
3 Bedroom Apartments for Rent in Indianapolis, IN Under $4,900 (348 Rentals)


ARLO Apartments

Kingston Square Apartments

Eagle Lake Landing

Everly at Meridian Hills

The Residence at White River Apartments

Bishop Pond Residences Apartments

The Block

Berkley Commons

The Hermitage

The Meridian North and South

Brookwood Apartments

The Assembly

Southern Dunes

10 West Apartments

Lakes of Windsor

Artistry Indy

220 Meridian

The Life at Creekside Reserve

A62 Apartments

The Eclipse

Edison at Meridian Hills

Ninth Avenue Apartments

Westpark Townhomes

CityWay

The Preserve on Allisonville Townhomes

Grove on Harcourt

Reflections Apartments

Solana Apartments

Circa Apartments

Arborwood Apartments

The Manning Apartment Homes

Aspen Lakes

Estates of Creekside Apartments

Fountain Parc

Castle Creek Apartments

TGM Avalon Lake

The Park at Greenhill

Chateau in the Woods

Broad Ripple Trails

The Sycamores

Bayview Club Apartments

Scandia Apartments

Park at Eagle Creek

The Boardwalk at Westlake Apartments and Townhomes
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 | $1,257 | $595 | $5,271 |
Indianapolis 1 Bedroom Apartments | $1,406 | $597 | $4,292 |
Indianapolis 2 Bedroom Apartments | $1,682 | $695 | $5,710 |
Indianapolis 3 Bedroom Apartments | $2,056 | $1,095 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,558 | $550 | $4,839 |
Explore Indianapolis

Indianapolis, IN Local Guide
- Indianapolis Neighborhoods
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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.
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 The Pines at SoBro listed at $1,112.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,056.
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 $3,638 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 1,853 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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.