
3 Bedroom Apartments for Rent in Indianapolis, IN Under $5,200 (386 Rentals) Page 6 of 8


Private Reserve Townhomes

Reflections Apartments

Dakota Ridge

Shore Acres

PICCADILLY

740 E North St

The Whit Apartments

Woods of West Carmel

Beech Meadow Apartments

Riley Crossing at Gateway Park

Domain at Bennett Farms

Trulo Homes Bridle Creek

Hobbs Station

Signature at Carmel

Greystone of Noblesville

Arlington Farms

Apex at Perry Crossing

Maverick Modern Apartments

The Grove

The Steadman Apartments of Carmel

The Hamilton at Fishers

Sylo

The E - Elevated Living in Whitestown

Flats at Stones Crossing

LaCabreah Apartments

The Wren & The Windsor in Carmel City Center

Village Crossing

Sunrise on the Monon

Auburn Place

Sand Creek Woods

Westminster Apartments and Townhomes

Wentworth at WestClay Condominiums

The Retreat at Carmel

Carmel Woods

Washington Village Apartments

Total Monthly Price
Copper Chase at Stones Crossing

The Ascent Apartments of Plainfield

BroadAcre Apartments of McCordsville

Runaway Bay Apartments

Portrait Midtown

The Mark at Fishers District

Total Monthly Price
Meridian Homes at Sycamore Drive

Elevate 311 Apartments

Park Lane Apartments

Wellington Place

The Kent at Carmel City Center

Greenview

Aria Apartments of Zionsville
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 | $1,198 | $575 | $5,104 |
| Indianapolis 1 Bedroom Apartments | $1,385 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,652 | $545 | $6,480 |
| Indianapolis 3 Bedroom Apartments | $2,038 | $626 | $8,346 |
| Indianapolis 4 Bedroom Apartments | $1,962 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $11,653 | $6,621 | $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 $2,038.
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 1,560 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
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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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.
