3 Bedroom Apartments for Rent in Madrid, IA (40 Rentals)

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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.

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.

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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Oakview Apartments
3 Bedroom Apartments

Oakview Apartments

1429 Walton DrAmes, IA 50014
  • Utilities Included
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Mortensen Heights
3 Bedroom Apartments

Mortensen Heights

5300-5472 Mortensen RdAmes, IA 50014
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 James Point Luxury Townhomes in the Kennybrook neighborhood and is 1,600 square feet priced from $2,095. Village at Rock Creek in the Georgetown neighborhood has the second largest 3 Bedroom, which is sized at 1,431 square feet and currently listed start at $1,795. Here is today’s list of the largest available 3 Bedroom units in Madrid:

Apartment ListingModel NameSquare FootagePriced From
James Point Luxury TownhomesB1,600 Sq Ft$2,095
Village at Rock Creek3BR/2.0BA1,431 Sq Ft$1,795
Destination 141Townhome- 3 Bedroom 2.5 Bathroom1,322 Sq Ft$1,744
The Summit at HeritageC2.21,292 Sq Ft$1,699
Windsor PointeThe Oak 60%1,273 Sq Ft$1,380
Chevalia Ridge Apartments Grimes3 BR 2 BA1,150 Sq Ft$1,500
Point at AmesTelluride A1,130 Sq Ft$660
The Madison3x3 Furnished1,083 Sq Ft$529
839-841 Dickinson Ave3 BR/ 2 BA900 Sq Ft$990
Prairie Place3 Bedroom Townhouse0 Sq Ft$1,950

Cheapest Available Madrid and Nearby 3 Bedroom Apartments

As of June 13, 2025 the lowest priced 3 Bedroom apartment unit in Madrid, IA is the 3 BR/ 2 BA Model starting from $990 at 839-841 Dickinson Ave in the Fountainview neighborhood. The second most affordable Madrid 3 Bedroom is the The Oak 60% Model at Windsor Pointe starting at $1,380 . The average price for all 3 Bedroom apartments in Madrid is currently $1,460. Here is today’s list of the cheapest available 3 Bedroom options in Madrid:

Apartment ListingModel NamePriced From
839-841 Dickinson Ave3 BR/ 2 BA$990
Windsor PointeThe Oak 60%$1,380
Chevalia Ridge Apartments Grimes3 BR 2 BA$1,500
Destination 141Apartment- 3 Bedroom 2 Bathroom$1,639
The Summit at HeritageC2.2$1,699
Village at Rock Creek3BR/2.0BA$1,795
Prairie Place3 Bedroom Townhouse$1,950
James Point Luxury TownhomesB$2,095

Quick Rent Budget Calculator

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

Explore Madrid, IA Rentals by Map

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Getting Around Madrid, IA

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 839-841 Dickinson Ave listed at $990.

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

The average rent for a 3 Bedroom Apartment in Madrid is $1,460.

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 $2,095 at James Point Luxury Townhomes.

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

The average size for a 3 Bedroom rental in Madrid is currently 1,415 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.