3 Bedroom Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN (54 Rentals)

Harbor Side at Conwood Flats Apartments

Uptown Square Apartments

The Oliver Luxury Apartments

Total Monthly Price
Helix at the District - Utilities Included

Total Monthly Price
Metro67

Total Monthly Price
The Chisca

Arbors Harbor Town

Grand Island Apartments

Fielder Square
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Belle Harbour Apartments

Total Monthly Price
Court Square Apartments

The Estates at River Pointe

Island Park/Harbor Town Square

The Metropolitan and Greenlaw Place Apartments

Bickford Square Apartments

Owens Place Townhomes

679 Leath St

994 N 7th St

158 Keel Ave
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1175 Harbor River Dr

1207 Harbor River Dr

1343 Island Pl E

1371 Island Town Dr

1283 Island Harbor Dr

154 Island Bluff Dr

1173 Island Pl E

18 W Georgia Ave

717 Riverside Dr

1060 Island Dr
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.

265 Jones

Nettleton Condos

Uptown Village Apartments

327 Pontotoc Ave

The Horizon

100 N. Main

City Commons

57 W Georgia Ave

316-324 S Front St

April Woods
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.

Pontotoc Gardens

Cleaborn Pointe at Heritage Senior Apartments

Uptown Flats

Forum Flats

Crescent Bluff

Riverbend Place

Askew Place

Uptown Homes

South Main Artspace Lofts

2nd Street Flats
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Downtown Memphis, Memphis, TN Local Guide

How much does it cost to rent an apartment in Downtown Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Memphis Studio Apartments | $1,135 | $560 | $1,636 |
| Downtown Memphis 1 Bedroom Apartments | $1,284 | $525 | $2,404 |
| Downtown Memphis 2 Bedroom Apartments | $1,779 | $750 | $5,042 |
Downtown Memphis 3 Bedroom Apartments | $2,306 | $995 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 1 mile radius of the Downtown Memphis Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Downtown Memphis, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Largest Available Downtown Memphis 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Downtown Memphis area of Memphis, TN is found at Indigo Riverview and is listed at 2,822 square feet priced from $3,029. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Indigo Riverview | Rocky Penthouse | 2,822 Sq Ft | $3,029 |
| Court Square Apartments | 3 BR | 2,271 Sq Ft | $2,246 |
| The Chisca | C3 | 1,740 Sq Ft | $2,506 |
| Metro67 | Manhattan (3 bed) | 1,740 Sq Ft | $2,743 |
| Harbor Side at Conwood Flats Apartments | C1 Loft | 1,664 Sq Ft | $3,300 |
| Arbors Harbor Town | Beech - Renovated | 1,554 Sq Ft | $2,206 |
| Bickford Square Apartments | 3BR/2BA | 1,500 Sq Ft | $995 |
| The Estates at River Pointe | C1 | 1,368 Sq Ft | $1,955 |
| Uptown Flats | 3-A | 1,329 Sq Ft | $1,339 |
| The Oliver Luxury Apartments | C1 | 1,316 Sq Ft | $2,810 |
Cheapest Available Downtown Memphis 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Downtown Memphis of Memphis, TN is the 3BR/2BA Model starting from $995 at Bickford Square Apartments. The average price for all 3 Bedroom apartments in Downtown Memphis is currently $2,306. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Bickford Square Apartments | 3BR/2BA | $995 |
| Owens Place Townhomes | Townhouse | $1,020 |
| Forum Flats | 3-B Type B-60%-PBV | $1,339 |
| Uptown Flats | 3-A | $1,339 |
| Crescent Bluff | 32A60 | $1,344 |
| Uptown Square Apartments | 3 Bedroom - Garden - Handicapped | $1,555 |
| The Estates at River Pointe | C1 | $1,955 |
| Arbors Harbor Town | Beech - Renovated | $2,206 |
| Court Square Apartments | 3 BR | $2,246 |
| The Chisca | C5 | $2,335 |
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.
Pet Friendly LifestyleDowntown Memphis, Memphis, TN
Ranked #17
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Central Memphis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about 3 Bedroom Downtown Memphis Apartments
What is the Cheapest apartment in Downtown Memphis with 3 Bedroom?
Currently the most affordable 3 Bedroom in Downtown Memphis is at Bickford Square Apartments listed at $995.
How much is the average rent for a 3 Bedroom Downtown Memphis Apartment?
The average rent for a 3 Bedroom Apartment in Downtown Memphis is $2,306.
What is the largest available 3 Bedroom Downtown Memphis Apartment for rent?
Today's apartment with the most square footage in Downtown Memphis is a 2,822 square feet unit starting from $3,029 at Indigo Riverview.
What is the average size for Downtown Memphis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Downtown Memphis is currently 1,551 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

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