3 Bedroom Apartments for Rent in Indianapolis, IN (642 Rentals)

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Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Indianapolis, IN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Indianapolis 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: April 13, 2025

There are currently 4450 available 3 Bedroom apartment units from neighborhoods all over Indianapolis, IN that range in price from $899 to $8,137. Southeast Indianapolis, Noblesville Durbin and Fishers Hawthorn Hills are the neighborhoods that currently have the most 3 Bedroom availability. Here is today's list of the top neighborhoods in Indianapolis with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Southeast Indianapolis82$1,697$1,225
Noblesville Durbin78$2,092$1,416
Fishers Hawthorn Hills68$2,211$1,550
Hunter Glen67$2,073$1,709
Brooks Chase60$2,160$1,550
Saxony60$2,160$1,550
Saddlebrook57$1,550$1,000
Barrington Estates54$2,275$1,410
Stony Creek/Highland/Designer50$2,189$1,650
Guilford Park49$2,599$1,735

Largest Available Indianapolis 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Indianapolis, IN is found at Solana Apartments in the Nora neighborhood and is 2,690 square feet priced from $3,329. The Depot At Nickel Plate in the Limestone Springs neighborhood has the second largest 3 Bedroom, which is sized at 2,297 square feet and currently listed start at $4,425. Here is today’s list of the largest available 3 Bedroom units in Indianapolis:

Apartment ListingModel NameSquare FootagePriced From
Solana ApartmentsBeam2,690 Sq Ft$3,329
The Depot At Nickel PlateAmbassador2,297 Sq Ft$4,425
Slate at Fishers District Luxury Villas & TownhomesShale2,266 Sq Ft$3,120
Pinnacle on Meridian7176C12,200 Sq Ft$2,599
The GroundsThe Taflinger2,065 Sq Ft$4,040
Edison at Meridian Hills3 Bedroom Townhome1,750 Sq Ft$2,059

Cheapest Available Indianapolis 3 Bedroom Apartments

As of April 13, 2025 the lowest priced 3 Bedroom apartment unit in Indianapolis, IN is the C1 Model starting from $869 at East Village at Avondale Meadows Apartments in the Martindale neighborhood. The second most affordable Indianapolis 3 Bedroom is the Three Bedrooms Model at The Pines at SoBro starting at $1,031 in the Keystone-Monon neighborhood. The average price for all 3 Bedroom apartments in Indianapolis is currently $2,018. Here is today’s list of the cheapest available 3 Bedroom options in Indianapolis:

Apartment ListingModel NamePriced From
East Village at Avondale Meadows ApartmentsC1$869
The Pines at SoBroThree Bedrooms$1,031
Timber Point ApartmentsThe Cambridge$1,165
Fields Apartments3 Bedroom 2 Bath Apartment$1,186
Hills Apartments3 Bedroom 2 Bath Apartment$1,187
El Dorado3 Bedroom 1 Bath$1,200
Cumberland ManorCumberland Manor - Newly Renovated 3 Bed 2 Bath...$1,295
Sherman VillageTownhome$1,300
Proctor Place3 Bedroom$1,300
Covered BridgeThree Bedroom Two Bath$1,307

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Indianapolis Overview

Indiana’s capital, Indianapolis, is the state’s largest city and it ranks 13th in the country for size. It sits near the convergence of the White River and Fall Creek. Recently, Forbes ranked Indianapolis as having one of the best downtowns in the country because of its appealing appearance as well as amenities like movie theaters, museums, art galleries, parks, retail shops and entertainment. Indianapolis has experienced moderate growth in the last few years, and currently has a population of nearly 840,000 residents.

Why live in Indianapolis, IN?

In Indianapolis, if you are a sports fan, you are in luck. The city boasts many sports-related venues and activities. There is a lot to do if you love history, art, and the outdoors as well (in the warmer months, of course!). Here are some of the highlights the city has to offer:

Pet Friendly Lifestyle
Indianapolis, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianapolis, IN Rentals by Map

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See the most popular apartments and homes in Indianapolis, IN

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Getting Around Indianapolis, IN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

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 Indianapolis Apartments

What is the Cheapest apartment in Indianapolis with 3 Bedroom?

Currently the most affordable 3 Bedroom in Indianapolis is at East Village at Avondale Meadows Apartments listed at $869.

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

The average rent for a 3 Bedroom Apartment in Indianapolis is $2,018.

What is the largest available 3 Bedroom Indianapolis Apartment for rent?

Today's apartment with the most square footage in Indianapolis is a 2,690 square feet unit starting from $3,329 at Solana Apartments.

What is the average size for Indianapolis 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Indianapolis is currently 1,710 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.