6421 Longhorn Ct

83 N Ewing St

508-508 Emerson Ave

101 N State Ave

802 Waldemere Ave

3331 N Butler Ave

6117 Bettcher Ave

5150 Pappas Dr

358 W 26th St

2018 Rembrandt St

940 N Ewing St

3848 N Capitol Ave

3139 Guilford Ave

554 N Parker Ave

3942 Cornelius Ave

4225 N College Ave

3019 Boulevard Pl

3926 Malibu Dr

2945 N Denny St

1646 Ingram St

2407 E 16th St

2922-2924 Ruckle St

338 N Temple Ave

1061 W 33rd St

1248 Herbert St

5234 N College Ave

449 S Butler Ave

Mayfield Green Cooperative

928-934 Martin Luther King Jr St

Maplewood

Addison Creek

16 Park Apartments

Deerfield Acres

New Bridge 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 | $1,170 | $595 | $5,240 |
| Indianapolis 1 Bedroom Apartments | $1,374 | $497 | $6,336 |
| Indianapolis 2 Bedroom Apartments | $1,647 | $563 | $5,839 |
| Indianapolis 3 Bedroom Apartments | $2,011 | $825 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,589 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $11,752 | $1,000 | $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 El Dorado Apartments listed at $963.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,011.
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 1,588 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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.