
3 Bedroom Apartments for Rent in Melbourne, KY (28 Rentals)


Brookstone Crossing Apartments

Skytop Apartments

Elevation

Carriage Station Homes

Stonegate Apartments

Blue Valley Flats
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Immaculate Townhomes

Glen Hollow

Norse Landing

Mears Place Apartments

Sutton Place Apartments and Townhomes

Beechmont Towers Apartments

508 E 21st St
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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.

301 E 21st St

4645 Clayton Dr

717 S Grand Ave

1184 Holz Ave

9166 Porter Rd

506 E 21st St

1739 Grandle Ct
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3428 Walworth Ave

3618 Legend Oaks Dr

10 Timberview Ct

920 Woodlyn Dr N

Salvador Point

1824 Mears Ave

6115-6126 Plymouth Avenue
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Melbourne, KY Local Guide

How much does it cost to rent an apartment in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne Studio Apartments | $1,092 | $655 | $1,490 |
| Melbourne 1 Bedroom Apartments | $1,315 | $725 | $2,200 |
| Melbourne 2 Bedroom Apartments | $1,677 | $899 | $3,075 |
Melbourne 3 Bedroom Apartments | $1,774 | $1,349 | $2,195 |
| Melbourne 4 Bedroom Apartments | $1,845 | $1,845 | $1,845 |
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Melbourne, KY Local Guide
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Largest Available Melbourne and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Melbourne, KY is found at Stonegate Apartments in the Forestville neighborhood and is 1,875 square feet priced from $1,950. Immaculate Townhomes has the second largest 3 Bedroom, which is sized at 1,400 square feet and currently listed start at $1,730. Here is today’s list of the largest available 3 Bedroom units in Melbourne:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Stonegate Apartments | Glenridge | 1,875 Sq Ft | $1,950 |
| Immaculate Townhomes | 3 Bedroom 1 Bathroom | 1,400 Sq Ft | $1,730 |
| Elevation | D1- Daylily | 1,305 Sq Ft | $1,829 |
| Carriage Station Homes | 3 Beds, 1.5 baths | 1,300 Sq Ft | $1,525 |
| Arbors of Anderson | Elm | 1,264 Sq Ft | $1,695 |
| Sutton Place Apartments and Townhomes | 3 Bed Flat | 1,200 Sq Ft | $1,355 |
| Beechmont Towers Apartments | 3 Bedroom | 1,100 Sq Ft | $1,550 |
Cheapest Available Melbourne and Nearby 3 Bedroom Apartments
As of February 04, 2026 the lowest priced 3 Bedroom apartment unit in Melbourne, KY is the 3 Bed Flat Model starting from $1,355 at Sutton Place Apartments and Townhomes in the California neighborhood. The second most affordable Melbourne 3 Bedroom is the 3 Beds, 1.5 baths Model at Carriage Station Homes starting at $1,525 in the Liberty Crossing neighborhood. The average price for all 3 Bedroom apartments in Melbourne is currently $1,774. Here is today’s list of the cheapest available 3 Bedroom options in Melbourne:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Sutton Place Apartments and Townhomes | 3 Bed Flat | $1,355 |
| Carriage Station Homes | 3 Beds, 1.5 baths | $1,525 |
| Beechmont Towers Apartments | 3 Bedroom | $1,550 |
| Elevation | D- Dahlia | $1,679 |
| Arbors of Anderson | Elm | $1,695 |
| Immaculate Townhomes | 3 Bedroom 1 Bathroom | $1,730 |
| Stonegate Apartments | Hickory | $1,775 |
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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!
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See the most popular apartments and homes in Melbourne, KY
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 $1,774.
What is the largest available 3 Bedroom Melbourne Apartment for rent?
Today's apartment with the most square footage in Melbourne is a 1,875 square feet unit starting from $1,950 at Stonegate Apartments.
What is the average size for Melbourne 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Melbourne is currently 1,303 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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.