3 Bedroom Apartments for Rent in Memphis, TN (388 Rentals)

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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
$2,708 - $3,585
Total Monthly Price

Total Monthly Price

Base Rent
$1,502 - $3,585

Total Monthly Price
$1,502 - $3,585
3 Bedroom Apartments Available Now

Metro67

67 Madison AveMemphis, TN 38103
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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.

Memphis, TN Local Guide

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Memphis 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: May 11, 2026

There are currently 2270 available 3 Bedroom apartment units from neighborhoods all over Memphis, TN that range in price from $700 to $7,109. Southeast Memphis, Northeast Memphis and New Getwell 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 Memphis210$1,285$700
Northeast Memphis139$1,684$935
New Getwell72$1,038$855
Southern Shelby County66$1,500$949
South Memphis64$1,038$825
Whitehaven63$1,038$855
Gardenview Park59$1,038$855
Walnut Grove57$1,689$875
Oakhaven56$1,099$940
Windyke-Southwind56$1,924$1,285

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 $3,467. The Chisca has the second largest 3 Bedroom, which is sized at 2,031 square feet and currently listed start at $2,893. 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$3,467
The ChiscaC12,031 Sq Ft$2,893
Lakeland Town SquareThe Social1,900 Sq Ft$2,350
The Garden District ApartmentsC1 With Den1,800 Sq Ft$2,369
The RoxburyC4R1,800 Sq Ft$1,859
Metro67Manhattan (3 bed)1,740 Sq Ft$2,883
Highland HillsTH31,710 Sq Ft$1,400
The Water Tower District at Schilling FarmsC2A1,681 Sq Ft$3,493
Harbor Side at Conwood Flats ApartmentsC1 Loft1,664 Sq Ft$3,300
Legacy on Lynnfield - NEWLY UPGRADED3x2.5 Medium1,650 Sq Ft$1,650

Cheapest Available Memphis 3 Bedroom Apartments

As of May 11, 2026 the lowest priced 3 Bedroom apartment unit in Memphis, TN is the 3 bedroom / 2 Bathroom Model starting from $825 at Creekside Meadows 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 $1,705. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
Creekside Meadows3 bedroom / 2 Bathroom$825
Huntington Hills3 BR/ 1.5 BA$829
Cherry Creek Apartments3x1$875
Emberly (NEW)3 Bedroom, 2 Bathroom$884
Brentwood Parc3 Bed/ 2 Bath$895
Hilldale Apartments3x1$900
Country ViewC1$905
Hickory Hills3 Bedroom$925
Oak Grove Flats3BR$935
Emerald Ridge3 bedroom 2 bathroom$949

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!

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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 Creekside Meadows listed at $825.

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

The average rent for a 3 Bedroom Apartment in Memphis is $1,705.

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 $3,467 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 1,439 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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