
3 Bedroom Apartments for Rent in the South Franklin Avenue Neighborhood of Indianapolis, IN (17 Rentals)


Paragon Park

47 S Brentwood Ave

7910 Palmaro Cir

6033 English Ave
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.

854 Treyburn Green Dr

1722 Arlene Dr

122 N Routiers Ave

1652 N Coolidge Ave

33 S Post Rd
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.

21 N Devon Ave

2026 Coldwater Ct

401 S Kenmore Rd

1258-1270 N Ridgeview

Historic Audubon Court
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.

Charleston East Apartments

Braeburn Village
South Franklin Avenue, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in South Franklin Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Franklin Avenue Studio Apartments | $862 | $575 | $1,250 |
| South Franklin Avenue 1 Bedroom Apartments | $1,003 | $699 | $1,499 |
| South Franklin Avenue 2 Bedroom Apartments | $1,050 | $813 | $1,838 |
South Franklin Avenue 3 Bedroom Apartments | $1,716 | $1,449 | $1,785 |
| South Franklin Avenue 4 Bedroom Apartments | $1,775 | $1,775 | $1,775 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the South Franklin Avenue Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Largest Available South Franklin Avenue 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the South Franklin Avenue area of Indianapolis, IN is found at Paragon Park and is listed at 1,340 square feet priced from $1,449. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Paragon Park | The Mansion - Three Bedroom Two Bath | 1,340 Sq Ft | $1,449 |
| Braeburn Village | C2 Townhome - 80 | 1,260 Sq Ft | $1,238 |
| Indy 7925 | C1R- 3x2 | 1,173 Sq Ft | $1,692 |
Cheapest Available South Franklin Avenue 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit South Franklin Avenue of Indianapolis, IN is the C1 Townhome - 80 Model starting from $1,238 at Braeburn Village. The average price for all 3 Bedroom apartments in South Franklin Avenue is currently $1,716. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Braeburn Village | C1 Townhome - 80 | $1,238 |
| Paragon Park | The Mansion - Three Bedroom Two Bath | $1,449 |
| Indy 7925 | C1R- 3x2 | $1,692 |
Frequently Asked Questions about 3 Bedroom South Franklin Avenue Apartments
What is the Cheapest apartment in South Franklin Avenue with 3 Bedroom?
Currently the most affordable 3 Bedroom in South Franklin Avenue is at Braeburn Village listed at $1,238.
How much is the average rent for a 3 Bedroom South Franklin Avenue Apartment?
The average rent for a 3 Bedroom Apartment in South Franklin Avenue is $1,716.
What is the largest available 3 Bedroom South Franklin Avenue Apartment for rent?
Today's apartment with the most square footage in South Franklin Avenue is a 1,340 square feet unit starting from $1,449 at Paragon Park.
What is the average size for South Franklin Avenue 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in South Franklin Avenue is currently 1,483 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.