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3 Bedroom Apartments for Rent in Downtown Memphis, Memphis, TN - 4 Rentals available

  • Apartment in Downtown
    70 S 4Th St., Memphis, TN 38103
    $874 - $3,342
    • Studio-3 Beds
    • 1-2 Baths
    LMS Investment Management
    Available Today!
    (844) 503-6932
  • Apartment in Downtown
    67 Madison Ave., Memphis, TN 38103
    $1,011 - $6,902
    • Studio-3 Beds
    • 1-3 Baths
    Available Today!
    (901) 578-2630
  • Apartment in Downtown
    272 S. Main, Memphis, TN 38103
    • Studio-3 Beds
    • 1-3 Baths
    (901) 578-3040
  • Apartment in Downtown
     440 S. Lauderdale, Memphis, TN 38126
    $519 - $860
    • 1-4 Beds
    • 1-3 Baths
    (901) 254-7670

Downtown Memphis, Memphis, TN Demographics

  • Total Population10,814
  • Female 5,643
    Male 5,171
  • Median Age31.7

Average Rent for 3 Bedroom apartments in Downtown Memphis, Memphis, TN

  • The average rent for a 3 Bedroom apartment in Downtown Memphis, Memphis, TN, July 2018$1,116/mo
  • 1 Bedroom$993
  • 2 Bedrooms$1,279
  • 3 Bedrooms$1,621
  • Studio$626
  • 1 Bedroom$714
  • 2 Bedroom$769

Downtown Memphis, Memphis, TN 3 Bedroom Apartment Rent Ranges

  • $701-$1,00027%
  • $1,001-$1,50010%
  • $1,501-$2,00043%
  • > $2,00020%

Downtown Memphis, Memphis, TN 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Jul / 2018 $1,116 $1,621
Sept / 2017 $1,113 $1,575
May / 2017 $1,125 $1,548
Jan / 2017 $1,092 $1,568
Sept / 2016 $1,115 $1,737
May / 2016 $1,094 $1,721
Jan / 2016 $1,062 $1,618
Sept / 2015 $1,038 $1,624
May / 2015 $1,042 $1,559
Jan / 2015 $1,012 $1,540
/

Downtown Memphis, Memphis, TN Households

  • Total Number of Households4,808
  • Family 1,791
    Non-family 3,017
  • Children 921
    No Children 3,887
  • Average People Per Household1.85
  • Median Household Income$18,275
  • Median Housing Costs Per Month$605

Downtown Memphis, Memphis, TN Education Statistics

  • No High School3%
  • Some High School33%
  • Some College16%
  • Associate Degree4%
  • Bachelor Degree25%
  • Graduate Degree18%

Renting a 3 bedroom apartment in Downtown Memphis, Memphis, TN

You’re starting a new chapter in your life and you’re looking for rent. Whether your family is expanding, or you are moving away for college and you’re afraid that living by yourself could get a bit lonely, in Downtown Memphis, Memphis, TN you can find excellent 3 bedroom apartments for rent. The average size for a 3 bedroom unit is about 1,192 Sqft, but you don’t even have to give up space for a good deal, because there are plenty of options to choose from. That means that you will never have to complain about not having enough space to store your gadgets, wardrobe or your infinite collection of books. Sure, rents can get pretty high. Some Downtown Memphis, Memphis, TN apartments rent for as much as $6,902, and offer many extra amenities and higher quality features.

Cheap three bedroom apartments that won’t empty your wallet

Needless to say, it makes sense that the monthly rent for furnished units located in newer buildings tends to be higher, but there are still plenty of cheap 3 bedroom apartments that rent for as little as $519. A big apartment doesn’t have to put a hole in your wallet. By doing a smart search and applying filters, you can find the right property and even put some money aside. Downtown Memphis, Memphis, TN is a great place to live that offers something for every age and stage in life, be it good schools and easy access to public transportation, or entertainment and leisure opportunities.