
Top Rated 3 Bedroom Apartments for Rent in Memphis, TN (52 Rentals)


Fieldstone

Centennial Gardens

Crescent at Wolfchase Apartment Homes

Bristol On Union Apartment Homes

The Oliver Luxury Apartments

Legacy on Lynnfield - NEWLY UPGRADED

Waterford Place Apartment Homes

Aspen Parc

Emerald Square Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Emerald Pointe

Miller Creek at Germantown Apartments

Emerald Park Apartments

Emerald Ridge Apartments

Highland Row

Oakwood Meadows Estates

Total Monthly Price
Metro67

Arbors River Oaks Apartments

High Point Apartments

MONTICELLO
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.

Timberline Flats

The Annex of Memphis

Southwind Lakes Apartments

Autumn Ridge Apartments

Hedgerow Apartments

The Birches Apartment Homes

MAA Park Estate

Cherry Creek Apartments

Oak Grove Flats

Rolling Hills Apartments
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

Camellia - Magnolia Gardens Apartments

Yugo Memphis Southern

Pineland Apartments

Cane Creek Apartments

Mason Homes on 4th

Charter Oak Apartments and Townhomes

Madison Shelby Farms

Hillcrest Apartments

Ridgeway Commons Townhomes

Parcels at Concourse
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.

Harbor Island Apartments

Total Monthly Price
The Water Tower District at Schilling Farms

MAA Dexter Lake

Villas at Houston Levee East & West

Forest Creek Townhomes

Dogwood Creek

Avalon at Horn Lake

Gramercy East Apartments

Meadows West Memphis

Total Monthly Price
Highlands Apartment Homes
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.
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

Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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!
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
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.