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

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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.

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.

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.

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16 Park Apartments
3 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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Stonegate Apartments
3 Bedroom Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
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Ohio Street TownHomes
3 Bedroom Apartments

Ohio Street TownHomes

1052 E Ohio StIndianapolis, IN 46202
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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.

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747 Apartments
3 Bedroom Apartments

747 Apartments

747 N College AveIndianapolis, IN 46202
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Fountain Flats
3 Bedroom Apartments

Fountain Flats

1020-1022 Hosbrook StIndianapolis, IN 46203
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Bottleworks
3 Bedroom Apartments

Bottleworks

858 Massachussetts AveIndianapolis, IN 46202
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740 Fletcher Ave
3 Bedroom Apartments

740 Fletcher Ave

740 Fletcher AveIndianapolis, IN 46203
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Colere
3 Bedroom Apartments

Colere

1341 Deloss StIndianapolis, IN 46203

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!

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Canal Gardens
3 Bedroom Apartments

Canal Gardens

1229-1243 Dr Martin Luther King Jr StIndianapolis, IN 46202
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Barton Center
3 Bedroom Apartments

Barton Center

505 N Delaware StIndianapolis, IN 46204

Downtown Indianapolis, Indianapolis, IN Local Guide

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 ListingModel NameSquare FootagePriced From
CityWayThe Mantra Flat2,245 Sq Ft$6,700
The GroundsThe Taflinger2,065 Sq Ft$4,040
220 MeridianC11,561 Sq Ft$3,751
El Dorado3 Bedroom 1.5 Bath1,440 Sq Ft$1,285
9 on CanalGrand Lux1,244 Sq Ft$3,365
Union at 16th3 Bed 2 Bath1,106 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 ListingModel NamePriced From
El Dorado3 Bedroom 1.5 Bath$1,285
Union at 16th3 Bed 2 Bath$1,485
9 on CanalGrand Lux$3,365
220 MeridianC1$3,751
The GroundsThe Taflinger$4,040
CityWayThe 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.

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Pet Friendly Lifestyle
Downtown Indianapolis, Indianapolis, IN

Ranked #1

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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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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.

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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.

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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.