
3 Bedroom Apartments for Rent in Memphis, IN (39 Rentals)


The Laurel

The Bend

Courtyard Apartments

Heritage Square

The Warren Apartments

Lakeview

Arbour Place Apartments

The Slate
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Armstrong Farm

The Flats of River Ridge

Forest Edge Apartments

Parkside Trace Apartments

Lakeside Gardens

Colonial Village Apartments

Meadows at Green Tree

Nicholas Landing

Charlestown Flats
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212 Virginia Ct

2909 Montgomery St

1811 Edgewood Dr

652 N 29th St

1229 Cedarview Dr

1104 Lighthouse Dr

405 Parker Pl

2610 Downey Dr

1002 Irving Dr
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4609 Brush College Rd

305 Dalton Ct

2067 Paddle Wheel Ct

3134 Red Barn Loop

2022 Greentree N

2034 Harmony Ln

2311 Fallsview Rd

2035 Prestwick Pl

6409 Passionflower Dr
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Koehler Springs

Foxtail Pointe

Williams Crossing Townhomes
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 | $1,158 | $1,026 | $1,266 |
| Memphis 1 Bedroom Apartments | $1,222 | $200 | $1,585 |
| Memphis 2 Bedroom Apartments | $1,340 | $813 | $2,296 |
Memphis 3 Bedroom Apartments | $1,730 | $1,116 | $2,010 |
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Memphis, IN Local Guide
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Largest Available Memphis and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Memphis, IN is found at Heritage Square in the Southern Indiana neighborhood and is 1,765 square feet priced from $1,950. Lakeside Gardens in the Jeffersonville neighborhood has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,680. Here is today’s list of the largest available 3 Bedroom units in Memphis:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Heritage Square | Three Bedroom Townhome | 1,765 Sq Ft | $1,950 |
| Lakeside Gardens | 3 bed, 2 bath | 1,525 Sq Ft | $1,680 |
| The Slate | 3 bed, 2 bath | 1,525 Sq Ft | $1,820 |
| 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 | $1,429 |
| Meadows at Green Tree | The Riverbend | 1,329 Sq Ft | $1,338 |
| Courtyard Apartments | 3.2 | 1,260 Sq Ft | $1,116 |
| Lakeview | 3 Bedroom 2 Bath | 1,201 Sq Ft | $1,369 |
| Nicholas Landing | Three Bedroom | 1,177 Sq Ft | $1,436 |
Cheapest Available Memphis and Nearby 3 Bedroom Apartments
As of July 04, 2026 the lowest priced 3 Bedroom apartment unit in Memphis, IN is the 3 Bdrm Model starting from $573 at Foxtail Pointe in the Southern Indiana neighborhood. The second most affordable Memphis 3 Bedroom is the 3.2 Model at Courtyard Apartments starting at $1,116 in the Clarksville neighborhood. The average price for all 3 Bedroom apartments in Memphis is currently $1,730. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Foxtail Pointe | 3 Bdrm | $573 |
| Courtyard Apartments | 3.2 | $1,116 |
| Meadows at Green Tree | The Riverbend | $1,338 |
| Lakeview | 3 Bedroom 2 Bath | $1,369 |
| Charlestown Flats | Three Bedroom Flat | $1,384 |
| Parkside Trace Apartments | 3 BEDROOM 2 BATHROOM | $1,429 |
| Nicholas Landing | Three Bedroom | $1,436 |
| Lakeside Gardens | 3 bed, 2 bath | $1,680 |
| The Slate | 3 bed, 2 bath | $1,820 |
| The Warren Apartments | 3 Bed, 2 Bath | $1,850 |
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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 Memphis, IN Rentals by Map
See the most popular apartments and homes in Memphis, IN
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 $1,730.
What is the largest available 3 Bedroom Memphis Apartment for rent?
Today's apartment with the most square footage in Memphis is a 1,765 square feet unit starting from $1,950 at Heritage Square.
What is the average size for Memphis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Memphis is currently 1,635 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.
Helpful Local Expert Guides

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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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
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Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.