
3 Bedroom Apartments for Rent in Indianapolis, IN Under $5,000 (705 Rentals) Page 5 of 15


626 E 25th St

8222 E 37th Pl

2611 Belmar Ave

3223 Southwest Dr

Spacious 3 BR Ranch

8838 E 15th St

4331 Bertrand Rd

4033 Arborcrest Dr

8748 Woodpointe Cir

5431 Dollar Forge Ct

1218 S Biltmore Ave

Large 3 Bedroom in Herron Morton 2200/Sq. Ft.

6002 Gateway Dr

6230 Long River Ln

2736 Redland Ln

5805 Dollar Forge Dr

3131 Acoma Dr

145 Oleta Dr

4475 N Irwin Ave

3731 E Stop 11 Rd

5373 Padre Ln

2363 Rostock Ct

1601 W Northgate St

5344 Traditions Dr

5844 Sylvan Dr

1834 Rockford Rd

4301 N Kitley Ave

6516 Alder Ct

10327 Kensil St

2242 Valley Creek Way

10870 Vanguard Ln

6733 Everbloom Ln

4110 Luxembourg Cir W

4439 W 34th St

7207 Parklake Pl

202 Fenster Dr

5837 Walsham Way

1629 Composer Way

4921 May Ridge Ln

11134 Steelwater Ct

7104 Grandview Dr

651 N Oxford St

1038 Rentham Ln

817 Washington Cove Way

5565 Freedom Ct

5724 Blackstone Ave

5869 High Grass Ln

11314 Congaree Way

8332 Sansa St
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 | $1,270 | $585 | $6,129 |
Indianapolis 1 Bedroom Apartments | $1,429 | $325 | $4,802 |
Indianapolis 2 Bedroom Apartments | $1,707 | $700 | $8,011 |
Indianapolis 3 Bedroom Apartments | $2,047 | $798 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $2,118 | $550 | $4,850 |
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 Grove on Harcourt listed at $798.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,047.
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 $3,611 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 1,568 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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.