
3 Bedroom Apartments for Rent in New Memphis, IL (23 Rentals)


Longacre Apartment Resort

Storyboard on Rockwood

Flax Meadow Townhomes

Bouse Apartment Homes

Storyboard on Carol Ann

Green Mount Lakes
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.

Storyboard on Wisteria

McKay Manor

Northbrooke Commons

113 E Apple St

106 E Madison St

204 W Wesley Dr

1963 Nathan Ave
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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.

207 W Hwy 50

2350 Coniferous Dr

1721 Spruce Hill Dr

2746 Brookrun Dr

2923 Harvest Meadow Dr

764 Granite Dr

709 Michael 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.

2429 Heather Hill Ct

1700 Spruce Hill Dr
New Memphis, IL Local Guide

How much does it cost to rent an apartment in New Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Memphis Studio Apartments | $610 | $610 | $610 |
| New Memphis 1 Bedroom Apartments | $1,357 | $680 | $1,760 |
| New Memphis 2 Bedroom Apartments | $1,648 | $548 | $2,720 |
New Memphis 3 Bedroom Apartments | $1,529 | $730 | $2,150 |
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New Memphis, IL Local Guide
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Largest Available New Memphis and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in New Memphis, IL is found at Green Mount Lakes in the OFallon neighborhood and is 1,330 square feet priced from $1,961. Longacre Apartment Resort in the Sullivan Manors neighborhood has the second largest 3 Bedroom, which is sized at 1,285 square feet and currently listed start at $1,850. Here is today’s list of the largest available 3 Bedroom units in New Memphis:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Green Mount Lakes | O Fallon | 1,330 Sq Ft | $1,961 |
| Longacre Apartment Resort | 3BR/2BA | 1,285 Sq Ft | $1,850 |
| McKay Manor | 3 Bedroom | 1,266 Sq Ft | $730 |
Cheapest Available New Memphis and Nearby 3 Bedroom Apartments
As of January 09, 2026 the lowest priced 3 Bedroom apartment unit in New Memphis, IL is the 3 Bedroom Model starting from $730 at McKay Manor . The second most affordable New Memphis 3 Bedroom is the 3BR/2BA Model at Longacre Apartment Resort starting at $1,850 in the Sullivan Manors neighborhood. The average price for all 3 Bedroom apartments in New Memphis is currently $1,529. Here is today’s list of the cheapest available 3 Bedroom options in New Memphis:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| McKay Manor | 3 Bedroom | $730 |
| Longacre Apartment Resort | 3BR/2BA | $1,850 |
| Green Mount Lakes | O Fallon | $1,961 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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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 New Memphis, IL Rentals by Map
See the most popular apartments and homes in New Memphis, IL
Frequently Asked Questions about 3 Bedroom New Memphis Apartments
How much is the average rent for a 3 Bedroom New Memphis Apartment?
The average rent for a 3 Bedroom Apartment in New Memphis is $1,529.
What is the largest available 3 Bedroom New Memphis Apartment for rent?
Today's apartment with the most square footage in New Memphis is a 1,330 square feet unit starting from $1,961 at Green Mount Lakes.
What is the average size for New Memphis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in New Memphis is currently 1,777 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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!