
3 Bedroom Homes for Rent in Downtown Indianapolis Neighborhood of Indianapolis, IN (57 Rentals)


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
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.

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
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.

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

1415 W Pruitt St

1621 N Livingston Ave

525 N Belmont Ave

1541 E Ohio St

22 S Belleview Pl

955 N Traub Ave

1367 W Pruitt 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.

2203 Sheldon St

538 Prospect St

12 N Randolph St

1135 W 21st St

1801 W Morris St

113 N Arsenal Ave

117 N Arsenal Ave

2161 N Meridian St

115 N Arsenal Ave

825 Camp St
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.

1249 Brooks St

421 E Morris St

2015 W Wilkins St

1512 English Ave

1924 Mansfield St

1156 Hoyt Ave

2934 W New York St

143 McKim Ave

2913 Bolton Square Blvd

517 E 23rd St
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.
Downtown Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent a home in Downtown Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Indianapolis 2 Bedroom Homes for Rent | $1,857 | $749 | $4,000 |
Downtown Indianapolis 3 Bedroom Homes for Rent | $2,077 | $1,249 | $5,000 |
| Downtown Indianapolis 4 Bedroom Homes for Rent | $2,395 | $1,475 | $3,995 |
| Downtown Indianapolis 5 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
Browse Homes for Rent in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
Explore Indianapolis
Frequently Asked Questions about Downtown Indianapolis
What type of rentals are currently available in Downtown Indianapolis?
There are currently 353 Apartments for Rent in Downtown Indianapolis, IN with pricing that ranges from $200 to $14,589. There are also 180 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Indianapolis ranging from $550 to $5,000.
What is the current price range for Rental Homes in Downtown Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Indianapolis ranges from $550 to $5,000 with an average monthly rent of $2,062.
How much are larger Three and Four Bedroom Rentals in Downtown Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Indianapolis range from $799 to $7,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,249 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $600.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.