3 Bedroom Apartments for Rent in Memphis, TN (857 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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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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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, TN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Memphis 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: June 19, 2025

There are currently 2632 available 3 Bedroom apartment units from neighborhoods all over Memphis, TN that range in price from $699 to $7,548. Southeast Memphis, Northeast Memphis and Oakhaven are the neighborhoods that currently have the most 3 Bedroom availability. Here is today's list of the top neighborhoods in Memphis with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Southeast Memphis240$1,450$699
Northeast Memphis218$1,845$980
Oakhaven101$1,186$815
Cordova-Appling94$1,899$1,155
Germantown91$1,857$1,350
Walnut Grove91$1,695$815
Southern Shelby County85$1,699$849
Hickory Ridge-South Riverdale82$1,492$986
Fox Meadows71$1,150$815
Rockcreek Colonial68$1,826$1,155

Largest Available Memphis 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Memphis, TN is found at The Chisca in the Downtown Memphis neighborhood and is 2,031 square feet priced from $2,893. North Creek has the second largest 3 Bedroom, which is sized at 2,002 square feet and currently listed start at $1,891. Here is today’s list of the largest available 3 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
The ChiscaC12,031 Sq Ft$2,893
North Creek3BR 2BA (2002 SF)2,002 Sq Ft$1,891
The Garden District ApartmentsC1 With Den1,800 Sq FtCall for Rates
MAA Park EstateThe Marquette1,750 Sq Ft$2,128
The Water Tower District at Schilling FarmsC2A1,681 Sq Ft$3,460
Legacy on Lynnfield3x2.5 Large1,675 Sq Ft$1,675
Ridgewyck Townhomes3 Bedroom Townhome1,661 Sq Ft$1,325
Arbors River Oaks ApartmentsElm1,648 Sq Ft$2,175
The Residences at Lakeview3 Bedroom 2.5 Bathroom1,628 Sq Ft$865
Shadowbrook Townhomes3 Bedroom w/ Den1,625 Sq Ft$995

Cheapest Available Memphis 3 Bedroom Apartments

As of June 19, 2025 the lowest priced 3 Bedroom apartment unit in Memphis, TN is the 3 Bedroom, 2 Bathroom Model starting from $827 at New Horizon - Kingsgate in the South Memphis neighborhood. The second most affordable Memphis 3 Bedroom is the 3 BR/ 1.5 BA Model at Huntington Hills starting at $829 in the Raleigh neighborhood. The average price for all 3 Bedroom apartments in Memphis is currently $1,811. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
New Horizon - Kingsgate3 Bedroom, 2 Bathroom$827
Huntington Hills3 BR/ 1.5 BA$829
The Residences at Lakeview3 Bedroom 2.5 Bathroom$865
Renaissance at Steele3 bedroom$880
Emerald Ridge3 bedroom 2.5 bathroom$899
Hickory Hills3 Bedroom$925
Luxe at Raleigh3 Bedroom, 2 Bathroom$940
Springdale Creek Apartments3 Bedroom Flat$940
Colonial Village Apartments3 Bedroom$950
Lakes at Epping Way3 Bed / 2 Bath - Renovated Family Option$975

Quick Rent Budget Calculator

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.

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Memphis Overview

Memphis, Tennessee is a place where you can feel lost in time, surrounded by rich history and the roots of some of today’s most popular music. Southern hospitality and tradition combine with modern comfort and a sense of belonging in Tennessee’s largest city, which still manages to retain the quiet charms of simple living. From the vibrant neighborhoods of Downtown Memphis to the majestic Mississippi River, there is no shortage of variety to be found by people staying in apartments in Memphis. Also, you can’t visit this sunny getaway without trying some legendary Memphis barbecue.

Why live in Memphis, TN?

The endless possibilities in Memphis make it a city that is difficult to define. There are museums and historical sites that will satisfy anyone seeking to learn about the rich history of the south and the civil rights movement. The plentiful parks and trails can keep active nature lovers happy, and there’s no shortage of sights for music aficionados interested in the origins of the classics. Between the countless animals at the Memphis Zoo, the mouthwatering soul food and barbecue that’s always in easy reach, and the minor league stadium where you can watch the Memphis Redbirds in action, Memphis is a city that comes equipped with everything you might want to experience. No matter who you find your apartment in Memphis, you're bound for adventure.

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

Explore Memphis, TN Rentals by Map

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See the most popular apartments and homes in Memphis, TN

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Getting Around Memphis, TN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

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

What is the Cheapest apartment in Memphis with 3 Bedroom?

Currently the most affordable 3 Bedroom in Memphis is at New Horizon - Kingsgate listed at $827.

How much is the average rent for a 3 Bedroom Memphis Apartment?

The average rent for a 3 Bedroom Apartment in Memphis is $1,811.

What is the largest available 3 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 2,031 square feet unit starting from $2,893 at The Chisca.

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

The average size for a 3 Bedroom rental in Memphis is currently 1,745 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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.