3 Bedroom Apartments for Rent in Madrid, IA (65 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.

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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.

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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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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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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.

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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 Diamond Ridge Estates in the Kennybrook neighborhood and is 1,570 square feet priced from $2,020. Walnut Ridge in the Eagle Ridge neighborhood has the second largest 3 Bedroom, which is sized at 1,475 square feet and currently listed start at $1,845. Here is today’s list of the largest available 3 Bedroom units in Madrid:

Apartment ListingModel NameSquare FootagePriced From
Diamond Ridge EstatesLuxury Townhome: A1,570 Sq Ft$2,020
Walnut Ridge3515 Lincoln Way ( 3 bdrm )1,475 Sq Ft$1,845
Fountainview3 Bed/2 Bath Apartment1,392 Sq Ft$1,585
Destination 141Townhome- 3 Bedroom 2.5 Bathroom1,322 Sq Ft$1,700
Oakwood3 Bed 2 Bath1,300 Sq FtCall for Rates
The Summit at Heritage ApartmentsC11,292 Sq Ft$1,499
Cardinal South Apartments3 Bed1,200 Sq Ft$1,400
Chevalia Ridge Apartments Grimes3 BR 2 BA1,150 Sq Ft$1,500

Cheapest Available Madrid and Nearby 3 Bedroom Apartments

As of December 05, 2025 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 Villa Model at Anna's Grove by Kading starting at $1,099 . The average price for all 3 Bedroom apartments in Madrid is currently $1,379. 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
Anna's Grove by KadingVilla$1,099
Villas at DeerwoodVilla$1,210
Hickory Ridge Apartments3 bed, 2 bath$1,300
Total Property Management 3206 Lincoln Way3 bedrooms$1,350
Cardinal South Apartments3 Bed$1,400
Destination 141Apartment- 3 Bedroom 2 Bathroom$1,450
The Summit at Heritage ApartmentsC1$1,499
Chevalia Ridge Apartments Grimes3 BR 2 BA$1,500
Fountainview3 Bed/2 Bath Apartment$1,585

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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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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Madrid, IA

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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

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 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 $1,379.

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

Today's apartment with the most square footage in Madrid is a 1,570 square feet unit starting from $2,020 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 1,723 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.