3 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (49 Rentals)

9 on Canal

Artistry Indy

CityWay

Circa Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Pinnex

The Assembly

The Grounds

360 Market Square

Ralston Apartments

El Dorado

Maple Creek Village

Plaza at Central Greens

946 MLK

Temple Lofts
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Proctor Place

2035 N Pennsylvania St

27 N Highland Ave

25 N Highland Ave

2171 Sugar Grove Ave

530 Massachusetts Ave

890 Massachusetts Ave

890 Massachusetts Ave

530 Massachusetts Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

50 N Illinois St

632 Doctor M.L.K. Jr St

1248 Herbert St

103 N State Ave

1825 Montcalm St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

928-934 Martin Luther King Jr St
Downtown Indianapolis - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
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 | $1,345 | $585 | $2,841 |
Downtown Indianapolis 1 Bedroom Apartments | $1,616 | $425 | $4,802 |
Downtown Indianapolis 2 Bedroom Apartments | $2,170 | $800 | $8,011 |
Downtown Indianapolis 3 Bedroom Apartments | $3,047 | $1,100 | $9,136 |
Downtown Indianapolis 4 Bedroom Apartments | $1,131 | $550 | $4,882 |
Browse Apartments in this Neighborhood
There are currently 49 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 CityWay and is listed at 2,245 square feet priced from $6,700. Here is today’s list of the largest available 2 Bedroom units in the area:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
CityWay | The Mantra Flat | 2,245 Sq Ft | $6,700 |
The Grounds | The Taflinger | 2,065 Sq Ft | $4,040 |
220 Meridian | C1 | 1,561 Sq Ft | $3,751 |
El Dorado | 3 Bedroom 1.5 Bath | 1,440 Sq Ft | $1,285 |
9 on Canal | Grand Lux | 1,244 Sq Ft | $3,365 |
Union at 16th | 3 Bed 2 Bath | 1,106 Sq Ft | $1,485 |
Cheapest Available Downtown Indianapolis 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Downtown Indianapolis of Indianapolis, IN is the 3 Bedroom 1.5 Bath Model starting from $1,285 at El Dorado. The average price for all 3 Bedroom apartments in Downtown Indianapolis is currently $3,047. Here is today’s list of the cheapest available 3 Bedroom options in the area:
Apartment Listing | Model Name | Priced From |
---|---|---|
El Dorado | 3 Bedroom 1.5 Bath | $1,285 |
Union at 16th | 3 Bed 2 Bath | $1,485 |
9 on Canal | Grand Lux | $3,365 |
220 Meridian | C1 | $3,751 |
The Grounds | The Taflinger | $4,040 |
CityWay | The Mantra Flat | $6,700 |
Quick 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.
Pet Friendly LifestyleDowntown Indianapolis, Indianapolis, IN
Ranked #1
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 listed at $1,285.
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 $3,047.
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 2,245 square feet unit starting from $6,700 at CityWay.
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 1,583 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.