
3 Bedroom Apartments for Rent in Indianapolis, IN Under $1,400 (93 Rentals)


The Meridian North and South

Scandia Apartments

Berkley Commons

The Maywood at Speedway

Estates at Crystal Bay

Reserve at Franklin Glen

Williamsburg North

Strawbridge Green
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Woods at Oak Crossing

Timber Point Apartments

The Life at Belhaven Place

Maple Creek Village

Horizons Apartments

Bristol Square

Hills Apartments

Community Place

Westbury Court
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

Darby Court

Carriage House East

Jade North Apartments

Sherman Village

1134-1136 Lasalle St

85 N Ewing St

440 N Gladstone Ave

29 S Bradley Ave

40 N Euclid Ave

4306 Meadowlark Ct

3728 N Brentwood Ave

4915 W Southern Ave

2806 Dietz St

1614 E Gimber St

8218 Laughlin Dr

4934 N Kenyon Dr

803 Cameron St

3502 N Kenwood Ave

863 N Oakland Ave

Canterbury House Apartments - Franklin Road
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis Studio Apartments | $1,233 | $585 | $6,201 |
Indianapolis 1 Bedroom Apartments | $1,414 | $280 | $9,501 |
Indianapolis 2 Bedroom Apartments | $1,709 | $700 | $9,991 |
Indianapolis 3 Bedroom Apartments | $1,989 | $930 | $6,700 |
Indianapolis 4 Bedroom Apartments | $2,001 | $700 | $4,140 |
Indianapolis 5 Bedroom Apartments | $4,396 | $2,360 | $10,000+ |
Explore Indianapolis

Indianapolis, IN Local Guide
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Quick 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.
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 $662.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $1,989.
What is the largest available 3 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,297 square feet unit starting from $4,495 at The Depot At Nickel Plate.
What is the average size for Indianapolis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Indianapolis is currently 1,621 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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.