3 Bedroom Apartments for Rent in Memphis, TN Under $900 (44 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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Carriage House
3 Bedroom Apartments

Carriage House

1145 Frayser BlvdMemphis, TN 38127
  • Utilities Included
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Harmony Woods
3 Bedroom Apartments

Harmony Woods

3384 Harmony CtMemphis, TN 38122
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Cherry Gardens
3 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
  • Utilities Included

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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April Woods
3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
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Valley Forge
3 Bedroom Apartments

Valley Forge

176 Hillview AveMemphis, TN 38109
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Yugo Memphis Southern
3 Bedroom Apartments

Yugo Memphis Southern

3595-3655 Southern AveMemphis, TN 38111
Student Housing
  • Utilities Included

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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Beacon Manor
3 Bedroom Apartments

Beacon Manor

2502 St. Elmo AveMemphis, TN 38127
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Southwood Townhouses
3 Bedroom Apartments

Southwood Townhouses

4439 Tchulahoma RdMemphis, TN 38118
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Pontotoc Gardens
3 Bedroom Apartments

Pontotoc Gardens

537-539 Pontotoc AveMemphis, TN 38126
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Eastern Heights
3 Bedroom Apartments

Eastern Heights

281 Johnson Cir WMemphis, TN 38112

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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Beverly Springs
3 Bedroom Apartments

Beverly Springs

2879 Beverly Hills RdMemphis, TN 38128
Senior Living

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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Pecan Grove
3 Bedroom Apartments

Pecan Grove

600 Rainer RdWest Memphis, AR 72301
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Rainer Village
3 Bedroom Apartments

Rainer Village

1400-1516 Village DrWest Memphis, AR 72301
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Broadway Terrace
3 Bedroom Apartments

Broadway Terrace

303 Elizabeth LnWest Memphis, AR 72301
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Commodore Villages
3 Bedroom Apartments

Commodore Villages

4465 Babe Howard BlvdMillington, TN 38053
  • Utilities Included

Memphis, TN Local Guide

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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Quick Rent Budget Calculator

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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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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 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 $1,685.

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 1,438 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

Written by: Robin Stewart

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

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.

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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.

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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.