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3 Bedroom Apartments for Rent in Indianapolis, IN - 238 Rentals available

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Indianapolis, IN Demographics

  • Total Population853,431
  • Female 411,970
    Male 441,461
  • Median Age34.1

Average Rent in Indianapolis, IN

  • Indianapolis, IN Average Rental Price, December 2019 $888 /mo

Indianapolis, IN Apartment Rent Ranges

  • < $5001%
  • $501-$70025%
  • $701-$1,00051%
  • $1,001-$1,50020%
  • $1,501-$2,0003%
  • > $2,0001%

Indianapolis, IN Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
Indianapolis, IN $789 $798 $810 $818 $820 $839 $850 $857 $875 $887 $888
National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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Average rent is projected to grow by 4% in 2019 compared to 2018.

Please note that projected rent growth is calculated at city level.

Check out the average rent prices in Indianapolis by neighborhood.

Indianapolis, IN Households

  • Total Number of Households333,316
  • Family 186,185
    Non-family 147,131
  • Children 97,007
    No Children 236,309
  • Average People Per Household2.51
  • Median Household Income$44,709
  • Median Housing Costs Per Month$879

Indianapolis, IN Education Statistics

  • No High School4%
  • Some High School38%
  • Some College24%
  • Associate Degree6%
  • Bachelor Degree18%
  • Graduate Degree9%

Renting a 3 bedroom apartment in Indianapolis, IN

If you are looking for a home with a lot of space for you and your family, but a house doesn’t really seem like the right fit, consider looking for a 3 bedroom apartment. In Indianapolis, IN there are 183 properties that offer about 239 3 bedroom apartments. These apartments are spacious enough to fit an entire family, and they come with a plethora of benefits. In general, apartments tend to be very low maintenance, and if you live in an apartment complex, you’ll have access to all the amazing common space amenities. The average size for a 3 bedroom unit is about 997 Sqft, but these versatile apartments come in all shapes and sizes, so don’t worry about cutting down on any precious living space. Location is key when you are renting.

Cheap 3 bedroom rentals are no hidden treasure

A cheap 3 bedroom apartment might sound too good to be true, but it isn’t. Looking for affordable 3 bedroom apartments doesn’t have to become a treasure hunt. Indiana Jones might have had too much time on his hands, but we’ll spare you the trouble. On RENTCafé you can filter the results, so the quest for your dream home can be as easy as ABC. Use the location, price and amenities filters to browse through the 239 Indianapolis, IN units and, in no time, you’ll find the right apartment for you. Before you start, we’ll give you a cheat sheet. Furnished 3 bedroom apartments that are located in modern, well-maintained buildings tend to be more expensive. The same goes for properties that are located next to public transportation, restaurants and shopping. Of course, a cheaper, unfurnished apartment could be a great project for you and your family to bond over. Now, organize your search results according to your own preferences and you’re sure to find the right apartment.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!