3 Bedroom Apartments for Rent in Madrid, IA (55 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
839-841 Dickinson Ave
3 Bedroom Apartments

839-841 Dickinson Ave

839-841 Dickinson AveAmes, IA 50014
  • Utilities Included
close
View Me
Bramble Oak Apartments
3 Bedroom Apartments

Bramble Oak Apartments

3714 Tripp StAmes, IA 50014
Student Housing
  • Utilities Included
close
View Me
Oakview Apartments
3 Bedroom Apartments

Oakview Apartments

1429 Walton DrAmes, IA 50014
  • Utilities Included
close
View Me
Windsor Pointe
3 Bedroom Apartments

Windsor Pointe

3815 Tripp StAmes, IA 50014
  • Utilities Included

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.

Read Article
Showing Results 1-50, Page 1 of 2

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
Walnut Ridge3505 Lincoln Way ( 3 bdrm )1,475 Sq Ft$1,500
Fountainview3 Bed/2 Bath Apartment1,392 Sq Ft$1,585
Destination 141Townhome- 3 Bedroom 2.5 Bathroom1,322 Sq Ft$1,700
Oakwood3 Bedroom1,300 Sq Ft$1,350
Windsor PointeOak 60%1,273 Sq Ft$1,612
The Social ReserveTaylor - Reserve1,260 Sq Ft$669
The Social West Ames®Reagen - Station0 Sq Ft$609

Cheapest Available Madrid and Nearby 3 Bedroom Apartments

As of June 21, 2026 the lowest priced 3 Bedroom apartment unit in Madrid, IA is the 3 Bedroom 2 Bathroom Model starting from $995 at SUNDANCE BOONE APARTMENTS . The second most affordable Madrid 3 Bedroom is the 3 BR/ 2 BA Model at 1209 Mayfield Dr starting at $1,225 in the Fountainview neighborhood. The average price for all 3 Bedroom apartments in Madrid is currently $1,067. Here is today’s list of the cheapest available 3 Bedroom options in Madrid:

Apartment ListingModel NamePriced From
SUNDANCE BOONE APARTMENTS3 Bedroom 2 Bathroom$995
1209 Mayfield Dr3 BR/ 2 BA$1,225
Total Property Management 3206 Lincoln Way3 bedrooms$1,350
Oakwood3 Bedroom$1,350
Cardinal South Apartments3 Bed$1,400
Walnut Ridge3505 Lincoln Way ( 3 bdrm )$1,500
Fountainview3 Bed/2 Bath Apartment$1,585
Windsor PointeOak 60%$1,612
Destination 141Townhome- 3 Bedroom 2.5 Bathroom$1,700
Prairie Place3 Bedroom Townhouse$1,895

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Madrid, IA

Ranked #39

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Decorative image of map

See the most popular apartments and homes in Madrid, IA

View Map
Madrid, IA Apartments Map
View Map
Madrid, IA Rental Homes Map

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 SUNDANCE BOONE APARTMENTS listed at $995.

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

The average rent for a 3 Bedroom Apartment in Madrid is $1,067.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.