
3 Bedroom Homes for Rent in Indianapolis, IN (778 Rentals)


17 N Randolph St

3450 Graceland Ave

2231 Union St

5843 Shimer Ave

408 E Beecher St

1227 W 25th St

717 N Grant Ave, Unit 717

441 Cecil Ave

1532 N College Ave
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

1230 E 54th St

3360 Ransdell St, Unit A 3 bd

12647 Gunnison Dr

1720 Union St, Unit 1

1920 Woodlawn Ave

608 N Emerson Ave

1061 W 18th St

1501 Spann Ave

705 E 16th St

675 E 16th St
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.

673 E 16th St

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49 S Lasalle St, Unit SI ID1540092P

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2905 Halifax Dr, Unit SI ID1536665P

1602 Quill St, Unit B

2960 N Park Ave

2106 N Talbott St

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10363 Fairmont Ln, Unit SI ID1522300P

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1523 S East St, Unit SI ID1342436P

22 Hendricks Pl, Unit 22

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518 Prospect St, Unit SI ID1357365P
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

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518 Prospect St, Unit SI ID1353834P

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5850 Devington Cir, Unit SI ID1332864P

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2549 Columbia Ave, Unit SI ID1332865P

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2838 N Washington Blvd, Unit SI ID1303773P

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2307 E 65th St, Unit SI ID1328005P

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7542 Higdon Ct, Unit SI ID1303775P

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2834 N Washington Blvd, Unit SI ID1303785P

3920 E 30th St

6843 Owls Nest Ct

3539 Brandenburg Blvd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

5769 Woodland Trace Blvd

4905 Fields Blvd

2862 Corvallis Crescent

6919 Bannock Ct

5719 Wood Hollow Dr

802 Charter Woods Dr

6196 W Morris St

11447 Drabble Ln

8715 Hosta Way

1620 Norton 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.
Indianapolis, IN Local Guide

How much does it cost to rent a home in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis 2 Bedroom Homes for Rent | $1,491 | $700 | $2,950 |
| Indianapolis 3 Bedroom Homes for Rent | $1,876 | $800 | $6,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,374 | $1,295 | $6,800 |
| Indianapolis 5 Bedroom Homes for Rent | $3,335 | $1,720 | $8,500 |
| Indianapolis 6 Bedroom Homes for Rent | $5,361 | $1,450 | $10,000+ |
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Indianapolis, IN Local Guide
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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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
What type of rentals are currently available in Indianapolis?
There are currently 1746 Apartments for Rent in Indianapolis, IN with pricing that ranges from $544 to $16,353. There are also 1343 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $15,000.
What is the current price range for Rental Homes in Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianapolis ranges from $320 to $15,000 with an average monthly rent of $2,147.
How much are larger Three and Four Bedroom Rentals in Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianapolis range from $626 to $9,756, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,295 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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.