
3 Bedroom Apartments for Rent in the Island Village Neighborhood of Indianapolis, IN (54 Rentals)


Eagle Lake Landing

Eagle Creek by Spark Living

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Eagle’s Edge

The Life at Wood Springs

Waterfront Pointe

The Maywood at Speedway

The Stratford

The Life at Northwest Gardens
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.

The Life at White Pines

Woodhaven Park

Darby Court

Pier 39 Apartments & Townhomes

Pebble Point

Center Point

Scarborough Lake Apartments

1744 N Norfolk St

6824 Oak Lake Dr

5907 Dunseth Ct
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.

3955 Diamond Ln

6641 Stanhope Way

3123 Skeeter Ct

9013 Scoter Ct

5110 Stanhope Ln

2314 Gradison Cir

8749 Trumpeter Dr

6748 Redan Dr

7419 Cherryhill Dr

3357 Ashley Ln
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.

3281 Ashley Ln

1712 Beckenbauer Ln

6740 Doris Dr

5227 Austral Dr

1744 N Norfolk St

2004 Pamona Dr

4607 Owls Nest Pl

2233 Historic Oaks Blvd

7302 Cherryhill Dr

4223 Kestrel Ct
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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Mayfield Green Cooperative

Three Fountains West Cooperative

3905 Gateway Ct

5351 W 46th St

6107 Promenade Ct

6221-6225 Gateway

Whispering Pines

Heather Ridge

Sebring Court

Honey Creek Apartments
Navigating the Rental Market: Tips for First-Time Renters
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Island Village, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Island Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Village Studio Apartments | $846 | $620 | $1,208 |
| Island Village 1 Bedroom Apartments | $1,004 | $727 | $1,415 |
| Island Village 2 Bedroom Apartments | $1,272 | $964 | $2,175 |
Island Village 3 Bedroom Apartments | $1,571 | $1,238 | $2,400 |
| Island Village 4 Bedroom Apartments | $2,018 | $1,638 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Island Village Neighborhood of Indianapolis, IN.
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Island Village, Indianapolis, IN Local Guide
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Largest Available Island Village 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Island Village area of Indianapolis, IN is found at Runaway Bay Apartments and is listed at 1,421 square feet priced from $1,775. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Runaway Bay Apartments | Catalina 2 | 1,421 Sq Ft | $1,775 |
| Brickyard Flats | C2 - TH | 1,398 Sq Ft | $1,410 |
| Eagle Lake Landing | The Pointe | 1,395 Sq Ft | $1,238 |
| Lakeside Crossing at Eagle Creek Apartments and Townhomes | Three Bedroom Townhome | 1,345 Sq Ft | $1,765 |
| Pier 39 Apartments & Townhomes | Three Bedroom Townhome | 1,340 Sq Ft | $1,695 |
| The Stratford | 3 Bedroom 1.5 Bath Townhome | 1,300 Sq Ft | $1,350 |
| Center Point | 3 Bed 2 Bath Renovated | 1,291 Sq Ft | $1,745 |
| Woodhaven Park | Three Bedroom Two Bath | 1,283 Sq Ft | $1,309 |
| The Life at Wood Springs | 3 BEDROOM | 2 BATHROOM A | 1,266 Sq Ft | $1,914 |
| The Maywood at Speedway | The Amalfi | 1,235 Sq Ft | $1,400 |
Cheapest Available Island Village 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Island Village of Indianapolis, IN is the The Pointe Model starting from $1,238 at Eagle Lake Landing. The average price for all 3 Bedroom apartments in Island Village is currently $1,571. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Eagle Lake Landing | The Pointe | $1,238 |
| Woodhaven Park | Three Bedroom Two Bath | $1,309 |
| The Stratford | 3 Bedroom 1.5 Bath Townhome | $1,350 |
| The Maywood at Speedway | The Amalfi | $1,400 |
| Brickyard Flats | C2 - TH | $1,410 |
| Eagle’s Edge | Falcon | $1,500 |
| The Life at Wood Springs | 3 BEDROOM | 2 BATHROOM | $1,550 |
| The Life at White Pines | CYPRESS | $1,686 |
| Pier 39 Apartments & Townhomes | Three Bedroom Townhome | $1,695 |
| Center Point | 3 Bed 2 Bath Renovated | $1,745 |
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.
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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.
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about 3 Bedroom Island Village Apartments
What is the Cheapest apartment in Island Village with 3 Bedroom?
Currently the most affordable 3 Bedroom in Island Village is at Eagle Lake Landing listed at $1,238.
How much is the average rent for a 3 Bedroom Island Village Apartment?
The average rent for a 3 Bedroom Apartment in Island Village is $1,571.
What is the largest available 3 Bedroom Island Village Apartment for rent?
Today's apartment with the most square footage in Island Village is a 1,421 square feet unit starting from $1,775 at Runaway Bay Apartments.
What is the average size for Island Village 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Island Village is currently 1,687 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.
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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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!