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3 bedroom apartments
Last updated May 26 2020 at 12:26 AM

285 3 Bedroom Apartments for rent in Indianapolis, IN

Verified
Last updated May 26 at 12:19am
Garden City
17 Units Available
Pangea Hills
5500 Pleasant Hill Cir, Indianapolis, IN
3 Bedrooms
$765
1076 sqft
Accessible location just minutes from shopping, restaurants and Interstate 465. Two- and three-bedroom pet-friendly units available. Hardwood floors, all major appliances and private patio/balcony. Residents have access to on-site gym, playground and pool.
Verified
Last updated May 26 at 12:19am
Fairgrounds
18 Units Available
Pangea Groves
5018 Lemans Dr, Indianapolis, IN
3 Bedrooms
$1,002
987 sqft
Recently renovated units with a patio/balcony, central air conditioning and quality appliances. Enjoy access to an onsite playground, laundry room and clubhouse. Right near Arsenal Park. Easy access to I-465.
Verified
Last updated May 26 at 12:18am
St. Vincent - Greenbriar
6 Units Available
Fountainhead Apartments
8101 Laguna Dr, Indianapolis, IN
3 Bedrooms
$1,115
1150 sqft
Only blocks from I-465 and close to Eagle Creek Park, St. Vincent Hospital and downtown Indianapolis. Pet-friendly units include private balcony or patio and walk-in closets. Great amenities like clubhouse, pool and lighted dog park.
Verified
Last updated May 26 at 12:12am
Ameriplex
13 Units Available
Stone Ridge Apartments & Townhomes at the Ridge
7111 Vedder Pl, Indianapolis, IN
3 Bedrooms
$1,186
1365 sqft
Sprawling pool with hot tub. Courtyard and clubhouse access. Renovated luxury units featuring granite counters, ceiling fans, stainless steel appliances and washer/dryer hookups. Garden soaking tubs. Attached garages.
Verified
Last updated May 26 at 12:19am
Meridian Kessler
10 Units Available
CityView On Meridian
3801 N Meridian St, Indianapolis, IN
3 Bedrooms
$1,550
1500 sqft
Hi-rise living with privacy, security and luxury features including a rooftop pool. Minutes from Broad Ripple Park, Butler University and the Children's Museum of Indianapolis.
Verified
Last updated May 26 at 12:03am
Castleton
19 Units Available
Scandia Apartments
9250 Kungsholm Dr, Indianapolis, IN
3 Bedrooms
$1,139
1649 sqft
Stylish apartments located in the Scandia Neighborhood. Several floor plans to choose from. Apartments feature custom cabinets, granite counters, fireplace and built-in wine rack. Beautiful pool with poolside Wi-Fi. Carports and garages available.
Verified
Last updated May 26 at 12:19am
St. Vincent - Greenbriar
10 Units Available
Barrington Estates
8717 Old Town West Dr, Indianapolis, IN
3 Bedrooms
$1,150
1376 sqft
Classic architecture and lush landscaping complement large garden-style and townhouse apartments. Short walking distance for dining at Applebee's, Pancake House and Boston Market as well as a community nature park.
Verified
Last updated May 26 at 12:32am
Brendonwood
103 Units Available
The Residences on 56th Street
6800 Brendon Way Ndr, Indianapolis, IN
3 Bedrooms
$1,149
1583 sqft
Welcome to The Residences on 56th Street - the most exclusive address for apartment rentals in Indianapolis. When trying to find apartments for rent, this apartment community is located in Lawrence Township in Lawrence City School District.
Verified
Last updated May 26 at 12:40am
Near Northside
3 Units Available
Stonegate Apartments
1226 North Illinois Street, Indianapolis, IN
3 Bedrooms
$760
1236 sqft
Welcome to Stonegate Apartments, Enjoy city living and the comfort of Indianapolis-living in this community.
Verified
Last updated May 26 at 12:19am
Crooked Creek
22 Units Available
Ashford Meridian Hills
2085 Waterford Pl, Indianapolis, IN
3 Bedrooms
$970
1486 sqft
Create your dream life at Ashford Meridian Hills! Our newly-renovated spacious one, two and three-bedroom apartment homes offer everything you need.
Verified
Last updated May 26 at 12:09am
Snacks - Guion Creek
49 Units Available
Oakbrook Village
6098 Georgetown Rd, Indianapolis, IN
3 Bedrooms
$1,073
1162 sqft
Sparkling pool in a quiet community near North Westway Park. Upgraded interiors feature private patio/balcony, dishwasher and W/D hookup. Fitness center has sauna and steam bath, and community has a coffee bar and tennis court.
Verified
Last updated May 26 at 12:18am
Arlington Woods
15 Units Available
Kingston Square Apartments
7171 Twin Oaks Dr, Indianapolis, IN
3 Bedrooms
$969
1025 sqft
