
3 Bedroom Apartments for Rent in Madrid, IA (56 Rentals)


106 E Ninth St

The Social West Ames®

The Social Reserve

Point at Ames

The Madison Apartments

Savannah at Ankeny

Hickory Ridge Apartments

Destination 141

Gateway Hills
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Oakwood

Cardinal South Apartments

Fountainview

Fountain View Apartments

Delaware Townhomes

802 Dickinson Ave

Total Monthly Price
Diamond Ridge Estates

Total Monthly Price
Villas at Deerwood

Total Monthly Price
Linden Station Apartments

The Summit at Heritage Apartments
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.

Total Property Management 3206 Lincoln Way

Walnut Ridge

West Ridge Apartments

Prairie Place

SUNDANCE BOONE APARTMENTS

4549 Steinbeck St

101 NW 8th St

4126 Harris St

1218 S Linn St

532 Hayward Ave
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.

1208 S Linn St

1404 NE Primrose Ln

1118 Ida Pl

1119 Ida Pl

1105 Ida Pl

3220 NW Greenwood St

1409 NE Primrose Ln

32357 Homestead Cir

802 NE 14th St

4319 NW 13th St
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.

2020 NW Sharmin Dr

3304 University Blvd

3220 University Blvd

3224 University Blvd

1209 Mayfield Dr

839-841 Dickinson Ave

Bramble Oak Apartments

West Field Apartments

Oakview Apartments

The Heights at Lincoln Swing
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.
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 | $882 | $675 | $1,511 |
| Madrid 1 Bedroom Apartments | $1,152 | $695 | $2,000 |
| Madrid 2 Bedroom Apartments | $1,270 | $599 | $2,584 |
| Madrid 3 Bedroom Apartments | $1,405 | $479 | $2,370 |
| Madrid 4 Bedroom Apartments | $955 | $439 | $2,300 |
Browse Top Apartments in Madrid
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Madrid, IA Local Guide
- Madrid Neighborhoods
- Nearby Cities
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- 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 Prairie Place and is 1,715 square feet priced from $1,895. James Point Luxury Townhomes in the Green Meadows North neighborhood has the second largest 3 Bedroom, which is sized at 1,600 square feet and currently listed start at $1,995. Here is today’s list of the largest available 3 Bedroom units in Madrid:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Prairie Place | 3 Bedroom Townhouse | 1,715 Sq Ft | $1,895 |
| James Point Luxury Townhomes | A | 1,600 Sq Ft | $1,995 |
| Diamond Ridge Estates | Townhome B | 1,570 Sq Ft | $2,120 |
| Walnut Ridge | 3505 Lincoln Way ( 3 bdrm ) | 1,475 Sq Ft | $1,500 |
| 802 Dickinson Ave | 3 Beds / 2 Baths | 1,300 Sq Ft | $1,260 |
| Oakwood | 1,300 Sq Ft | $1,350 | |
| Windsor Pointe | Oak 60% | 1,273 Sq Ft | $1,612 |
| Cardinal South Apartments | 3 Bed | 1,200 Sq Ft | $1,400 |
| West Ridge Apartments | Three Bedroom | 1,160 Sq Ft | $1,250 |
| Fountain View Apartments | 3 Bedroom | 1,112 Sq Ft | $1,275 |
Cheapest Available Madrid and Nearby 3 Bedroom Apartments
As of August 05, 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 Villa Model at Anna's Grove by Kading starting at $1,145 . The average price for all 3 Bedroom apartments in Madrid is currently $1,405. Here is today’s list of the cheapest available 3 Bedroom options in Madrid:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| SUNDANCE BOONE APARTMENTS | 3 Bedroom 2 Bathroom | $995 |
| Anna's Grove by Kading | Villa | $1,145 |
| West Ridge Apartments | Three Bedroom | $1,250 |
| 802 Dickinson Ave | 3 Beds / 2 Baths | $1,260 |
| Fountain View Apartments | 3 Bedroom | $1,275 |
| Cardinal South Apartments | 3 Bed | $1,400 |
| Walnut Ridge | 3505 Lincoln Way ( 3 bdrm ) | $1,500 |
| Prairie Place | 3 Bedroom Townhouse | $1,895 |
| Diamond Ridge Estates | Townhome B | $2,120 |
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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Pet Friendly LifestyleMadrid, IA
Ranked #116
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
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 $1,405.
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 1,684 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

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.