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3 Bedroom Apartments for Rent in Indianapolis, IN - 274 Rentals available

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Indianapolis, IN Demographics

  • Total Population841,449
  • Female 405,843
    Male 435,606
  • Median Age34

Average Rent in Indianapolis, IN

  • Indianapolis, IN Average Rental Price, January 2019$848/mo

Indianapolis, IN Apartment Rent Ranges

  • < $5003%
  • $501-$70030%
  • $701-$1,00048%
  • $1,001-$1,50016%
  • $1,501-$2,0002%
  • > $2,0001%

Indianapolis, IN Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Indianapolis, IN $759 $777 $787 $796 $807 $815 $819 $820 $848
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Indianapolis, IN Households

  • Total Number of Households330,243
  • Children 100,519
    No Children 229,724
  • Average People Per Household2.5
  • Median Household Income$41,987
  • Median Housing Costs Per Month$848

Indianapolis, IN Education Statistics

  • No High School5%
  • Some High School40%
  • Some College23%
  • Associate Degree6%
  • Bachelor Degree17%
  • Graduate Degree9%

Renting a 3 bedroom apartment in Indianapolis, IN

A 3 bedroom apartment is the perfect home for you to share with family or roommates. It’s spacious enough, so you can always enjoy some much-needed alone time, but you’ll never feel left out in case you get lonely because your roommates or family will always be nearby. There’s certainly no shortage of 3 bedroom apartments in Indianapolis, IN for you to choose from. There are 206 Indianapolis, IN properties that offer about 274 3 bedroom units. An average 3 bedroom apartment is 976 Sqft, and rents for about $1,040. The monthly rent does vary depending on property type. If you are looking for an apartment that’s close to public transportation, dining and entertainment, expect to pay more. Location is a key factor. The same goes for furnished apartments and units located in newer, well-maintained buildings. The monthly rent can go up to $4,240.

Live on easy street in your cheap 3 bedroom apartment

If finding the perfect rental gets too overwhelming, here’s a tip. Use the RENTCafé filters and, in no time, you will be living in the home of your dreams. So, if you’re trying to put some money aside and you’re on a budget, you can sort the results by using the price filter and eliminate the properties that exceed your budget. A big apartment does not have be a black hole for your wallet. With perseverance, you can also find cheap 3 bedroom apartments. Some apartments rent for as little as $523, so don’t give up on the search. If you find an apartment that fits your criteria, don’t let it slip. Contact the property to check availability, and you can apply for a lease directly on RENTCafé.