Close to I-465 and E 34th Street. Spacious homes with hardwood floors, a coffee bar, carpeting and a dishwasher. Community amenities include a pool, a sundeck and a picnic area.
Verified
Last updated May 26 at 12:09am
Keystone at The Crossing
85 Units Available
River Crossing
8720 Knickerbocker Way, Indianapolis, IN
3 Bedrooms
$1,494
1335 sqft
Luxurious units with hardwood floors, granite counters and extra storage. Community amenities include a tennis court, conference room and garage parking. Right in the heart of Keystone at the Crossing.
Verified
Last updated May 26 at 12:19am
Edgewood
14 Units Available
Brookwood Apartments
5301 S Turtle Creek Dr, Indianapolis, IN
3 Bedrooms
$839
1012 sqft
If you are looking for apartments in South Indianapolis near the West Edgewood neighborhood look no further! Here at Brookwood Apartments we believe your apartment is your home and your community should feel like family.
Verified
Last updated May 25 at 10:35am
Devonshire
16 Units Available
TGM Avalon Lake
6724 Greenshire Dr, Indianapolis, IN
3 Bedrooms
$1,125
1340 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at TGM Avalon Lake in Indianapolis. View photos, descriptions and more!
Verified
Last updated May 26 at 12:26am
Castleton
14 Units Available
Woodbridge Apartments in Castleton IN
9414 San Miguel Dr, Indianapolis, IN
3 Bedrooms
$1,160
Conveniently close to Castleton Square Mall, Nickel Plate District, I-69 and I-465. Apartments and townhomes available. Units include fireplace and laundry hookups. On-site amenities include clubhouse, pool, tennis courts and sauna. Large pets allowed.
Verified
Last updated May 26 at 12:19am
I65-South Emerson
22 Units Available
Overlook at Valley Ridge
6810 Valley Ridge Dr, Indianapolis, IN
3 Bedrooms
$1,206
1346 sqft
Just off of I-65 with numerous shopping and dining venues nearby. Pet-friendly apartments include private balcony or patio, in-unit laundry hookup and carpet. Residents have access to gym, pool and garage.
Verified
Last updated May 26 at 12:09am
Crooked Creek
3 Units Available
Landmark
7653 Woodmore Trce, Indianapolis, IN
3 Bedrooms
$1,357
1728 sqft
A gated community in Indianapolis, these apartments are in a wooded setting by a lake. Sunken living rooms, a pool, a bark park and walk-in closets charm residents. Minutes from I-465 and close to downtown.
Verified
Last updated May 26 at 12:41am
Near Northwest - Riverside
3 Units Available
Buckingham Balmoral
3055 N Meridian St, Indianapolis, IN
3 Bedrooms
$1,600
1548 sqft
Just 3 miles north of downtown Indianapolis and close to the Children's Museum of Indianapolis and the Indian State Fairgrounds. Amenities include outdoor courtyard with dog path, grill and seating, clubhouse, tanning beds and gym.
Verified
Last updated May 26 at 12:18am
Broad Ripple
9 Units Available
Monon Place II
1111 East 61st Street, Indianapolis, IN
3 Bedrooms
$2,020
1310 sqft
TAKE AN INTERACTIVE TOUR TODAY! Monon Place Apartments offers modern apartments in the heart of Broad Ripple Village, an exciting neighborhood in Indianapolis, Indiana.
Verified
Last updated May 26 at 12:19am
South Perry
7 Units Available
South and Madison
1834 Madison Village Dr, Indianapolis, IN
3 Bedrooms
$987
1188 sqft
Situated in the suburban south side of Indianapolis, South & Madison offers spacious apartments and townhomes in a premier location.
Verified
Last updated May 26 at 12:09am
Glendale
20 Units Available
Summit at Keystone
6630 Glenbrook Dr, Indianapolis, IN
3 Bedrooms
$992
1056 sqft
Recently upgraded apartments in Broad Ripple Village, near Indianapolis. Spacious units with premium features such as stainless steel appliances and granite countertops. Pet friendly with bark park, plus swimming pool and cyber cafe.
Verified
Last updated May 26 at 12:38am
Allisonville
11 Units Available
Chateau in the Woods
4020 Monaco Dr, Indianapolis, IN
3 Bedrooms
$1,109
1590 sqft
Chateau in the Woods is a charming community comfortably nestled in a peaceful, wooded residential setting in the popular northeast Kessler neighborhood of Indianapolis, Indiana.
Verified
Last updated May 26 at 12:52am
Edgewood
26 Units Available
Martinique Terrace
6789 S East St, Indianapolis, IN
3 Bedrooms
$989
1300 sqft
Just a few minutes from Downtown Indy, I-465 and I-65. This community offers larger apartments with new oak cabinetry, built-in appliances, and a private balcony or patio. On-site pool with a sundeck provided.

