Low Income 3 Bedroom Apartments for Rent in Memphis, TN (22 Rentals)

Mendenhall Gardens

High Point Apartments

The Birches Apartment Homes

Mill Creek Apartments

Lexington Apartments

Southwind Lakes Apartments

The Metropolitan and Greenlaw Place Apartments

Manor Park Apartments
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Bickford Square Apartments

Chapel Place Homes

Ruby Oaks Apartments

Ashland Lakes Apartment Homes

Wesley Forest

Weaver Fields Apartments

Linden Yards Apartments

Springdale Creek Apartments

The Luxe of Southaven
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.

Meadows West Memphis
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,188 | $560 | $8,000 |
Memphis 1 Bedroom Apartments | $1,328 | $200 | $6,798 |
Memphis 2 Bedroom Apartments | $1,514 | $499 | $7,650 |
Memphis 3 Bedroom Apartments | $1,941 | $789 | $10,000+ |
Memphis 4 Bedroom Apartments | $2,296 | $599 | $10,000+ |
Explore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
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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.
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 New Horizon - Kingsgate listed at $827.
How much is the average rent for a 3 Bedroom Memphis Apartment?
The average rent for a 3 Bedroom Apartment in Memphis is $1,941.
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 1,487 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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.

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.