3 Bedroom Apartments for Rent in Madrid, IA (54 Rentals)

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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oakwood
3 Bedroom Apartments

Oakwood

2101 Oakwood RdAmes, IA 50014
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839-841 Dickinson Ave
3 Bedroom Apartments

839-841 Dickinson Ave

839-841 Dickinson AveAmes, IA 50014
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Bramble Oak Apartments
3 Bedroom Apartments

Bramble Oak Apartments

3714 Tripp StAmes, IA 50014
Student Housing
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Windsor Pointe
3 Bedroom Apartments

Windsor Pointe

3815 Tripp StAmes, IA 50014
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Oakview Apartments
3 Bedroom Apartments

Oakview Apartments

1429 Walton DrAmes, IA 50014
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Madrid, IA Local Guide

Largest Available Madrid and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Madrid, IA is found at Prairie Place and is 1,715 square feet priced from $1,895. James Point Luxury Townhomes in the Kennybrook neighborhood has the second largest 3 Bedroom, which is sized at 1,575 square feet and currently listed start at $1,975. Here is today’s list of the largest available 3 Bedroom units in Madrid:

Apartment ListingModel NameSquare FootagePriced From
Prairie Place3 Bedroom Townhouse1,715 Sq Ft$1,895
James Point Luxury TownhomesA1,575 Sq Ft$1,975
Diamond Ridge EstatesTownhome B1,570 Sq Ft$2,020
Fountainview3 Bed/2 Bath Apartment1,392 Sq Ft$1,585
Destination 141Townhome- 3 Bedroom 2.5 Bathroom1,322 Sq Ft$1,700
Cardinal South Apartments3 Bed1,200 Sq Ft$1,400
1209 Mayfield Dr3 BR/ 2 BA1,175 Sq Ft$1,225
Point at AmesTelluride A1,130 Sq Ft$800
The Madison3x3 Furnished1,083 Sq Ft$535
The Social West Ames®Reagen - Station0 Sq Ft$599

Cheapest Available Madrid and Nearby 3 Bedroom Apartments

As of May 07, 2026 the lowest priced 3 Bedroom apartment unit in Madrid, IA is the 3 Bedroom, Single-story Townhomes for rent in M... Model starting from $975 at Anna's Grove by Kading . The second most affordable Madrid 3 Bedroom is the 3 Bedroom 2 Bathroom Model at SUNDANCE BOONE APARTMENTS starting at $995 . The average price for all 3 Bedroom apartments in Madrid is currently $1,062. Here is today’s list of the cheapest available 3 Bedroom options in Madrid:

Apartment ListingModel NamePriced From
Anna's Grove by Kading3 Bedroom, Single-story Townhomes for rent in M...$975
SUNDANCE BOONE APARTMENTS3 Bedroom 2 Bathroom$995
1209 Mayfield Dr3 BR/ 2 BA$1,225
Total Property Management 3206 Lincoln Way3 bedrooms$1,350
Windsor PointeOak 60%$1,350
Cardinal South Apartments3 Bed$1,400
Fountainview3 Bed/2 Bath Apartment$1,585
Destination 141Apartment- 3 Bedroom 2 Bathroom$1,595
Prairie Place3 Bedroom Townhouse$1,895
James Point Luxury TownhomesA$1,975

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Madrid, IA

Ranked #70

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Madrid, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madrid, IA Rentals by Map

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Frequently Asked Questions about 3 Bedroom Madrid Apartments

What is the Cheapest apartment in Madrid with 3 Bedroom?

Currently the most affordable 3 Bedroom in Madrid is at Anna's Grove by Kading listed at $975.

How much is the average rent for a 3 Bedroom Madrid Apartment?

The average rent for a 3 Bedroom Apartment in Madrid is $1,062.

What is the largest available 3 Bedroom Madrid Apartment for rent?

Today's apartment with the most square footage in Madrid is a 1,715 square feet unit starting from $1,895 at Prairie Place.

What is the average size for Madrid 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Madrid is currently 1,100 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.