3 Bedroom Apartments for Rent in the South Franklin Neighborhood of Indianapolis, IN (34 Rentals)

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property at 5549 Wild Horse Dr

5549 Wild Horse Dr

IndianapolisIN46239

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 6543 Margaret Ct

6543 Margaret Ct

IndianapolisIN46237

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 7939 Crackling Ln

7939 Crackling Ln

IndianapolisIN46259

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.

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South 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!

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Showing Results 1-34, Page 1 of 1

South Franklin, Indianapolis, IN Local Guide

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 $1,995. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Arlington Farms3 Bed, 2 Bath1,525 Sq Ft$1,995
Overlook at Valley Ridge ApartmentsC1 - Berkshire1,452 Sq Ft$1,584
Lakes of WindsorWindsor1,402 Sq Ft$1,670
Latitudes ApartmentsThe Constellation 3 BR 2 BA1,364 Sq Ft$1,719

Cheapest Available South Franklin 3 Bedroom Apartments

Currently the lowest priced 3 Bedroom apartment unit South Franklin of Indianapolis, IN is the C1 - Berkshire Model starting from $1,584 at Overlook at Valley Ridge Apartments. The average price for all 3 Bedroom apartments in South Franklin is currently $2,101. Here is today’s list of the cheapest available 3 Bedroom options in the area:

Apartment ListingModel NamePriced From
Overlook at Valley Ridge ApartmentsC1 - Berkshire$1,584
Lakes of WindsorWindsor$1,670
Latitudes ApartmentsThe Constellation 3 BR 2 BA$1,719
Arlington Farms3 Bed, 2 Bath$1,995

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.

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Pet Friendly Lifestyle
South Franklin, Indianapolis, IN

Ranked #109

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Franklin, Indianapolis, IN

School data provided by Great Schools

Getting Around the South Franklin Neighborhood in Indianapolis, IN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

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 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 Overlook at Valley Ridge Apartments listed at $1,584.

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 $2,101.

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 $1,995 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 1,646 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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.