
3 Bedroom Apartments for Rent in the South Franklin Avenue Neighborhood of Indianapolis, IN (22 Rentals)


Paragon Park

5843 Shimer Ave

441 Cecil Ave

703 Sweet Creek Dr

7818 Bent Willow Dr

534 Fisher Creek Drive
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.

1808 Forsythia Dr

57 N Devon Ave

1724 Englewood Dr

7015 Wadsworth Way

6119 Nimitz Dr

137 S Catherwood Ave

16 S Galeston 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.

33 S Post Rd

7644 Scatter Woods Ln

1414 Priscilla Ave

1258-1270 N Ridgeview

401 S Kenmore Rd

Historic Audubon Court

Charleston East Apartments
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

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 | $786 | $595 | $1,250 |
| South Franklin Avenue 1 Bedroom Apartments | $998 | $717 | $1,360 |
| South Franklin Avenue 2 Bedroom Apartments | $1,159 | $825 | $1,825 |
South Franklin Avenue 3 Bedroom Apartments | $1,634 | $1,295 | $1,773 |
| South Franklin Avenue 4 Bedroom Apartments | $1,775 | $1,775 | $1,775 |
Browse Apartments in this Neighborhood
There are currently 22 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 $1,399. 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 | $1,399 |
| Braeburn Village | C1 Townhome - 80 | 1,260 Sq Ft | $1,238 |
| Indy 7925 | C1R- 3x2 | 1,173 Sq Ft | $1,673 |
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 $1,634. 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 | $1,399 |
| Indy 7925 | C1R- 3x2 | $1,673 |
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 $1,634.
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 $1,399 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 1,463 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.