
3 Bedroom Apartments for Rent in Memphis, IN (42 Rentals)


The Bend

The Flats of River Ridge

The Warren Apartments

Courtyard Apartments

Arbour Place Apartments

The Laurel Apartments

The Slate

Armstrong Farm

Forest Edge Apartments
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Parkside Trace Apartments

Lakeview Apartments

Lakeside Gardens

Heritage Square

Meadows at Green Tree

Colonial Village Apartments

Koehler Springs

Williams Crossing Townhomes

Foxtail Pointe

11809 Perry Crossing Pkwy

3842 Dunbar Ave

304 Jackson Way

4236 Silver Glade Trail

4932 Grant Line Rd

4930 Grant Line Rd

4934 Grant Line Rd

4609 Kirk Ln

3842 Dunbar Ave

110 Glenmill Rd

4205 Lora Linda Ct

304 Jackson Way

7307 Meyer Loop

4406 Leaf Cir

1950 Harmony Cir

6228 Caleigh Dr

8024 Lucas Ln

4510 Brandon Cir

2806 Winchester Dr

7608 Samuel Dr

4236 Silver Glade Trail

1704 Anchorage Ct
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 | $1,092 | $995 | $1,135 |
Memphis 1 Bedroom Apartments | $1,224 | $200 | $1,818 |
Memphis 2 Bedroom Apartments | $1,355 | $487 | $2,015 |
Memphis 3 Bedroom Apartments | $1,706 | $560 | $2,528 |
Memphis 4 Bedroom Apartments | $1,357 | $1,021 | $1,470 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis
Memphis, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Memphis and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Memphis, IN is found at Heritage Square in the Southern Indiana neighborhood and is 1,765 square feet priced from $1,850. The Slate has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,745. Here is today’s list of the largest available 3 Bedroom units in Memphis:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Heritage Square | Three Bedroom Townhome | 1,765 Sq Ft | $1,850 |
The Slate | 3 bed, 2 bath | 1,525 Sq Ft | $1,745 |
Arbour Place Apartments | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,850 |
Koehler Springs | Koehler Springs II | 1,344 Sq Ft | $1,400 |
Williams Crossing Townhomes | WITH Storage | 1,344 Sq Ft | $1,400 |
The Flats of River Ridge | D2 - Louisville | 1,240 Sq Ft | $1,790 |
The Laurel Apartments | D2 - Willow | 1,240 Sq Ft | $1,790 |
Colonial Village Apartments | The Regency. | 1,123 Sq Ft | $913 |
Nicholas Landing | Three Bedroom | 0 Sq Ft | $1,417 |
Cheapest Available Memphis and Nearby 3 Bedroom Apartments
As of April 14, 2025 the lowest priced 3 Bedroom apartment unit in Memphis, IN is the The Regency Model starting from $913 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 $1,706. 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 | $913 |
Koehler Springs | Koehler Springs - Original | $1,200 |
Williams Crossing Townhomes | WITH Storage | $1,400 |
Nicholas Landing | Three Bedroom | $1,417 |
The Slate | 3 bed, 2 bath | $1,745 |
The Flats of River Ridge | D2 - Louisville | $1,790 |
The Laurel Apartments | D2 - Willow | $1,790 |
Arbour Place Apartments | 3 Bed, 2 Bath | $1,850 |
Heritage Square | Three Bedroom Townhome | $1,850 |
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 $1,706.
What is the largest available 3 Bedroom Memphis Apartment for rent?
Today's apartment with the most square footage in Memphis is a 1,765 square feet unit starting from $1,850 at Heritage Square.
What is the average size for Memphis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Memphis is currently 1,360 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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.