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

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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.

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Koehler Springs
3 Bedroom Apartments

Koehler Springs

2012 Payne Koehler RdSellersburg, IN 47172
  • Utilities Included

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.

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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 $1,615. The Slate in the Southern Indiana neighborhood has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,820. 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$1,615
The Slate3 bed, 2 bath1,525 Sq Ft$1,820
Forest Edge ApartmentsThe Sycamore1,525 Sq Ft$1,570
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 BATH NEW CONSTRUCTION1,350 Sq Ft$1,429
Meadows at Green Tree3 Bedroom/2 Bath1,329 Sq Ft$1,218
Courtyard Apartments3.11,260 Sq Ft$1,116
The LaurelD2- Willow1,240 Sq Ft$1,790
Nicholas LandingThree Bedroom0 Sq Ft$1,496

Cheapest Available Memphis and Nearby 3 Bedroom Apartments

As of November 01, 2025 the lowest priced 3 Bedroom apartment unit in Memphis, IN is the 3.1 Model starting from $1,116 at Courtyard Apartments in the Southern Indiana neighborhood. The second most affordable Memphis 3 Bedroom is the 3 Bedroom/2 Bath Model at Meadows at Green Tree starting at $1,218 . The average price for all 3 Bedroom apartments in Memphis is currently $1,622. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
Courtyard Apartments3.1$1,116
Meadows at Green Tree3 Bedroom/2 Bath$1,218
Lakeview Apartments3 BEDROOM 2 BATHROOM$1,369
Charlestown FlatsThree Bedroom Flat$1,384
Parkside Trace Apartments3 BEDROOM 2 BATHROOM$1,429
Nicholas LandingThree Bedroom$1,496
Armstrong Farm3 Bed | 2 Bath$1,561
Forest Edge ApartmentsThe Sycamore$1,570
Lakeside Gardens3 bed, 2 bath$1,613
The LaurelD2- Willow$1,790

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Memphis, IN Rentals by Map

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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 $1,622.

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 $1,615 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 1,323 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 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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.