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3 Bedroom Apartments for Rent in McCordsville, IN - 5 Rentals available

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McCordsville, IN Demographics

  • Total Population5,224
  • Female 2,567
    Male 2,657
  • Median Age36.9

Average Rent for 3 Bedroom apartments in McCordsville, IN

  • The average rent for a 3 Bedroom apartment in McCordsville, IN, November 2018$939/mo
  • 1 Bedroom$795
  • 2 Bedrooms$981
  • 3 Bedrooms$1,139

McCordsville, IN 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $939 $1,139
Jan / 2018 $939 $1,139
Sept / 2017 $941 $1,109
May / 2017 $910 $1,130
Jan / 2017 $872 $1,010
Sept / 2016 $909 $1,095
May / 2016 $924 $1,129
Jan / 2016 $924 $1,175
Sept / 2015 $859 $1,105
May / 2015 $875 $1,057

McCordsville, IN Households

  • Total Number of Households1,953
  • Children 765
    No Children 1,188
  • Average People Per Household2.67
  • Median Household Income$83,479
  • Median Housing Costs Per Month$1,361

McCordsville, IN Education Statistics

  • Some High School24%
  • Some College26%
  • Associate Degree5%
  • Bachelor Degree32%
  • Graduate Degree13%

Renting a 3 bedroom apartment in McCordsville, IN

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,848 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In McCordsville, IN, rents on 3 bedroom apartments go up to $1,395. 5 rental properties offer 3 bedroom units in McCordsville, IN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in McCordsville, IN

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $1,195 in McCordsville, IN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Austin Trace or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.