3 Bedroom Apartments for Rent in Madrid, IA (58 Rentals)

626 Brodie Ln

628 Maverick Ln

621 Maverick Ln

Destination 141

Gateway

Savannah at Ankeny
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.

Hickory Ridge Apartments

James Point Luxury Townhomes

The Summit at Heritage Apartments

Village at Rock Creek

Total Property Management 3206 Lincoln Way
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

West Ridge Apartments

SUNDANCE BOONE APARTMENTS

508 Hayward Ave

4549 Steinbeck St

4334 Maricopa Dr

919 Delaware Ave

535 Linden Ln

605 4th Ave

110 E 4th St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1105 NW 33rd Ln

2914 NW 40th St

1421 NE Little Beaver Dr

1103 Ida Pl

1102 Ida Pl

1104 Ida Pl

3015 NW Greenwood St
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.

1106 Ida Pl

1409 NE Polk Dr

5402 Tabor Dr

2018 Greenbriar Cir

1513 Mocking Bird Ln

308 NW 10th Cir

2209 NW Sharmin Dr

2201 NW Sharmin Dr

1108 NE 21st St

1002 NE 16th St

211 NE 62nd St
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.
Madrid, IA Local Guide

How much does it cost to rent an apartment in Madrid?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madrid Studio Apartments | $838 | $670 | $1,199 |
Madrid 1 Bedroom Apartments | $1,145 | $675 | $1,810 |
Madrid 2 Bedroom Apartments | $1,220 | $609 | $2,035 |
Madrid 3 Bedroom Apartments | $1,409 | $519 | $2,410 |
Madrid 4 Bedroom Apartments | $718 | $409 | $2,280 |
Browse Top Apartments in Madrid
See all Apartments in MadridExplore Madrid
Madrid, IA Local Guide
- Madrid Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Madrid and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Madrid, IA is found at Diamond Ridge Estates in the Kennybrook neighborhood and is 1,600 square feet priced from $1,950. James Point Luxury Townhomes has the second largest 3 Bedroom, which is sized at 1,575 square feet and currently listed start at $1,895. Here is today’s list of the largest available 3 Bedroom units in Madrid:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Diamond Ridge Estates | Townhomes | 1,600 Sq Ft | $1,950 |
James Point Luxury Townhomes | A | 1,575 Sq Ft | $1,895 |
Delaware Townhomes | 802 | 1,520 Sq Ft | $2,370 |
Village at Rock Creek | 3BR/2.0BA | 1,431 Sq Ft | $1,795 |
Oakwood | 3 Bed 2 Bath | 1,300 Sq Ft | Call for Rates |
802 Dickinson Ave | 3 Beds / 2 Baths | 1,300 Sq Ft | $1,200 |
The Summit at Heritage Apartments | C1 | 1,292 Sq Ft | $1,539 |
Destination 141 | Apartment- 3 Bedroom 2 Bathroom | 1,280 Sq Ft | $1,659 |
Windsor Pointe | The Oak 60% | 1,273 Sq Ft | $1,350 |
The Social West Ames® | Reagen - Station | 0 Sq Ft | $589 |
Cheapest Available Madrid and Nearby 3 Bedroom Apartments
As of September 12, 2025 the lowest priced 3 Bedroom apartment unit in Madrid, IA is the Villa Model starting from $1,099 at Anna's Grove by Kading . The second most affordable Madrid 3 Bedroom is the 3 Beds / 2 Baths Model at 802 Dickinson Ave starting at $1,200 in the Fountainview neighborhood. The average price for all 3 Bedroom apartments in Madrid is currently $1,409. Here is today’s list of the cheapest available 3 Bedroom options in Madrid:
Apartment Listing | Model Name | Priced From |
---|---|---|
Anna's Grove by Kading | Villa | $1,099 |
802 Dickinson Ave | 3 Beds / 2 Baths | $1,200 |
Hickory Ridge Apartments | 3 bed, 2 bath | $1,300 |
Windsor Pointe | The Oak 60% | $1,350 |
The Summit at Heritage Apartments | C1 | $1,539 |
Destination 141 | Apartment- 3 Bedroom 2 Bathroom | $1,659 |
Village at Rock Creek | 3BR/2.0BA | $1,795 |
James Point Luxury Townhomes | A | $1,895 |
Diamond Ridge Estates | Townhomes | $1,950 |
Delaware Townhomes | 804 | $2,370 |
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.
Best Local Schools in Madrid, IA
Madrid Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madrid, IA Rentals by Map
See the most popular apartments and homes in Madrid, IA
Getting Around Madrid, IA
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,099.
How much is the average rent for a 3 Bedroom Madrid Apartment?
The average rent for a 3 Bedroom Apartment in Madrid is $1,409.
What is the largest available 3 Bedroom Madrid Apartment for rent?
Today's apartment with the most square footage in Madrid is a 1,600 square feet unit starting from $1,950 at Diamond Ridge Estates.
What is the average size for Madrid 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Madrid is currently 1,300 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.