3 Bedroom Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (35 Rentals)

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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.

property at 5719 Wood Hollow Dr

$1,735

Total Monthly Price

Total Monthly Price

Base Rent
$1,735

Total Monthly Price
$1,735

3 Bedroom, 2 Bath Rentals

Available Now

5719 Wood Hollow Dr

IndianapolisIN46239
property at 8316 Crosser Dr

$1,935

Total Monthly Price

Total Monthly Price

Base Rent
$1,935

Total Monthly Price
$1,935

3 Bedroom, 2 Bath Rentals

Available Now

8316 Crosser Dr

IndianapolisIN46237
property at 6726 Aviva Way

$2,105

Total Monthly Price

Total Monthly Price

Base Rent
$2,105

Total Monthly Price
$2,105

3 Bedroom, 2.5 Bath Rentals

Available Now

6726 Aviva Way

IndianapolisIN46237
property at 6723 Harvest Ridge Ct

$1,845

Total Monthly Price

Total Monthly Price

Base Rent
$1,845

Total Monthly Price
$1,845

3 Bedroom, 2 Bath Rentals

Available Now

6723 Harvest Ridge Ct

IndianapolisIN46237

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.

property at 5624 Grassy Bank Dr

$1,945

Total Monthly Price

Total Monthly Price

Base Rent
$1,945

Total Monthly Price
$1,945

3 Bedroom, 2 Bath Rentals

Available Now

5624 Grassy Bank Dr

IndianapolisIN46237
property at 5606 Wood Hollow Dr

$1,925

Total Monthly Price

Total Monthly Price

Base Rent
$1,925

Total Monthly Price
$1,925

3 Bedroom, 2 Bath Rentals

Available Now

5606 Wood Hollow Dr

IndianapolisIN46239

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

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.

South Franklin, Indianapolis, IN Local Guide

Largest Available South Franklin 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in the South Franklin area of Indianapolis, IN is found at Arlington Farms and is listed at 1,525 square feet priced from $1,825. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Arlington Farms3 Bed, 2 Bath1,525 Sq Ft$1,825
Overlook at Valley Ridge ApartmentsC1 - Berkshire1,452 Sq Ft$1,892
Lakes of WindsorWindsor1,402 Sq Ft$1,700
ARLO ApartmentsOtis1,369 Sq Ft$2,000

Cheapest Available South Franklin 3 Bedroom Apartments

Currently the lowest priced 3 Bedroom apartment unit South Franklin of Indianapolis, IN is the C - Rio Grande Model starting from $1,585 at Overlook at Valley Ridge Apartments. The average price for all 3 Bedroom apartments in South Franklin is currently $1,816. Here is today’s list of the cheapest available 3 Bedroom options in the area:

Apartment ListingModel NamePriced From
Overlook at Valley Ridge ApartmentsC - Rio Grande$1,585
Lakes of WindsorWindsor$1,700
Arlington Farms3 Bed, 2 Bath$1,825
ARLO ApartmentsOtis$2,000

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

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Real 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.

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Frequently Asked Questions about 3 Bedroom South Franklin Apartments

How much is the average rent for a 3 Bedroom South Franklin Apartment?

The average rent for a 3 Bedroom Apartment in South Franklin is $1,816.

What is the largest available 3 Bedroom South Franklin Apartment for rent?

Today's apartment with the most square footage in South Franklin is a 1,525 square feet unit starting from $1,825 at Arlington Farms.

What is the average size for South Franklin 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in South Franklin is currently 1,616 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

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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.

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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.

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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.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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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

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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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.