
Cheap 3 Bedroom Homes for Rent in Indianapolis, IN from $900 (97 Rentals)


2974 N Denny St

4305 Rockville Rd

37 N Randolph St

10038 Hawkins Ct

2933 N Gladstone Ave

3531 N Butler Ave

3128 E Minnesota St

3458 Orchard Ave

813 N Bancroft St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2932 Lasalle St

2307 N Kenwood Ave

1132 N Rural St

1219 N Rural St

323 N Rural St

2011 Applegate St

2011 Applegate St

3933 N Kitley Ave

1515 Villa Ave

2036 Singleton 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.

2373 N Oxford St

1132 N Gale St

3050 S State Ave

3709 N Kenwood Ave

840 Lasalle St

2947 Lasalle St

4113 Cornelius Ave

10019 Catalina Dr

3125 Hart Dr

9337 Rochelle Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

928 Udell St

4741 N Longworth Ave

1643 Columbia Ave

2406 Indianapolis Ave

Great Location - 3 Bedrooms

3357 Ashley Ln

417 W 41st St

1348 S Belmont Ave

9143 E 34th St

1619 S Randolph 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.

136 S Webster Ave

3449 Boulevard Pl

601 N Oxford St

3248 Central Ave

4847 Mt Vernon Dr

2956 Ruckle St

3518 N Layman Ave

4159 N Ridgeview Dr

3156 Dequincy St

1622 N Rural 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.
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 | $1,421 | $745 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,797 | $900 | $3,985 |
| Indianapolis 4 Bedroom Homes for Rent | $2,198 | $1,095 | $5,500 |
| Indianapolis 5 Bedroom Homes for Rent | $2,864 | $1,550 | $8,950 |
| Indianapolis 6 Bedroom Homes for Rent | $3,195 | $2,150 | $6,000 |
Explore Indianapolis
Indianapolis, IN Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleYour 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 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.
Pet Friendly LifestyleIndianapolis, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Indianapolis, IN Rentals by Map
See the most popular apartments and homes in Indianapolis, IN
Indianapolis, IN Area Reviews
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 1714 Apartments for Rent in Indianapolis, IN with pricing that ranges from $563 to $15,313. There are also 1895 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $275 to $8,950.
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 $275 to $8,950 with an average monthly rent of $1,804.
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 $925 to $10,525, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,985. Four Bedroom Single-Family rentals are also available starting from $1,095 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.
Articles, How-To's, and Tips

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!