
3 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (101 Rentals)


The Grounds

The Assembly

Pinnex

Artistry Indy

220 Meridian

CityWay

Total Monthly Price
9 On Canal

Circa Apartments

Nine+Eighteen
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360 Market Square

946 MLK

Total Monthly Price
Ralston Apartments

Riley Towers

The Row

El Dorado

Maple Creek Village

Plaza at Central Greens

Union at 16th

16 Park Apartments
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Proctor Place

Temple Lofts

632MLK

Total Monthly Price
2031 Broadway St, Unit Broadway

1532 N College Ave

1643 Fletcher Ave

2923 W New York St

1629 Lexington Ave

1501 Spann Ave

2134 N Pennsylvania St
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

705 E 16th St

673 E 16th St

675 E 16th St

2106 N Talbott St

Total Monthly Price
518 Prospect St, Unit SI ID1357365P

Total Monthly Price
518 Prospect St, Unit SI ID1353834P

2217 N Tibbs Ave

918 S State Ave

1541 E Ohio St

3531 Garden Ave
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117 N Arsenal Ave

115-115 N Arsenal Ave

119 N Arsenal Ave

2314 N Goodlet Ave

1527 Prospect St

512 S State Ave

1354 Oliver Ave

1020-1022 S Randolph St

2235 Doctor M.L.K. Jr St

2018 Rembrandt 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 | $1,297 | $595 | $4,070 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,567 | $497 | $4,071 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,016 | $515 | $6,207 |
Downtown Indianapolis 3 Bedroom Apartments | $2,167 | $799 | $6,477 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,442 | $600 | $5,672 |
Browse Apartments in this Neighborhood
There are currently 101 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 |
| 220 Meridian | C1 | 1,561 Sq Ft | $4,378 |
| El Dorado | Three Bedroom 1.5 Bath Townhome w/Basement | 1,440 Sq Ft | $1,209 |
| Artistry Indy | Pablo | 1,361 Sq Ft | $2,124 |
| The Block | 3 Bedroom 2 Bath | 1,277 Sq Ft | $2,459 |
| 9 On Canal | 3BR/3BA - Grand Lux | 1,244 Sq Ft | $2,715 |
| The Row | The Penn -3A | 1,176 Sq Ft | $2,400 |
| Plaza at Central Greens | Three Bedroom B350 | 1,156 Sq Ft | $1,600 |
| Maple Creek Village | 3 Bedroom, 1 Bath | 927 Sq Ft | $1,200 |
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 Bath Model starting from $1,200 at Maple Creek Village. The average price for all 3 Bedroom apartments in Downtown Indianapolis is currently $2,167. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Maple Creek Village | 3 Bedroom, 1 Bath | $1,200 |
| El Dorado | Three Bedroom One Bath Garden | $1,209 |
| Plaza at Central Greens | Three Bedroom B350 | $1,600 |
| Artistry Indy | Pablo | $2,133 |
| The Row | The Penn -3A | $2,400 |
| The Block | 3 Bedroom 2 Bath | $2,459 |
| 9 On Canal | 3BR/3BA - Grand Lux | $2,715 |
| The Grounds | The Taflinger | $3,499 |
| 220 Meridian | C1 | $4,378 |
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 Maple Creek Village listed at $1,200.
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 $2,167.
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 1,246 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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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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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

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