3 Bedroom Apartments for Rent in Memphis, IN (37 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.

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.

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.

property at 1603 E Oak St

1603 E Oak St

New AlbanyIN47150

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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Foxtail Pointe
3 Bedroom Apartments

Foxtail Pointe

8614 Highway 60Sellersburg, IN 47172

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 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 ListingModel NameSquare FootagePriced From
Forest Edge ApartmentsThe Sycamore1,525 Sq Ft$1,795
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$1,529
Koehler SpringsKoehler Springs II1,344 Sq Ft$1,400
Williams Crossing TownhomesWITH Storage1,344 Sq Ft$1,400
The Flats of River RidgeD2 - Louisville1,240 Sq Ft$1,820
The LaurelD2- Willow1,240 Sq FtCall for Rates
Nicholas LandingThree Bedroom0 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 ListingModel NamePriced From
Koehler SpringsKoehler Springs - Original$1,200
Williams Crossing TownhomesWITH Storage$1,400
Nicholas LandingThree Bedroom$1,411
Parkside Trace Apartments3 BEDROOM 2 BATH NEW CONSTRUCTION$1,529
Forest Edge ApartmentsThe Sycamore$1,795
The Flats of River RidgeD2 - Louisville$1,820
Arbour Place Apartments3 Bed, 2 Bath$1,850
The Warren Apartments3 Bed, 2 Bath$1,850

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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

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.

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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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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.

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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.

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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.