
3 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (57 Rentals)


The Assembly

Artistry Indy

220 Meridian

Total Monthly Price
CityWay

Circa Apartments

The Grounds

9 On Canal

360 Market Square

Total Monthly Price
Ralston Apartments
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Riley Towers

El Dorado Apartments

Maple Creek Village

Plaza at Central Greens

Union at 16th

Total Monthly Price
740 E North St

Total Monthly Price
632MLK

373 E Morris St

50 N Illinois St

421 E Market St
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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518 Prospect St

530 Massachusetts Ave

518 Prospect St

530 Massachusetts Ave

50 N Illinois St

888 Massachusetts Ave

1020-1022 S Randolph St

2018 Rembrandt St

1646 Ingram St

890 Massachusetts Ave
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928-934 Martin Luther King Jr St

500 Park Residences

Colere

2521 W Washington St

Nouveau in Old Northside

2161 N Meridian St

1802 Southeastern Ave

Eleven Park Development

740 Fletcher Ave

1234 N Capitol Ave
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Bottleworks

Villaggio at Page Pointe

Alvord Street Towns

16 Park Apartments

Stonegate Apartments

550 Fletcher Ave

Proctor Place

The Steeples on Washington

Ohio Street TownHomes

PICCADILLY
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Downtown Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Downtown Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Indianapolis Studio Apartments | $1,243 | $595 | $4,503 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,526 | $497 | $4,715 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,088 | $563 | $6,194 |
Downtown Indianapolis 3 Bedroom Apartments | $2,774 | $999 | $7,390 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,208 | $600 | $5,655 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
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Downtown Indianapolis, Indianapolis, IN Local Guide
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Largest Available Downtown Indianapolis 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Downtown Indianapolis area of Indianapolis, IN is found at 740 E North St and is listed at 2,172 square feet priced from $3,700. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 740 E North St | 3 Bed 2.5 Bath | 2,172 Sq Ft | $3,700 |
| The Grounds | The Taflinger | 2,065 Sq Ft | $3,249 |
| CityWay | Vermillion | 1,877 Sq Ft | $3,247 |
| Circa Apartments | Hammond | 1,457 Sq Ft | $2,224 |
| El Dorado Apartments | 3 Bed 1.5 Bath Townhome | 1,440 Sq Ft | $999 |
| 632MLK | The Montgomery | 1,393 Sq Ft | $2,550 |
| Ralston Apartments | Peony | 1,371 Sq Ft | $2,035 |
| Artistry Indy | Pablo | 1,342 Sq Ft | $2,075 |
| The Block | 3 Bedroom 2 Bath | 1,277 Sq Ft | $2,879 |
Cheapest Available Downtown Indianapolis 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Downtown Indianapolis of Indianapolis, IN is the 3 Bed 1.5 Bath Model starting from $999 at El Dorado Apartments. The average price for all 3 Bedroom apartments in Downtown Indianapolis is currently $2,774. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| El Dorado Apartments | 3 Bed 1.5 Bath | $999 |
| Maple Creek Village | 3 Bedroom, 1 Bath | $1,200 |
| Proctor Place | 3 Bedroom | $1,400 |
| Ralston Apartments | Peony | $2,035 |
| Artistry Indy | Pablo | $2,075 |
| Circa Apartments | Hammond | $2,224 |
| CityWay | Indigo | $2,305 |
| 632MLK | The Montgomery | $2,550 |
| Riley Towers | 3 Bedroom/2 Bath - 1190 | $2,658 |
| 9 On Canal | 3BR/3BA - Grand Lux | $2,700 |
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Downtown Indianapolis, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about 3 Bedroom Downtown Indianapolis Apartments
What is the Cheapest apartment in Downtown Indianapolis with 3 Bedroom?
Currently the most affordable 3 Bedroom in Downtown Indianapolis is at El Dorado Apartments listed at $999.
How much is the average rent for a 3 Bedroom Downtown Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Downtown Indianapolis is $2,774.
What is the largest available 3 Bedroom Downtown Indianapolis Apartment for rent?
Today's apartment with the most square footage in Downtown Indianapolis is a 2,172 square feet unit starting from $3,700 at 740 E North St.
What is the average size for Downtown Indianapolis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Downtown Indianapolis is currently 1,450 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.
Articles, How-To's, and Tips

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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.

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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.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.