
3 Bedroom Apartments for Rent in Memphis, TN Under $1,500 (176 Rentals) Page 2 of 4


Shadowbrook Townhomes

The Glen Townhomes

Cedar Run

Summer Trace Apartments

Creekside Meadows

The Residence Village Green

Highland Chateau

Oak Grove Flats
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.

Walden Pointe

Edgewater Apartments

Ashland Lakes Apartments

Winchester Grove

Flairwood Apartments

Wilson Townhomes

Brentwood Apartments

The Meridian Apartments

Luxe at Raleigh
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.

Redwood Estates Mobile Home Community

Regency at Raleigh

Ruby Oaks Apartments

Springdale Creek Apartments

Owens Place Townhomes

Bickford Square Apartments

Weaver Fields Apartments

Renaissance at Steele

631 S Graham St

3685 Moccasin Cove
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.

4271 Coventry Dr

3856 Warrington Cove

2168 Carnes Ave

3191 Parham St

1156 Brower St

452 Delta Rd

2298 Dells Ave

1549 Patton St

1263 Tunica St

3729 Village Oak Cove
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.

3014 Meadows Ln

3203 Aden St

1278-1280 Saxon Ave

216 N Hollywood St

286 Malvern St

2097 Sharon Ln

Carriage House

Festival Square Apartments

Harmony Woods

Cherry Gardens
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.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,049 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,151 | $450 | $2,842 |
| Memphis 2 Bedroom Apartments | $1,266 | $562 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,712 | $600 | $4,085 |
| Memphis 4 Bedroom Apartments | $1,204 | $599 | $2,640 |
Explore Memphis
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 $1,712.
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 $3,072 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 1,445 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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts 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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

