3 Bedroom Apartments for Rent in Indianapolis, IN Under $5,000 (345 Rentals) Page 4 of 7

977 Woodruff Pl E Dr

2171 Sugar Grove Ave

530 Massachusetts Ave

632 Doctor M.L.K. Jr St

1423-1423 S Meridian St

3710 Chateau Ct

224 W 28th St

5653 Valhalla Way

1061 W 33rd St

4615 Caroline Ave

1549 Tannery Way

3729 Laurel Cherry Ln

7533 Placing Rd

2413 N Park Ave

565 E 96th St

838-838 N Oxford St

1119-1119 N Dearborn St

2931 N Capitol Ave

2022 Rembrandt St

401-401.5-4015 N Colorado Ave

2956-2956 Central Ave

5234 N College Ave

1825 Montcalm St

2949 Wallace Ave

Canterbury House Apartments - Franklin Road
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 | $1,261 | $595 | $9,740 |
Indianapolis 1 Bedroom Apartments | $1,399 | $597 | $4,072 |
Indianapolis 2 Bedroom Apartments | $1,665 | $695 | $5,803 |
Indianapolis 3 Bedroom Apartments | $2,030 | $1,015 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,553 | $550 | $4,793 |
Indianapolis 5 Bedroom Apartments | $4,423 | $1,050 | $8,650 |
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.
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 Oxmoor Indy listed at $999.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,030.
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 1,833 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.