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3 Bedroom Apartments for Rent in South Indianapolis, Indianapolis, IN

58 Rentals Available
3 Bedroom Apartments for Rent in South Indianapolis, Indianapolis, IN. 58 Rentals Available
15-10-nhood
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South Indianapolis, Indianapolis, IN rent trends

Rental prices in South Indianapolis, Indianapolis, IN have increased by 1.31% over the past year. The average rent moved from $1,472 to $1,491.

Average rent in South Indianapolis, Indianapolis, IN

$1,491/mo South Indianapolis, Indianapolis, IN average rental price, October 2025
Image Average Rent

The average monthly rent for an apartment in South Indianapolis, Indianapolis, IN is around $1,491.

    What's the typical rent budget in South Indianapolis, Indianapolis, IN?

    A share of 62% of apartments in South Indianapolis, Indianapolis, IN have the cheapest rents between $1,001-$1,500. Around 36% of South Indianapolis's apartments have monthly rents between $1,501-$2,000. There are 2% of apartments with rents between $2,001-$2,500.

    The largest share of rentals in South Indianapolis, Indianapolis, IN (62%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in South Indianapolis, IN

    32 /100
    Car-Dependent
    28 /100
    Some Transit
    30 /100
    Somewhat Bikeable
    Walk Score®: 32, Transit Score®: 28, Bike Score®: 30

    Frequently asked questions

    What is the price of a 3 bedroom apartment in South Indianapolis, Indianapolis, IN?

    The price range of a 3 bedroom apartment is between $1,299 and $2,050.

    How many 3 bedroom apartments for rent are available in South Indianapolis, Indianapolis, IN on RentCafe?

    There are 18 3 bedroom rentals available on RentCafe. Prices and availability in South Indianapolis, Indianapolis, IN were last updated on 25 Nov 2025.

    What is the average size of a 3 bedroom apartment in South Indianapolis, Indianapolis, IN?

    The average South Indianapolis, Indianapolis, IN 3 bedroom apartment size is 1,433 sq. ft.

    What are the advantages of renting a 3 bedroom apartment in South Indianapolis, Indianapolis, IN?

    Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

    What are the downsides of renting a 3 bedroom apartment in South Indianapolis, Indianapolis, IN?

    A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.

    South Indianapolis, Indianapolis, IN demographics

    • 144,229Total Population
    • 74,895 Female
      69,334 Male
    • 36Median Age

    In total, South Indianapolis, Indianapolis, IN has 144,229 residents, 74,895 women and 69,334 men, per U.S. Census recent estimates. Statistics show that the median age of South Indianapolis’s population is 36.

    South Indianapolis, Indianapolis, IN households

    • 34,119 Family
      23,084 Non-family
    • 16,619 Children
      40,585 No Children
    • 57,204Total Number of Households
    • 1.99Average People Per Household
    • $56,376Median Household Income

    There is a total of 57,204 households in South Indianapolis, Indianapolis, IN. Of these, 16,619 have children and 40,585 are without children. Per Census Bureau’s most current estimates, 34,119 family households and 23,084 non-family households live in this area. The size of a household in South Indianapolis is 1.99 people, on average. The median household annual income in South Indianapolis equals $56,376, and the monthly housing costs equal $1,028.

    South Indianapolis, Indianapolis, IN education statistics

    According to data from the U.S. Census Bureau, 5% of the population in South Indianapolis, Indianapolis, IN have no high school education, 40% went to high-school, and 21% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 18% hold a Bachelor Degree, and 8% hold a Graduate Degree.