
3 Bedroom Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (40 Rentals)


Lakes of Windsor

Latitudes Apartments

Overlook at Valley Ridge Apartments

Kinwood Place

Coventry Park Village

5242 Basin Park Dr

6204 Glenshire Ln
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5402 Rocky Mountain Dr

8339 Firefly Way

8331 Amarillo Dr

8243 Retreat Ln

8842 Faulkner Dr

8158 Retreat Ln

8858 Hemingway Dr

6917 Merryhill Dr
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8144 Wood Hollow Ln

6834 Turnberry Way

5804 Foolish Pleasure Ln

5537 Floating Leaf Dr

5452 Wood Hollow Dr

5832 Outer Bank Rd

8018 Ithaca Way

6233 Carrie Cir
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Franklin Township Three Bedroom Ranch

8144 Amarillo Dr

5150 Pappas Dr

7812 Swails St

6328 E Stop 11 Rd

5526 Antoneli Ln

8226 Crackling Ln

7935 Bombay Ln
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8018 Ithaca Way

5532 Burning Tree Ct

8351 Brambleberry Dr

8209 Twin River Dr

5218 Triple Crown Wy

8514 Broad St

Arlington Farms
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South Franklin, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in South Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Franklin Studio Apartments | $1,256 | $795 | $1,360 |
| South Franklin 1 Bedroom Apartments | $1,297 | $935 | $2,765 |
| South Franklin 2 Bedroom Apartments | $1,557 | $1,030 | $2,825 |
South Franklin 3 Bedroom Apartments | $1,797 | $1,503 | $2,100 |
| South Franklin 4 Bedroom Apartments | $1,687 | $1,687 | $1,687 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the South Franklin Neighborhood of Indianapolis, IN.
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South Franklin, Indianapolis, IN Local Guide
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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 $1,970. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Arlington Farms | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,970 |
| Lakes of Windsor | Windsor | 1,402 Sq Ft | $1,700 |
| ARLO Apartments | Otis | 1,369 Sq Ft | $2,080 |
| Latitudes Apartments | The Constellation 3 BR 2 BA | 1,364 Sq Ft | $1,631 |
Cheapest Available South Franklin 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit South Franklin of Indianapolis, IN is the The Constellation 3 BR 2 BA Model starting from $1,631 at Latitudes Apartments. The average price for all 3 Bedroom apartments in South Franklin is currently $1,797. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Latitudes Apartments | The Constellation 3 BR 2 BA | $1,631 |
| Lakes of Windsor | Windsor | $1,700 |
| Arlington Farms | 3 Bed, 2 Bath | $1,970 |
| ARLO Apartments | Otis | $2,080 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Best Local Schools in South Franklin, Indianapolis, IN
Lillie Idella Kitley Elementary
Franklin Central High School
Franklin Central Junior High
School data provided by Great Schools
Frequently Asked Questions about 3 Bedroom South Franklin Apartments
What is the Cheapest apartment in South Franklin with 3 Bedroom?
Currently the most affordable 3 Bedroom in South Franklin is at Latitudes Apartments listed at $1,631.
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 $1,797.
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 $1,970 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 1,737 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
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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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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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