
3 Bedroom Apartments for Rent in the Thirty-Eighth & Franklin Neighborhood of Indianapolis, IN (27 Rentals)


Jamestowne Apartments

The Reserve at Franklin Glenn

3924 Elmonte Ct

8858 Frontenac Rd

4110 Mellis Dr
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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.

8124 E 37th Pl

7531 Penway St

3607 Decamp Dr

8124 E 37th Pl

8254 Meadowlark Dr

8124 E 37th St
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Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

3631 Decamp Dr

3658 Marseille Rd

3914 Richelieu Rd

3903 Elmonte Ct

3848 Richelieu Rd

8328 E 41st Pl
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3710 Chateau Ct

8523 42nd St

4102 Biscayne Rd

3921 Malibu Dr

3938 Biscayne Rd

Cavalier Court
Thirty-Eighth & Franklin - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Maison Gardens Apartments

Postbrook East Apartments

Meadowlark Apartments
Thirty-Eighth & Franklin, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Thirty-Eighth & Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thirty-Eighth & Franklin Studio Apartments | $819 | $819 | $819 |
| Thirty-Eighth & Franklin 1 Bedroom Apartments | $864 | $794 | $1,035 |
| Thirty-Eighth & Franklin 2 Bedroom Apartments | $1,083 | $950 | $1,299 |
Thirty-Eighth & Franklin 3 Bedroom Apartments | $1,425 | $1,249 | $1,599 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Thirty-Eighth & Franklin Neighborhood of Indianapolis, IN.
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Thirty-Eighth & Franklin, Indianapolis, IN Local Guide
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Largest Available Thirty-Eighth & Franklin 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Thirty-Eighth & Franklin area of Indianapolis, IN is found at Jamestowne Apartments and is listed at 1,280 square feet priced from $1,425. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Jamestowne Apartments | 3/1.5 | 1,280 Sq Ft | $1,425 |
| The Reserve at Franklin Glenn | 3 Bedroom 2 Bathroom Townhome | 1,190 Sq Ft | $1,401 |
| Harrison Point Apartments | Diamond Reno | 1,150 Sq Ft | $1,599 |
| Postbrook East Apartments | 3 bd F Remod | 1,100 Sq Ft | $1,180 |
| Maison Gardens Apartments | 3BD CL W/D | 1,024 Sq Ft | $870 |
Cheapest Available Thirty-Eighth & Franklin 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Thirty-Eighth & Franklin of Indianapolis, IN is the 3BD CL Model starting from $870 at Maison Gardens Apartments. The average price for all 3 Bedroom apartments in Thirty-Eighth & Franklin is currently $1,425. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Maison Gardens Apartments | 3BD CL | $870 |
| Postbrook East Apartments | 3 bd F Remod | $1,180 |
| The Reserve at Franklin Glenn | 3 Bedroom 2 Bathroom Townhome | $1,401 |
| Jamestowne Apartments | 3/1.5 | $1,425 |
| Harrison Point Apartments | Diamond Reno | $1,599 |
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
Read ArticleReal 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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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.
Pet Friendly LifestyleThirty-Eighth & Franklin, Indianapolis, IN
Ranked #76
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about 3 Bedroom Thirty-Eighth & Franklin Apartments
How much is the average rent for a 3 Bedroom Thirty-Eighth & Franklin Apartment?
The average rent for a 3 Bedroom Apartment in Thirty-Eighth & Franklin is $1,425.
What is the largest available 3 Bedroom Thirty-Eighth & Franklin Apartment for rent?
Today's apartment with the most square footage in Thirty-Eighth & Franklin is a 1,280 square feet unit starting from $1,425 at Jamestowne Apartments.
What is the average size for Thirty-Eighth & Franklin 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Thirty-Eighth & Franklin is currently 1,135 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.