
3 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (96 Rentals)


The Grounds

Pinnex

220 Meridian

CityWay

Total Monthly Price
9 On Canal

Artistry Indy

Nine+Eighteen

360 Market Square
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Total Monthly Price
Ralston Apartments

Riley Towers

Residences at Lawnview

Maple Creek Village

Circa Apartments

Union at 16th

Plaza at Central Greens

16 Park Apartments

Temple Lofts

632MLK
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1532 N College Ave

1406 Marlowe Ave, Unit 1

2106 N Talbott St

1843 N Dexter St

523 N Alton Ave

941 King Ave

1541 E Ohio St

549 W 13th St

747 N Elder Ave

941 King Ave
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115-115 N Arsenal Ave

119 N Arsenal Ave

1527 Prospect St

512 S State Ave

1354 Oliver Ave

2018 Rembrandt St

518 Prospect St

1206 N Concord St

607 N Tibbs Ave

1661 N Talbott St
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545 N Goodlet Ave

12 N Randolph St

925 N Somerset Ave

1722 Ingram St

1541 E Ohio St

1806 Lexington Ave

1841 N Talbott St

1534 E Ohio St

1021 S State Ave

1449 Montcalm St
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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 | $1,340 | $556 | $5,509 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,619 | $544 | $4,307 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,093 | $650 | $6,430 |
Downtown Indianapolis 3 Bedroom Apartments | $2,235 | $799 | $7,091 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,643 | $600 | $7,022 |
Browse Apartments in this Neighborhood
There are currently 96 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 The Grounds and is listed at 2,065 square feet priced from $3,499. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Grounds | The Taflinger | 2,065 Sq Ft | $3,499 |
| CityWay | Vermillion | 1,877 Sq Ft | $3,160 |
| 946 MLK | B3 | 1,594 Sq Ft | $2,020 |
| Temple Lofts | 1,458 Sq Ft | $2,285 | |
| Residences at Lawnview | Three Bedroom 1.5 Bath Townhome w/Basement | 1,440 Sq Ft | $1,209 |
| Artistry Indy | Pablo | 1,361 Sq Ft | $2,101 |
| The Block | 3 Bedroom 2 Bath | 1,277 Sq Ft | $2,399 |
| The Row | The Penn -3A | 1,176 Sq Ft | $2,400 |
| Proctor Place | 3 Bedroom | 1,167 Sq Ft | $1,131 |
| Plaza at Central Greens | Three Bedroom B350 | 1,156 Sq Ft | $1,600 |
Cheapest Available Downtown Indianapolis 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Downtown Indianapolis of Indianapolis, IN is the 3 Bedroom Model starting from $1,131 at Proctor Place. The average price for all 3 Bedroom apartments in Downtown Indianapolis is currently $2,235. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Proctor Place | 3 Bedroom | $1,131 |
| Residences at Lawnview | Three Bedroom One Bath Garden | $1,199 |
| Maple Creek Village | 3 Bedroom, 1 Bath | $1,200 |
| Plaza at Central Greens | Three Bedroom B350 | $1,600 |
| 946 MLK | B3 | $2,020 |
| Artistry Indy | Pablo | $2,101 |
| The Block | 3 Bedroom 2 Bath | $2,399 |
| The Row | The Penn -3A | $2,400 |
| CityWay | Vermillion | $3,160 |
| The Grounds | The Taflinger | $3,499 |
Your 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 Proctor Place listed at $1,131.
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 $2,235.
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 2,065 square feet unit starting from $3,499 at The Grounds.
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 1,858 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

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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.

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