3 Bedroom Apartments for Rent in Memphis, IN (46 Rentals)

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Memphis, IN Local Guide

Largest Available Memphis and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Memphis, IN is found at Lakeside Gardens in the Oak Park neighborhood and is 1,525 square feet priced from $1,668. Forest Edge Apartments in the Outer Southern Indiana Clark County neighborhood has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,675. Here is today’s list of the largest available 3 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
Lakeside Gardens3 bed, 2 bath1,525 Sq Ft$1,668
Forest Edge ApartmentsThe Sycamore1,525 Sq Ft$1,675
Arbour Place Apartments3 Bed, 2 Bath1,525 Sq Ft$1,850
The Warren Apartments3 Bed, 2 Bath1,525 Sq Ft$1,850
Parkside Trace Apartments3 BEDROOM 2 BATHROOM1,350 Sq Ft$1,429
Koehler SpringsKoehler Springs II1,344 Sq Ft$1,400
Williams Crossing TownhomesWITH Storage1,344 Sq Ft$1,400
Courtyard Apartments3.11,260 Sq Ft$1,307
The LaurelD2- Willow1,240 Sq Ft$1,790
Nicholas LandingThree Bedroom0 Sq Ft$1,411

Cheapest Available Memphis and Nearby 3 Bedroom Apartments

As of July 30, 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 3.1 Model at Courtyard Apartments starting at $1,307 . The average price for all 3 Bedroom apartments in Memphis is currently $1,921. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
Koehler SpringsKoehler Springs - Original$1,200
Courtyard Apartments3.1$1,307
Williams Crossing TownhomesWITH Storage$1,400
Nicholas LandingThree Bedroom$1,411
Parkside Trace Apartments3 BEDROOM 2 BATHROOM$1,429
Lakeside Gardens3 bed, 2 bath$1,668
Forest Edge ApartmentsThe Sycamore$1,675
The LaurelD2- Willow$1,790
The Flats of River RidgeD2 - Louisville$1,820
The Warren Apartments3 Bed, 2 Bath$1,850

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Location, Location, Location!

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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 $1,921.

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 $1,668 at Lakeside Gardens.

What is the average size for Memphis 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Memphis is currently 1,535 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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The Art of the Rental Viewing: What to look for during a property tour

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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.