June 2020 Indianapolis Rent Report

Welcome to the June 2020 Indianapolis Rent Report. Indianapolis rents remained steady over the past month. In this report, we'll evaluate trends in the Indianapolis rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

June 2020 Indianapolis Rent Report

Welcome to the June 2020 Indianapolis Rent Report. Indianapolis rents remained steady over the past month. In this report, we'll evaluate trends in the Indianapolis rental market, including comparisons to cities throughout the metro, state, and nation.

Indianapolis rent trends were flat over the past month

Indianapolis rents have remained flat over the past month, however, they have increased slightly by 1.4% year-over-year. Currently, median rents in Indianapolis stand at $709 for a one-bedroom apartment and $878 for a two-bedroom. Indianapolis' year-over-year rent growth leads the state average of 1.1%, as well as the national average of 0.8%.

    Rents rising across the Indianapolis Metro

    Throughout the past year, rent increases have been occurring not just in the city of Indianapolis, but across the entire metro. Of the largest 10 cities that we have data for in the Indianapolis metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Beech Grove has seen the fastest rent growth in the metro, with a year-over-year increase of 6.0%. The median two-bedroom there costs $848, while one-bedrooms go for $685.
    • Over the past year, Fishers is the only city in the metro that has seen rents fall, with a decline of 5.4%. Median two-bedrooms there cost $1,143, while one-bedrooms go for $923.
    • Zionsville has the most expensive rents of the largest cities in the Indianapolis metro, with a two-bedroom median of $1,617; rents fell 0.2% over the past month but rose 5.8% over the past year.

    Indianapolis rents more affordable than many similar cities nationwide

    As rents have increased slightly in Indianapolis, other large cities nationwide have seen rents grow more quickly. Indianapolis is still more affordable than most other large cities across the country.

    • Rents increased moderately in other cities across the state, with Indiana as a whole logging rent growth of 1.1% over the past year. For example, rents have grown by 2.0% in Fort Wayne and 1.1% in Evansville.
    • Indianapolis' median two-bedroom rent of $878 is below the national average of $1,194. Nationwide, rents have grown by 0.8% over the past year compared to the 1.4% increase in Indianapolis.
    • While Indianapolis' rents rose slightly over the past year, many cities nationwide saw decreases, including San Francisco (-1.0%), Atlanta (-0.8%), and Denver (-0.4%).
    • Renters will find more reasonable prices in Indianapolis than most comparable cities. For example, San Francisco has a median 2BR rent of $3,071, which is nearly three-and-a-half times the price in Indianapolis.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Indianapolis
    $710
    $880
    0
    1.4%
    Carmel
    $990
    $1,230
    -0.2%
    0.6%
    Fishers
    $920
    $1,140
    0.2%
    -5.4%
    Noblesville
    $880
    $1,090
    0.8%
    3.3%
    Greenwood
    $750
    $930
    0
    1.2%
    Plainfield
    $820
    $1,010
    -0.1%
    3.5%
    Brownsburg
    $770
    $960
    0.1%
    0.6%
    Greenfield
    $750
    $930
    0.4%
    2.1%
    Beech Grove
    $690
    $850
    -0.8%
    6%
    Zionsville
    $1,310
    $1,620
    -0.2%
    5.8%
    Avon
    $1,000
    $1,230
    0.5%
    1.4%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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