3 Bedroom Apartments for Rent in Memphis, TN (400 Rentals)

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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Metro67
Rent Specials
$2,568 - $3,714
Total Monthly Price

Total Monthly Price

Base Rent
$1,510 - $3,714
Total Monthly Price
$1,510 - $3,714
3 Bedroom Apartments Available Now

Metro67

67 Madison AveMemphis, TN 38103
Student Housing
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The Chisca
Rent Specials
$2,335 - $2,913
Total Monthly Price

Total Monthly Price

Base Rent
$947 - $2,913
Total Monthly Price
Varies
3 Bedroom Apartments Available Now

The Chisca

272 S Main StMemphis, TN 38103
Corporate Housing
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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: August 11, 2026

There are currently 2325 available 3 Bedroom apartment units from neighborhoods all over Memphis, TN that range in price from $829 to $3,789. Southeast Memphis, Northeast Memphis and Southern Shelby County 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 Memphis236$1,307$845
Northeast Memphis113$1,606$1,005
Southern Shelby County83$1,594$949
South Bluffs82$1,038$884
South Memphis79$1,038$845
New Getwell78$1,038$845
Whitehaven77$1,038$845
Gardenview Park73$1,038$845
Toni Pendleton71$1,038$845
Oakhaven65$1,099$940

Largest Available Memphis 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Memphis, TN is found at Indigo Riverview in the Downtown Memphis neighborhood and is 2,822 square feet priced from $3,029. Lenox School Condo in the East Memphis neighborhood has the second largest 3 Bedroom, which is sized at 2,500 square feet and currently listed start at $2,950. Here is today’s list of the largest available 3 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
Indigo RiverviewRocky Penthouse2,822 Sq Ft$3,029
Lenox School Condo3 Beds, 2 Baths2,500 Sq Ft$2,950
Court Square Apartments3 BR2,271 Sq Ft$2,246
2191 Washington Ave3 Beds, 2 Baths1,913 Sq Ft$1,600
The RoxburyC4R1,800 Sq Ft$1,700
The Garden District ApartmentsC1 With Den1,800 Sq Ft$2,399
MAA Park EstateThe Marquette1,750 Sq Ft$1,978
The ChiscaC31,740 Sq Ft$2,506
Metro67Manhattan (3 bed)1,740 Sq Ft$2,743
MONTICELLOWillow-3 bedroom 1725 SQ FT1,725 Sq Ft$1,620

Cheapest Available Memphis 3 Bedroom Apartments

As of August 11, 2026 the lowest priced 3 Bedroom apartment unit in Memphis, TN is the 3 BR/ 1.5 BA Model starting from $829 at Huntington Hills in the Raleigh neighborhood. The second most affordable Memphis 3 Bedroom is the 3 bedroom / 2 Bathroom Model at Creekside Meadows starting at $830 in the South Memphis neighborhood. The average price for all 3 Bedroom apartments in Memphis is currently $1,672. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
Huntington Hills3 BR/ 1.5 BA$829
Creekside Meadows3 bedroom / 2 Bathroom$830
Cherry Creek Apartments3x1$875
Emberly Apartments3 Bedroom, 2 Bathroom$884
Brentwood Parc3 Bed/ 2 Bath$895
Hilldale Apartments3x1$900
Lexington Apartments32GM$945
Emerald Ridge Apartments3 bedroom 2 bathroom$949
Wesley Forest3X2Wesley Forest$950
Sherwood FlatsSpacious 3-Bedroom Apartment Near the Universit...$950

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Real 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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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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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 Huntington Hills listed at $829.

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

The average rent for a 3 Bedroom Apartment in Memphis is $1,672.

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

Today's apartment with the most square footage in Memphis is a 2,822 square feet unit starting from $3,029 at Indigo Riverview.

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

The average size for a 3 Bedroom rental in Memphis is currently 1,426 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

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Articles, How-To's, and Tips

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.