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


The Quarters Ames

South Meadow

The Landing Ames

The Grove

Copper Beech

Crystal Street Apartments

The Reserves at South Lake

Villas at Deerwood
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.

SUNDANCE NEWTON APARTMENTS

THE ARBORS APARTMENTS

Parkside Luxury Apartments

SUNDANCE MARSHALLTOWN APARTMENTS

Kadin Trail

Courtyard Apartments

Hunters Run

2552 Smith Ave

215 Jewel Dr

1301 Crescent 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.

1016 W 5th St S

1418 Summit Ave

1244 S G Ave

712 W 12th St S

124 Buffalo Ave SW

3410 Wolf Creek Rd SW

4335 NE 14th St

717 Elizabeth Ln NW

738 NE Spring St

514 E Olive St
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602 Creekside Ln

Marshalltown Estates

312 Sycamore St

Stella Townhomes

Walnut Pointe

Baxter Park Apartments

Park Place

The Ridge at Canyon Landing Townhomes

Edgeland at Bondurant Townhomes

BrickTowne Ames Townhomes
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.
Melbourne, IA Local Guide

How much does it cost to rent an apartment in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne Studio Apartments | $832 | $691 | $955 |
| Melbourne 1 Bedroom Apartments | $1,035 | $394 | $1,995 |
| Melbourne 2 Bedroom Apartments | $937 | $467 | $2,495 |
| Melbourne 3 Bedroom Apartments | $1,068 | $465 | $2,075 |
| Melbourne 4 Bedroom Apartments | $1,734 | $445 | $2,660 |
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Melbourne, IA Local Guide
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Largest Available Melbourne and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Melbourne, IA is found at The Quarters Ames in the South Ames neighborhood and is 1,500 square feet priced from $625. Brixin Townhomes at Kimberley Crossing in the Creekside neighborhood has the second largest 3 Bedroom, which is sized at 1,498 square feet and currently listed start at $1,700. Here is today’s list of the largest available 3 Bedroom units in Melbourne:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Quarters Ames | C - 3x3 | 1,500 Sq Ft | $625 |
| Brixin Townhomes at Kimberley Crossing | D1 Tatum | 1,498 Sq Ft | $1,700 |
| The Ridge at Canyon Landing Townhomes | Pearson | 1,418 Sq Ft | $1,601 |
| The Grove | 3BR/3BA - Deluxe | 1,390 Sq Ft | $650 |
| The Landing Ames | C1 - 3x3 | 1,342 Sq Ft | $535 |
| THE ARBORS APARTMENTS | 3 Bedroom 2 Bathroom | 1,200 Sq Ft | $949 |
| Crystal Street Apartments | 3BR/2.0BA | 1,180 Sq Ft | $1,075 |
| Parkside Luxury Apartments | C1 Santiago | 1,161 Sq Ft | $1,610 |
| Woodland Heights | 3 Bed 2 Bath | 1,012 Sq Ft | $970 |
| Walnut Pointe | Villa | 1,008 Sq Ft | $1,010 |
Cheapest Available Melbourne and Nearby 3 Bedroom Apartments
As of January 09, 2026 the lowest priced 3 Bedroom apartment unit in Melbourne, IA is the 3B2B Model starting from $536 at The Reserves at South Lake in the East Gate Estates neighborhood. The second most affordable Melbourne 3 Bedroom is the 3BR/3BA Model at Copper Beech starting at $600 in the South Ames neighborhood. The average price for all 3 Bedroom apartments in Melbourne is currently $1,068. Here is today’s list of the cheapest available 3 Bedroom options in Melbourne:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| The Reserves at South Lake | 3B2B | $536 |
| Copper Beech | 3BR/3BA | $600 |
| SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | $945 |
| THE ARBORS APARTMENTS | 3 Bedroom 2 Bathroom | $949 |
| Woodland Heights | 3 Bed 2 Bath | $970 |
| Kadin Trail | Villa | $975 |
| Villas at Deerwood | Villa | $975 |
| Walnut Pointe | Villa | $1,010 |
| Crystal Street Apartments | 3BR/2.0BA | $1,075 |
| Baxter Park Apartments | 3BR - 30% of Gross Income | $1,182 |
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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Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melbourne, IA Rentals by Map
See the most popular apartments and homes in Melbourne, IA
Frequently Asked Questions about 3 Bedroom Melbourne Apartments
How much is the average rent for a 3 Bedroom Melbourne Apartment?
The average rent for a 3 Bedroom Apartment in Melbourne is $1,068.
What is the largest available 3 Bedroom Melbourne Apartment for rent?
Today's apartment with the most square footage in Melbourne is a 1,500 square feet unit starting from $625 at The Quarters Ames.
What is the average size for Melbourne 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Melbourne is currently 0 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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
