3 Bedroom Apartments for Rent in Memphis, TN (804 Rentals)

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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.

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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.

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Memphis, TN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Memphis 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: May 03, 2025

There are currently 2973 available 3 Bedroom apartment units from neighborhoods all over Memphis, TN that range in price from $740 to $7,572. Southeast Memphis, Northeast Memphis and Oakhaven are the neighborhoods that currently have the most 3 Bedroom availability. Here is today's list of the top neighborhoods in Memphis with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Southeast Memphis283$1,577$740
Northeast Memphis228$1,867$995
Oakhaven129$1,330$815
Hickory Ridge-South Riverdale118$1,711$986
Southern Shelby County115$1,775$975
Walnut Grove101$1,667$815
Southwind97$1,885$1,250
Cordova-Appling93$1,927$1,000
Germantown86$1,890$1,375
Fox Meadows82$1,260$815

Largest Available Memphis 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Memphis, TN is found at The Chisca in the Downtown Memphis neighborhood and is 2,031 square feet priced from $2,893. North Creek has the second largest 3 Bedroom, which is sized at 2,002 square feet and currently listed start at $1,993. Here is today’s list of the largest available 3 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
The ChiscaC12,031 Sq Ft$2,893
North Creek3BR 2BA (2002 SF)2,002 Sq Ft$1,993
Fielder SquareC1 Three Bedroom1,949 Sq Ft$2,343
The Garden District ApartmentsC1 With Den1,800 Sq Ft$2,477
MAA Park EstateThe Marquette1,750 Sq Ft$1,988
MONTICELLOScarlet Oak-3 bedroom 2 1/2 ba1,740 Sq Ft$1,690
Pine River Village3 Bed / 2.5 Bath - Family Townhome1,710 Sq Ft$1,400

Cheapest Available Memphis 3 Bedroom Apartments

As of May 03, 2025 the lowest priced 3 Bedroom apartment unit in Memphis, TN is the 3 Bedroom 2 Bathroom Model starting from $815 at The Residences at Lakeview in the Oakhaven neighborhood. The second most affordable Memphis 3 Bedroom is the 3 Bedroom, 2 Bathroom Model at New Horizon - Kingsgate starting at $827 in the South Memphis neighborhood. The average price for all 3 Bedroom apartments in Memphis is currently $1,846. Here is today’s list of the cheapest available 3 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
The Residences at Lakeview3 Bedroom 2 Bathroom$815
New Horizon - Kingsgate3 Bedroom, 2 Bathroom$827
Huntington Hills3 BR/ 1.5 BA$829
Renaissance at Steele3 bedroom$880
Country View Apartments3 Bed / 2 Bath - Spacious Option$905
Hickory Hills3 Bedroom$925
Luxe at Raleigh3 Bedroom, 2 Bathroom$940
Springdale Creek Apartments3 Bedroom Townhome$940
Colonial Village Apartments3 Bedroom$950
Lakes at Epping Way3 Bed / 2 Bath - Renovated Family Option$975

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Memphis Overview

Memphis, Tennessee is a place where you can feel lost in time, surrounded by rich history and the roots of some of today’s most popular music. Southern hospitality and tradition combine with modern comfort and a sense of belonging in Tennessee’s largest city, which still manages to retain the quiet charms of simple living. From the vibrant neighborhoods of Downtown Memphis to the majestic Mississippi River, there is no shortage of variety to be found by people staying in apartments in Memphis. Also, you can’t visit this sunny getaway without trying some legendary Memphis barbecue.

Why live in Memphis, TN?

The endless possibilities in Memphis make it a city that is difficult to define. There are museums and historical sites that will satisfy anyone seeking to learn about the rich history of the south and the civil rights movement. The plentiful parks and trails can keep active nature lovers happy, and there’s no shortage of sights for music aficionados interested in the origins of the classics. Between the countless animals at the Memphis Zoo, the mouthwatering soul food and barbecue that’s always in easy reach, and the minor league stadium where you can watch the Memphis Redbirds in action, Memphis is a city that comes equipped with everything you might want to experience. No matter who you find your apartment in Memphis, you're bound for adventure.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Memphis, TN Rentals by Map

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See the most popular apartments and homes in Memphis, TN

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Getting Around Memphis, TN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

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

What is the Cheapest apartment in Memphis with 3 Bedroom?

Currently the most affordable 3 Bedroom in Memphis is at The Residences at Lakeview listed at $815.

How much is the average rent for a 3 Bedroom Memphis Apartment?

The average rent for a 3 Bedroom Apartment in Memphis is $1,846.

What is the largest available 3 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 2,031 square feet unit starting from $2,893 at The Chisca.

What is the average size for Memphis 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Memphis is currently 1,409 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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.