3 Bedroom Apartments in Memphis, TN

Map
1 - 30 of 348 Results
11
$850
3424 Felton RD
Memphis, TN
3 BR | Available Now
House
Disability Access
Dishwasher
61
Call for Pricing
Dream Germantown
5.0
7885 Silver Spur Circle Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
24
$1,875 - 2,045
Walnut Hill Apartment Homes
Deal
4.2
8920 Walnut Grove Road Cordova, TN
3 BR | Dec. 3, 2022
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
10
$825
2427 Joy Ln
Memphis, TN
3 BR | Available Now
House
In Unit Laundry
Disability Access
27
$2,719 - 6,855
Metro67
4.1
67 Madison Ave. Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
Student
Virtual Tour
Air Conditioning
39
$1,747 - 2,123
Villas at Cordova
Deal
3.0
8546 Prestine Loop Cordova, TN
3 BR | Dec. 24, 2022
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
11
$1,250
4325 Judy Cv
Memphis, TN
3 BR | Available Now
House
Disability Access
8
$990
4129 Ward Ave
Memphis, TN
3 BR | Available Now
House
34
$1,110 - 1,600
The Luxe of Southaven
Deal
5905 Airways Blvd. Southaven, MS
3 BR | Available Now
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Storage
37
$1,506 - 2,663
Southaven Pointe
Deal
3.0
5186 Church Lake Dr Southaven, MS
3 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
3
$862
Chapel Place Homes (Affordable Housing; Income Limit Restrictions Apply)
5228 Whistling Duck Dr Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
Income Restricted
Balcony, Deck, Patio
Dishwasher
36
$2,001 - 2,827
The Villas at Germantown
Deal
5.0
3750 Moraine St Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
40
$1,492 - 2,505
North Creek
Deal
2.2
8786 N Creek Blvd Southaven, MS
3 BR | Dec. 8, 2022
Dog Friendly
Cat Friendly
Dishwasher
25
$2,299 - 2,320
Grand Island Apartment Homes
3.2
300 Grand Island Drive Memphis, TN
3 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
25
$2,575
Harbor Island Apartments
5.0
444 Island Dr., Suite Memphis, TN
3 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
33
$1,034 - 1,049
Hickory Grove
4.2
6277 Lake Arbor Drive Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
Surface Parking
Balcony, Deck, Patio
Fitness Center
13
Call for Pricing
The Chisca On Main
Deal
4.6
272 S. Main St Memphis, TN
3 BR | Ask for Availability
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
19
Call for Pricing
Legacy At Westwind
2.6
1800 Joy Circle Horn Lake, MS
3 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
8
$1,714 - 2,570
The Carrington At Schilling Farms
3.4
1020 Schilling Row Ave Collierville, TN
3 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
6
$633 - 800
Shady Oaks TN
7860 Raleigh Millington RD Millington, TN
3 BR | Available Now
Dog Friendly
House
Air Conditioning
41
$2,825
Meridian Park
1700 Elkstone Drive South Collierville, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
Virtual Tour
Surface Parking
In Unit Laundry
39
$1,840
Hall Creek
5.0
11926 Ambassador Lane South Arlington, TN
3 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
25
Call for Pricing
Legacy At River Pointe
2.4
11594 Old Highway 61 North Robinsonville, MS
3 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
15
$1,895
150 Harbor Creek Dr
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Storage
20
$1,750
4870 Parkside St
Memphis, TN
3 BR | Available Now
House
Disability Access
Dishwasher
5
$2,059
The Bridges At Germantown Apartments
7491 Wyndhurst Pl Germantown, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
Section 8
Covered Parking
Balcony, Deck, Patio
29
$1,175
672 Carpenter St
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
8
$875
4246 Coventry Dr
Memphis, TN
3 BR | Dec. 5, 2022
Dog Friendly
Cat Friendly
Air Conditioning
14
$895
4920 Peace St
Memphis, TN
3 BR | Dec. 10, 2022
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Disability Access
13
$875
3438 Ardmore St
Memphis, TN
3 BR | Available Now
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony, Deck, Patio
1 - 30 of 348 Results
  1. Home
  2. Memphis
  3. 3 Bedroom Apartments

How much does it cost to rent an apartment in Memphis?

Memphis Apartments
Bed Type Average Rent Range
Studio $1,000 $630 - $1,490
1BR $950 $550 - $1,650
2BR $1,150 $630 - $1,840
3BR $1,210 $780 - $2,380
4+BR $1,820 $680 - $5,000

Memphis:
November Rent Report

Welcome to the November 2022 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2022 key findings and figures for the Memphis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Memphis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Memphis average rent prices in the chart below.

Monthly Rent Report

Memphis Rent Prices Increase From October to November

Memphis rent prices increased over the last month. From October to November, the city experienced a 0.11% increase for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $898.0.

When we take a look at the two-bedroom comparison from October to November, Memphis experienced a -0.68% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,029.0.

November Prices: Memphis vs. Surrounding Areas

Rent Prices in Memphis and Surrounding Areas

Rent prices have increased in Memphis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Memphis suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cordova, TN, Southaven, MS, Bartlett, TN .

  • Rent decreased in Horn Lake, MS, Collierville, TN, Germantown, TN.

  • 6 suburbs are currently priced higher than the city of Memphis.

November 2022 Pricing Trends: Memphis vs. National Comparisons

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Memphis average rent prices appear to be relatively affordable for local residents.

The price for a Memphis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of Rentable's November 2022 National Apartment Report and data set here.

For more information about Memphis and surrounding area rent prices, take a look at the complete data set below.

Data set for Memphis and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Memphis, TN $897.0 -0.11% $1,036.0 -2.08%
Cordova, TN $1,353.0 2.81% $1,497.0 0.67%
Southaven, MS $1,257.0 3.37% $1,493.0 -3.68%
Horn Lake, MS $1,246.0 -1.74% $1,200.0 0.00%
Collierville, TN $1,290.0 -0.85% $1,384.0 -0.65%
Germantown, TN $1,241.0 -0.64% $1,683.0 -0.94%
Bartlett, TN $1,472.0 0.27% $1,831.0 0.94%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.