
3 Bedroom Apartments for Rent in Indianapolis, IN Under $4,200 (379 Rentals) Page 7 of 8


Double Creek Flats Apartments

Lantern Woods Apartments

Reveal on Cumberland Apartments

The Depot At Nickel Plate

Sunlake Apartments

Lavina

Greystone of Noblesville

Willow Glen South

Westhaven at Avon

Providence at Old Meridian

Regency Preserve

Westhaven Luxury Apartments

Ashmore Trace

Casey Corner Townhomes

Whitman Villas

The Railyard at Midtown

Wynne Farms Townhomes

Brownsburg Crossing

Sanctuary at Fishers

The Rail at 1380

Residences on Ronald Reagan

Nese Apartments

OLD TOWN ON THE MONON

Gladden Farms

The Hangar on Emerson

Bella Vista Apartments

The Flats at Fishers Marketplace

Washington Village Apartments

Sunblest Apartments

MAIN STREET

Devonshire Apartments

Prairie Lakes

Polo Run Apartments

Steeplechase at Shiloh Crossing

Crown Plaza

Stafford Pointe

2155 Shadowbrook Dr

7940 Queensmead Pl
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 | $1,159 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,368 | $495 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,646 | $316 | $5,706 |
| Indianapolis 3 Bedroom Apartments | $1,988 | $899 | $7,211 |
| Indianapolis 4 Bedroom Apartments | $1,746 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,715 | $1,000 | $10,000+ |
Explore Indianapolis
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,034.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $1,988.
What is the largest available 3 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,690 square feet unit starting from $3,599 at Solana Apartments.
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
Helpful Apartment Articles, How-To's and Tips
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.

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.

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!










