
3 Bedroom Apartments for Rent in Memphis, IN (37 Rentals)


The Flats of River Ridge

The Warren Apartments

Courtyard Apartments

Arbour Place Apartments

Heritage Square

The Laurel

The Slate
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.

Armstrong Farm

Forest Edge Apartments

Parkside Trace Apartments

Lakeside Gardens

Meadows at Green Tree

Nicholas Landing

Colonial Village Apartments

Williams Crossing Townhomes

Koehler Springs
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.

7307 Meyer Loop

12015 Timberfield Ct

8024 Lucas Ln

1824 E Spring St

1747 E Oak St

4932 Grant Line Rd
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.

4930 Grant Line Rd

4934 Grant Line Rd

2067 Aster Dr

1603 E Oak St

516 Popp Ave

207 Greenlawn Dr

2053 N Sarah Dr

3416 Alvin Dr

7307 Meyer Loop

8024 Lucas Ln

421 Main Cross St
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.

7003 Green Spring Dr
Memphis, IN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,113 | $1,001 | $1,181 |
Memphis 1 Bedroom Apartments | $1,278 | $200 | $2,375 |
Memphis 2 Bedroom Apartments | $1,493 | $845 | $4,623 |
Memphis 3 Bedroom Apartments | $1,833 | $1,200 | $5,454 |
Browse Top Apartments in Memphis
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Memphis, IN Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Largest Available Memphis and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Memphis, IN is found at Forest Edge Apartments in the Outer Southern Indiana Clark County neighborhood and is 1,525 square feet priced from $1,795. Arbour Place Apartments in the Oak Park neighborhood has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,850. Here is today’s list of the largest available 3 Bedroom units in Memphis:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Forest Edge Apartments | The Sycamore | 1,525 Sq Ft | $1,795 |
Arbour Place Apartments | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,850 |
The Warren Apartments | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,850 |
Parkside Trace Apartments | 3 BEDROOM 2 BATH NEW CONSTRUCTION | 1,350 Sq Ft | $1,529 |
Koehler Springs | Koehler Springs II | 1,344 Sq Ft | $1,400 |
Williams Crossing Townhomes | WITH Storage | 1,344 Sq Ft | $1,400 |
The Flats of River Ridge | D2 - Louisville | 1,240 Sq Ft | $1,820 |
The Laurel | D2- Willow | 1,240 Sq Ft | Call for Rates |
Nicholas Landing | Three Bedroom | 0 Sq Ft | $1,411 |
Cheapest Available Memphis and Nearby 3 Bedroom Apartments
As of June 21, 2025 the lowest priced 3 Bedroom apartment unit in Memphis, IN is the Koehler Springs - Original Model starting from $1,200 at Koehler Springs in the Southern Indiana neighborhood. The second most affordable Memphis 3 Bedroom is the WITH Storage Model at Williams Crossing Townhomes starting at $1,400 in the Crystal Springs neighborhood. The average price for all 3 Bedroom apartments in Memphis is currently $1,833. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:
Apartment Listing | Model Name | Priced From |
---|---|---|
Koehler Springs | Koehler Springs - Original | $1,200 |
Williams Crossing Townhomes | WITH Storage | $1,400 |
Nicholas Landing | Three Bedroom | $1,411 |
Parkside Trace Apartments | 3 BEDROOM 2 BATH NEW CONSTRUCTION | $1,529 |
Forest Edge Apartments | The Sycamore | $1,795 |
The Flats of River Ridge | D2 - Louisville | $1,820 |
Arbour Place Apartments | 3 Bed, 2 Bath | $1,850 |
The Warren Apartments | 3 Bed, 2 Bath | $1,850 |
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Getting Around Memphis, IN
Walk Score®
10 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 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 Memphis Apartments
How much is the average rent for a 3 Bedroom Memphis Apartment?
The average rent for a 3 Bedroom Apartment in Memphis is $1,833.
What is the largest available 3 Bedroom Memphis Apartment for rent?
Today's apartment with the most square footage in Memphis is a 1,525 square feet unit starting from $1,795 at Forest Edge Apartments.
What is the average size for Memphis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Memphis is currently 1,100 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.

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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.

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.

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.