
3 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (96 Rentals) Page 2 of 2


117 N Arsenal Ave

115 N Arsenal Ave

113 N Arsenal Ave

2107 N Pennsylvania St

1448 Woodlawn Ave

1015 Olive St

1706 Ingram St

2146 Gent Ave
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

1631 Montcalm St

1223 E New York St

2011 Bellefontaine St

942 Fayette St

936 Camp St

714 E 20th St

1605 English Ave

519 Fulton St

928-934 Martin Luther King Jr St
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

500 Park Residences

Colere

2161 N Meridian St

Nouveau in Old Northside

2521 W Washington St

Eleven Park Development

740 Fletcher Ave

2101 N Pennsylvania St

1802 Southeastern Ave
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Alvord Street Towns

Bottleworks

Villaggio at Page Pointe

1234 N Capitol Ave

Stonegate Apartments

550 Fletcher Ave

Proctor Place

The Steeples on Washington

Ohio Street TownHomes
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.

946 MLK

PICCADILLY

740 E North St

The Whit Apartments

747 Apartments

Fountain Flats

Canal Gardens

Barton Center

Central State Mansion
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!

Blacherne Apartments
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 | $1,324 | $556 | $5,509 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,615 | $544 | $4,307 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,071 | $650 | $6,430 |
Downtown Indianapolis 3 Bedroom Apartments | $2,204 | $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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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 $2,204.
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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
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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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.