3 Bedroom Apartments for Rent in Memphis, IN (38 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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Foxtail Pointe
3 Bedroom Apartments

Foxtail Pointe

8614 Highway 60Sellersburg, IN 47172

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
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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 Heritage Square in the Southern Indiana neighborhood and is 1,765 square feet priced from $1,950. 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 $1,570. Here is today’s list of the largest available 3 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
Heritage SquareThree Bedroom Townhome1,765 Sq Ft$1,950
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
Lakeside Gardens3 bed, 2 bath1,525 Sq Ft$1,599
The Slate3 bed, 2 bath1,525 Sq Ft$1,820
Parkside Trace Apartments3 BEDROOM 2 BATH NEW CONSTRUCTION1,350 Sq Ft$1,429
Courtyard Apartments3.11,260 Sq Ft$1,207
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 December 23, 2025 the lowest priced 3 Bedroom apartment unit in Memphis, IN is the 3.1 Model starting from $1,207 at Courtyard Apartments in the Southern Indiana neighborhood. The second most affordable Memphis 3 Bedroom is the The Regency Model at Colonial Village Apartments starting at $1,314 . 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$1,207
Colonial Village ApartmentsThe Regency$1,314
Charlestown FlatsThree Bedroom Flat$1,384
Parkside Trace Apartments3 BEDROOM 2 BATHROOM$1,429
Armstrong Farm3 Bed | 2 Bath$1,496
Nicholas LandingThree Bedroom$1,496
Forest Edge ApartmentsThe Sycamore$1,570
Lakeside Gardens3 bed, 2 bath$1,599
The LaurelD2- Willow$1,790
The Slate3 bed, 2 bath$1,820

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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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 1,765 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.

Articles, How-To's, and Tips

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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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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.

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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!