
3 Bedroom Apartments for Rent in Indianapolis, IN Under $3,900 (378 Rentals) Page 4 of 8


2950 Winthrop Ave, Unit B

2950 Winthrop Ave, Unit A

20 Schiller St

2318 N New Jersey St, Unit SI ID1364144P

22 Hendricks Pl, Unit 22

518 Prospect St, Unit SI ID1357365P

518 Prospect St, Unit SI ID1353834P

2549 Columbia Ave, Unit SI ID1332865P

3353 N College Ave, Unit 1

901 Dequincy St

10325 Liverpool Way

830 Weghorst St

3329-3331 Boulevard Pl

933-935 N Dearborn St

861 N Drexel Ave

1756-1756 S Delaware St

2235 Doctor M.L.K. Jr St

2018 Rembrandt St

1018 N Tuxedo St

2209 N Arsenal Ave

2519 N College Ave

4652 N Kenwood Ave

2804 Adams St

1322 W 26th St

3120 Priscilla Ave

2403 N Oxford St

57-59 N Sherman Dr

645 Eastern Ave

1819-1819 Union St

4233 E 38th St

717-717 Southfield Ct

7361 Westchester Dr

12307 Cobblestone Ct

7442 Rockleigh Ave

1646 Ingram St

400 N Grant Ave

Mayfield Green Cooperative

928-934 Martin Luther King Jr St

Maplewood

Addison Creek

Deerfield Acres

Brownstone Apartments

Red Maple Grove

Pinewood Village Apartments

Rosedale Hills

Cloverleaf Apartments & Townhomes

Cavalier Court

Oxmoor Indy

Maison Gardens 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 | $1,187 | $200 | $5,277 |
| Indianapolis 1 Bedroom Apartments | $1,387 | $544 | $5,852 |
| Indianapolis 2 Bedroom Apartments | $1,643 | $545 | $6,804 |
| Indianapolis 3 Bedroom Apartments | $2,028 | $626 | $8,619 |
| Indianapolis 4 Bedroom Apartments | $1,737 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $8,926 | $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 $2,028.
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 $1,699 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 1,520 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.