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3 Bedroom Apartments for Rent in Memphis, TN - 212 Rentals available

Memphis, TN Demographics

  • Total Population657,167
  • Female 312,782
    Male 344,385
  • Median Age33.5

Average Rent for 3 Bedroom apartments in Memphis, TN

  • The average rent for a 3 Bedroom apartment in Memphis, TN, August 2018$769/mo
  • 1 Bedroom$716
  • 2 Bedrooms$771
  • 3 Bedrooms$927

Memphis, TN 3 Bedroom Apartment Rent Ranges

  • < $5001%
  • $501-$70030%
  • $701-$1,00039%
  • $1,001-$1,50025%
  • $1,501-$2,0004%
  • > $2,0001%

Memphis, TN 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Aug / 2018 $769 $927
Jan / 2018 $765 $920
Sept / 2017 $767 $921
May / 2017 $767 $914
Jan / 2017 $753 $910
Sept / 2016 $752 $903
May / 2016 $743 $894
Jan / 2016 $733 $884
Sept / 2015 $728 $873
May / 2015 $716 $869
/

Memphis, TN Households

  • Total Number of Households249,775
  • Family 145,841
    Non-family 103,934
  • Children 77,074
    No Children 172,701
  • Average People Per Household2.57
  • Median Household Income$36,445
  • Median Housing Costs Per Month$869

Memphis, TN Education Statistics

  • No High School5%
  • Some High School42%
  • Some College25%
  • Associate Degree5%
  • Bachelor Degree15%
  • Graduate Degree8%

Renting a 3 bedroom in Memphis, TN

In Memphis, TN 3 bedroom rental apartments are typically a top choice for families with children or roommates sharing living space. The former choose them for the need of extra space. The latter choose them for the need to save money. The conclusion? 3 bedroom apartments offer more space (1,239 Sqft on average) at a good price (usually, around $1,510 per month). Whether you’re Jess from New Girl or a cool couple with 2 kids who want to live downtown, a 3 bedroom apartment for rent in the heart of Memphis, TN is the answer to your questions. Typically, only about 10 to 20% of apartments are three bedroom rentals, so they may be a little harder to find than smaller apartments. However, Memphis, TN has 161 apartment buildings that have 3 bedroom floor plans available to rent, totaling about 212 units.

How to find a cheap 3 bedroom apartment in Memphis, TN for you and your family

Are the two of you about to become three and need to find a rental apartment a.s.a.p.? Need to have one master bedroom, one bedroom for the nursery and one bedroom for an office that on occasion serves as a guest bedroom? And last, but not least, you need a rent payment that won’t entirely swallow both your paychecks? You should take a look at listings of cheap 3 bedroom apartments. Sort your results by “Rent” ascending to display the lowest-priced listings first. Browse photos, take a look at the list of amenities and read the listing descriptions to see which one appeals to you the most. Some rentals go for as little as $510 per month. You can further filter your results by number of baths or check the amenities that are important to you by opening up the “More” menu. Child care, playground and controlled access/gated are the most popular features for families. Save your search and get notified by email when new units the meet your criteria become available.