
3 Bedroom Apartments for Rent in Memphis, IN (45 Rentals)


13236 Sunnybrook Dr

The Bend

The Flats of River Ridge

The Laurel Apartments

Courtyard Apartments

The Slate

Armstrong Farm

The Warren Apartments

Arbour Place Apartments
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.

Forest Edge Apartments

Lakeview Apartments

Parkside Trace Apartments

Lakeside Gardens

Heritage Square

Meadows at Green Tree

Nicholas Landing

Colonial Village Apartments

Koehler Springs

Williams Crossing Townhomes
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.

Foxtail Pointe

304 Jackson Way

7307 Meyer Loop

1950 Harmony Cir

8024 Lucas Ln

4510 Brandon Cir

7608 Samuel Dr

2424 Addmore Ln

1145 Crystal Ave

1747 E Oak St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

4932 Grant Line Rd

4930 Grant Line Rd

4934 Grant Line Rd

809 Presidential Pl

4609 Kirk Ln

1500 E Market St

3807 Crown Ridge Ln

3012 Pebble Brook

7307 Meyer Loop

4406 Leaf Cir
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

1950 Harmony Cir

6228 Caleigh Dr

8024 Lucas Ln

4510 Brandon Cir

7608 Samuel Dr
Memphis, IN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,107 | $995 | $1,175 |
Memphis 1 Bedroom Apartments | $1,299 | $200 | $2,290 |
Memphis 2 Bedroom Apartments | $1,429 | $487 | $2,527 |
Memphis 3 Bedroom Apartments | $1,812 | $560 | $4,215 |
Memphis 4 Bedroom Apartments | $1,822 | $1,470 | $2,250 |
Browse Top Apartments in Memphis
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Memphis, IN Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Largest Available Memphis and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Memphis, IN is found at The Slate in the Southern Indiana neighborhood and is 1,525 square feet priced from $1,745. Forest Edge Apartments in the Outer Southern Indiana Clark County neighborhood has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,825. Here is today’s list of the largest available 3 Bedroom units in Memphis:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
The Slate | 3 bed, 2 bath | 1,525 Sq Ft | $1,745 |
Forest Edge Apartments | The Sycamore | 1,525 Sq Ft | $1,825 |
Arbour Place Apartments | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,850 |
The Warren Apartments | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,850 |
Parkside Trace Apartments | 3 BEDROOM 2 BATH NEW CONSTRUCTION | 1,350 Sq Ft | $1,529 |
Williams Crossing Townhomes | WITH Storage | 1,344 Sq Ft | $1,400 |
Koehler Springs | Koehler Springs II | 1,344 Sq Ft | $1,400 |
Meadows at Green Tree | 3 Bedroom/2 Bath | 1,329 Sq Ft | $1,298 |
The Laurel Apartments | D2 - Willow | 1,240 Sq Ft | $1,805 |
Nicholas Landing | Three Bedroom | 0 Sq Ft | $1,417 |
Cheapest Available Memphis and Nearby 3 Bedroom Apartments
As of May 11, 2025 the lowest priced 3 Bedroom apartment unit in Memphis, IN is the The Regency. Model starting from $1,120 at Colonial Village Apartments in the Southern Indiana neighborhood. The second most affordable Memphis 3 Bedroom is the Koehler Springs - Original Model at Koehler Springs starting at $1,200 . The average price for all 3 Bedroom apartments in Memphis is currently $1,812. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:
Apartment Listing | Model Name | Priced From |
---|---|---|
Colonial Village Apartments | The Regency. | $1,120 |
Koehler Springs | Koehler Springs - Original | $1,200 |
Meadows at Green Tree | 3 Bedroom/2 Bath | $1,298 |
Williams Crossing Townhomes | WITH Storage | $1,400 |
Nicholas Landing | Three Bedroom | $1,417 |
Parkside Trace Apartments | 3 BEDROOM 2 BATH NEW CONSTRUCTION | $1,529 |
The Slate | 3 bed, 2 bath | $1,745 |
The Flats of River Ridge | D2 - Louisville | $1,790 |
The Laurel Apartments | D2 - Willow | $1,805 |
Forest Edge Apartments | The Sycamore | $1,825 |
Quick 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, IN Rentals by Map
See the most popular apartments and homes in Memphis, IN
Getting Around Memphis, IN
Walk Score®
10 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 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 Memphis Apartments
How much is the average rent for a 3 Bedroom Memphis Apartment?
The average rent for a 3 Bedroom Apartment in Memphis is $1,812.
What is the largest available 3 Bedroom Memphis Apartment for rent?
Today's apartment with the most square footage in Memphis is a 1,525 square feet unit starting from $1,745 at The Slate.
What is the average size for Memphis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Memphis is currently 1,100 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.

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.