3 Bedroom Apartments for Rent in Salem, IN (38 Rentals)

The Bend

Courtyard Apartments

Heritage Square

Knob Hill Communities

Academy Park Apartments

Lakeview Apartments

Sheffield Square

The Villas At Green Valley

Glenview Apartments

Huntley Ridge New Albany

Knobs Pointe Apartments

Charlestown Flats

2123 Bradford St

603 E Oak St

1813 E Elm St

417 Mill St

116 S 45th St

715 N 33rd St

111 N 46th St

2130 E Oak St

548 Alden Rd

987 W Vest St

127 Locust St

1725 Whittier Dr

7307 Meyer Loop

620 W Utica St

11548 Independence Way
Salem, IN Local Guide

How much does it cost to rent an apartment in Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salem Studio Apartments | $699 | $699 | $699 |
| Salem 1 Bedroom Apartments | $933 | $200 | $1,225 |
| Salem 2 Bedroom Apartments | $1,213 | $765 | $1,495 |
| Salem 3 Bedroom Apartments | $1,520 | $1,006 | $1,950 |
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Salem, IN Local Guide
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Largest Available Salem and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Salem, IN is found at Heritage Square in the Southern Indiana neighborhood and is 1,765 square feet priced from $1,950. The Villas At Green Valley in the Downtown New Albany neighborhood has the second largest 3 Bedroom, which is sized at 1,352 square feet and currently listed start at $1,550. Here is today’s list of the largest available 3 Bedroom units in Salem:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Heritage Square | Three Bedroom Townhome | 1,765 Sq Ft | $1,950 |
| The Villas At Green Valley | Villa 3 Bedroom First Floor | 1,352 Sq Ft | $1,550 |
| Academy Park Apartments | 3 BEDROOM 2 BATHROOM | 1,350 Sq Ft | $1,495 |
| Meadows at Green Tree | 3 Bedroom/2 Bath | 1,329 Sq Ft | Call for Rates |
| Courtyard Apartments | 3.1 | 1,260 Sq Ft | $1,307 |
| Knob Hill Communities | 3/2 | 1,250 Sq Ft | $1,499 |
| Water's Edge | Water's Edge Three Bedroom Reservation List | 1,183 Sq Ft | $1,006 |
| Charlestown Flats | Three Bedroom Flat | 1,075 Sq Ft | $1,384 |
| Nicholas Landing | Three Bedroom | 0 Sq Ft | $1,496 |
Cheapest Available Salem and Nearby 3 Bedroom Apartments
As of November 21, 2025 the lowest priced 3 Bedroom apartment unit in Salem, IN is the Water's Edge Three Bedroom Reservation List Model starting from $1,006 at Water's Edge . The second most affordable Salem 3 Bedroom is the 3.1 Model at Courtyard Apartments starting at $1,307 in the Southern Indiana neighborhood. The average price for all 3 Bedroom apartments in Salem is currently $1,520. Here is today’s list of the cheapest available 3 Bedroom options in Salem:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Water's Edge | Water's Edge Three Bedroom Reservation List | $1,006 |
| Courtyard Apartments | 3.1 | $1,307 |
| Charlestown Flats | Three Bedroom Flat | $1,384 |
| Academy Park Apartments | 3 BEDROOM 2 BATHROOM | $1,495 |
| Nicholas Landing | Three Bedroom | $1,496 |
| Knob Hill Communities | 3/2 | $1,499 |
| The Villas At Green Valley | Villa 3 Bedroom First Floor | $1,550 |
| Heritage Square | Three Bedroom Townhome | $1,950 |
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Best Local Schools in Salem, IN
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Getting Around Salem, IN
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 3 Bedroom Salem Apartments
How much is the average rent for a 3 Bedroom Salem Apartment?
The average rent for a 3 Bedroom Apartment in Salem is $1,520.
What is the largest available 3 Bedroom Salem Apartment for rent?
Today's apartment with the most square footage in Salem is a 1,765 square feet unit starting from $1,950 at Heritage Square.
What is the average size for Salem 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Salem is currently 1,535 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.










