
3 Bedroom Apartments for Rent in Monterey, IN (28 Rentals)


Uptown East

Autumn Lakes Apartments and Townhomes

Compass Pointe Apartments
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.

Windridge Village Apartments

The Fields of New Durham Apartment Homes

Orchard Ridge

The Residences at Belleville Park

Centennial Crossing

South Bend Thrive

Woodside Village Apartments

Briar Ridge Apartments
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.

Roselawn Apartments

Welcome to Tippe River Downs

3489 W 100 N

1083 E State Rd 2

1013 E Calvert St

310 Barbie St
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.

318 E Ewing Ave

127 E Woodside St

24745 Northlea Dr

253-1 IN-2

70 Alan John Dr

202 W Harrison St

2607 S Airport Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Monterey, IN Local Guide

How much does it cost to rent an apartment in Monterey?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monterey Studio Apartments | $952 | $899 | $1,005 |
Monterey 1 Bedroom Apartments | $1,204 | $699 | $3,947 |
Monterey 2 Bedroom Apartments | $1,344 | $799 | $5,324 |
Monterey 3 Bedroom Apartments | $2,109 | $1,148 | $9,099 |
Monterey 4 Bedroom Apartments | $1,660 | $1,560 | $1,710 |
Browse Top Apartments in Monterey
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Monterey, IN Local Guide
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Largest Available Monterey and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Monterey, IN is found at Welcome to Tippe River Downs and is 1,547 square feet priced from $1,995. The Lakes of Valparaiso in the Downtown Valparaiso neighborhood has the second largest 3 Bedroom, which is sized at 1,487 square feet and currently listed start at $2,778. Here is today’s list of the largest available 3 Bedroom units in Monterey:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Welcome to Tippe River Downs | Whirl Away | 1,547 Sq Ft | $1,995 |
The Lakes of Valparaiso | J3 | 1,487 Sq Ft | $2,778 |
Wabash River Commons | 3B2B TOWNHOME | 1,336 Sq Ft | $1,495 |
Ironwood Village | Three Bedroom | 1,165 Sq Ft | $1,148 |
Cheapest Available Monterey and Nearby 3 Bedroom Apartments
As of July 22, 2025 the lowest priced 3 Bedroom apartment unit in Monterey, IN is the Three Bedroom Model starting from $1,148 at Ironwood Village in the Bercliff Estates neighborhood. The second most affordable Monterey 3 Bedroom is the 3B2B TOWNHOME Model at Wabash River Commons starting at $1,495 . The average price for all 3 Bedroom apartments in Monterey is currently $2,109. Here is today’s list of the cheapest available 3 Bedroom options in Monterey:
Apartment Listing | Model Name | Priced From |
---|---|---|
Ironwood Village | Three Bedroom | $1,148 |
Wabash River Commons | 3B2B TOWNHOME | $1,495 |
Welcome to Tippe River Downs | NOW LEASING!!! BRAND NEW 3 BEDROOM 2 BATHROOM!!! | $1,595 |
The Lakes of Valparaiso | J3 | $2,778 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Monterey, IN
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 3 Bedroom Monterey Apartments
How much is the average rent for a 3 Bedroom Monterey Apartment?
The average rent for a 3 Bedroom Apartment in Monterey is $2,109.
What is the largest available 3 Bedroom Monterey Apartment for rent?
Today's apartment with the most square footage in Monterey is a 1,547 square feet unit starting from $1,995 at Welcome to Tippe River Downs.
What is the average size for Monterey 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Monterey is currently 1,325 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.