
3 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (109 Rentals)


The Assembly

Pinnex

220 Meridian

CityWay

Circa Apartments

The Grounds

Artistry Indy

Total Monthly Price
9 On Canal

Nine+Eighteen
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360 Market Square

946 MLK

Ralston Apartments

El Dorado

Riley Towers

Maple Creek Village

Union at 16th

Plaza at Central Greens

16 Park Apartments

Total Monthly Price
1137 W 21st St
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1532 N College Ave

1061 W 18th St

673 E 16th St

421 E Market St, Unit SI ID1384021P

373 E Morris St, Unit SI ID1303761P

530 Massachusetts Ave, Unit SI ID1073994P

50 N Illinois St, Unit SI ID1014540P

518 Prospect St, Unit SI ID1357365P

518 Prospect St, Unit SI ID1353834P

530 Massachusetts Ave, Unit SI ID1074003P
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50 N Illinois St, Unit SI ID1014544P

890 Massachusetts Ave, Unit SI ID1014223P

888 Massachusetts Ave, Unit SI ID1014221P

918 S State Ave

918 S State Ave

1541 E Ohio St

955 N Traub Ave

2235 Doctor M.L.K. Jr St

2246 Ralston Ave

2942 W New York St
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Wide Open Spaces - 3 Bedroom 2.5 Bath Townhome on the South side of Indy. Home built in 2020.

Huge 3 Bedroom in Herron-Morton**OFFERING 300 OFF 1ST MONTH'S RENT

1415 W Pruitt St

1717 Ingram St

2235 Doctor M.L.K. Jr St

2018 Rembrandt St

2209 N Arsenal Ave

1646 Ingram St

1415 W Pruitt St

1621 N Livingston Ave
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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 | $1,240 | $200 | $3,513 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,551 | $544 | $4,071 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,034 | $650 | $5,158 |
Downtown Indianapolis 3 Bedroom Apartments | $2,498 | $799 | $7,290 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,215 | $600 | $5,816 |
Browse Apartments in this Neighborhood
There are currently 109 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 | $3,497 |
| Ralston Apartments | Peony | 1,718 Sq Ft | $1,950 |
| 220 Meridian | C1 | 1,561 Sq Ft | $4,679 |
| El Dorado Apartments | 3 Bed 1.5 Bath Townhome | 1,440 Sq Ft | $1,099 |
| Artistry Indy | Pablo | 1,342 Sq Ft | $2,222 |
| The Block | 3 Bedroom 2 Bath | 1,277 Sq Ft | $2,499 |
| 9 On Canal | 3BR/3BA - Grand Lux | 1,244 Sq Ft | $2,715 |
| Proctor Place | 3 Bedroom | 1,167 Sq Ft | $1,400 |
| Plaza at Central Greens | Three Bedroom B350 | 1,156 Sq Ft | $1,312 |
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 $1,099 at El Dorado Apartments. The average price for all 3 Bedroom apartments in Downtown Indianapolis is currently $2,498. 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 | $1,099 |
| Maple Creek Village | 3 Bedroom, 1 Bath | $1,200 |
| Plaza at Central Greens | Three Bedroom B350 | $1,312 |
| Proctor Place | 3 Bedroom | $1,400 |
| Ralston Apartments | Peony | $1,950 |
| Artistry Indy | Pablo | $2,222 |
| The Block | 3 Bedroom 2 Bath | $2,499 |
| 9 On Canal | 3BR/3BA - Grand Lux | $2,715 |
| CityWay | Vermillion | $3,497 |
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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 $1,099.
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 $2,498.
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 1,729 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.

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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.

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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.

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Articles, How-To's, and Tips

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Renting your next home can feel thrilling and overwhelming at the same time.