3 Bedroom Apartments for Rent in Monterey, IN (27 Rentals)

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Monterey, IN Local Guide

Largest Available Monterey and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Monterey, IN is found at The Fields of New Durham Apartment Homes and is 1,485 square feet priced from $1,599. Welcome to Tippe River Downs has the second largest 3 Bedroom, which is sized at 1,428 square feet and currently listed start at $1,665. Here is today’s list of the largest available 3 Bedroom units in Monterey:

Apartment ListingModel NameSquare FootagePriced From
The Fields of New Durham Apartment Homes3A1,485 Sq Ft$1,599
Welcome to Tippe River DownsNOW LEASING!!! BRAND NEW 3 BEDROOM 2 BATHROOM!!!1,428 Sq Ft$1,665
Wabash River Commons3B2B TOWNHOME1,336 Sq Ft$1,495
The Residences at Belleville Park3 Bedroom1,227 Sq Ft$1,405
Lakeland Villa Apartments3x21,188 Sq Ft$1,200
Ironwood VillageThree Bedroom1,165 Sq Ft$1,148

Cheapest Available Monterey and Nearby 3 Bedroom Apartments

As of March 27, 2025 the lowest priced 3 Bedroom apartment unit in Monterey, IN is the Three Bedroom Model starting from $1,148 at Ironwood Village in the Bercliff Estates neighborhood. The second most affordable Monterey 3 Bedroom is the 3x2 Model at Lakeland Villa Apartments starting at $1,200 . The average price for all 3 Bedroom apartments in Monterey is currently $1,858. Here is today’s list of the cheapest available 3 Bedroom options in Monterey:

Apartment ListingModel NamePriced From
Ironwood VillageThree Bedroom$1,148
Lakeland Villa Apartments3x2$1,200
The Residences at Belleville Park3 Bedroom$1,405
Wabash River Commons3B2B TOWNHOME$1,495
The Fields of New Durham Apartment Homes3A$1,599
Welcome to Tippe River DownsNOW LEASING!!! BRAND NEW 3 BEDROOM 2 BATHROOM!!!$1,665

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Getting Around Monterey, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 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 Monterey Apartments

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

The average rent for a 3 Bedroom Apartment in Monterey is $1,858.

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

Today's apartment with the most square footage in Monterey is a 1,485 square feet unit starting from $1,599 at The Fields of New Durham Apartment Homes.

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

The average size for a 3 Bedroom rental in Monterey is currently 1,229 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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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.

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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.