3 Bedroom Apartments for Rent in Downtown Memphis, Memphis, TN
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Rent specials Only 3 units left3 bd $2,556+Base rent4.5 (1)67 Madison Ave., Memphis, TN 38103Apply online • Pet friendly • Parking
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Only 1 unit leftAsk for pricing1085 Peabody #101, Memphis, TN 38104Apply online
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Ask for pricing4.5 (41)70 S 4Th St., Memphis, TN 38103Pet friendly • Parking • Fitness center
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Ask for pricingIncome restricted3.5 (12)138 St Paul Avenue, Memphis, TN 38126Pet friendly
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3 bd $3,640Base rent83 Asphodel Drive, Memphis, TN 38103Pet friendly • Dishwasher • Patio/Balcony
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More Rentals Near Downtown Memphis, Memphis, TN
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Only 3 units left3 bd $2,293+Base rent4.0 (5)300 Grand Island Dr, Memphis, TN 38103Apply online • Pet friendly • Parking
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Only 2 units left3 bd $2,195+Base rent4.5 (25)671 Harbor Edge Drive, Memphis, TN 38103Apply online • Pet friendly • Dishwasher
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Ask for pricing4.5 (29)1350 Concourse Avenue, Suite 750, Memphis, TN 38104Pet friendly • Air conditioner • Washer/Dryer
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Rent specials 4 units available3 bd $2,235+Total monthly cost4.5 (10)205 Pasadena Place, Memphis, TN 38104Apply online • Pet friendly • Fitness center
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Rent specials Only 1 unit left3 bd $3,300Base rent645 North Front Street, Memphis, TN 38107Apply online • Pet friendly • Dishwasher
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3 bd $1,295Base rent Income restricted3.5 (2)198 North Pauline Street, Memphis, TN 38105-4000Pet friendly • Fitness center • Pool
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3 bd $1,399+Base rent4.0 (2)262 Chelsea Avenue, Memphis, TN 38107Dishwasher • Washer/Dryer
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Only 2 units left3 bd $2,547+Total monthly cost1298 Mt Hope Dr, Memphis, TN 38103Apply online • Pet friendly
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4 units available3 bd $1,955+Total monthly cost1445 River Estates Dr, Memphis, TN 38103Apply online • Pet friendly
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Ask for pricingIncome restricted1395 Pennsylvania St., Memphis, TN 38106Extra Storage • Public Transportation
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Rent specials3 bd $3,000Base rent1912 Poplar Ave., Memphis, TN 38104Pet friendly • Air conditioner
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Ask for pricing1440 Island Park Drive, Memphis, TN 38103Pet friendly • Washer/Dryer • Fireplace
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Ask for PricingIncome restricted4.0 (26)203 Red Oak Drive East, Memphis, TN 38112-4616Fitness center • In unit laundry • Air conditioner
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Ask for PricingIncome restricted3.5 (7)2801 Raja Drive, Memphis, TN 38127-7919In unit laundry • Air conditioner • Wheelchair Access
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Ask for PricingIncome restricted3.5 (15)2848 Green Terrace Drive #1, Memphis, TN 38127-8118In unit laundry • Air conditioner
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3 bd $2,300Base rent1347 Harbert Ave, Memphis, TN 38104Pet friendly • Dishwasher • Washer/Dryer
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3 bd $2,600Base rent1054 Island Place East, Memphis, TN 38103Dishwasher • Patio/Balcony • Washer/Dryer
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3 bd $1,800Base rent753 North Mclean Boulevard, Memphis, TN 38107Dishwasher • Washer/Dryer
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Frequently asked questions
What is the price range for a 3-bedroom apartment in Downtown Memphis, Memphis, TN?
The price range for a 3-bedroom apartment in Downtown Memphis, Memphis, TN is between $2,556 and $3,640.
How many 3 bedroom apartments for rent are available in Downtown Memphis, Memphis, TN on RentCafe?
There are 7 3 bedroom rentals available on RentCafe. Prices and availability in Downtown Memphis, Memphis, TN were last updated on 2 Aug 2026.
What is the average size of a 3 bedroom apartment in Downtown Memphis, Memphis, TN?
The average Downtown Memphis, Memphis, TN 3 bedroom apartment size is 1,270 sq. ft.
What are the advantages of renting a 3 bedroom apartment in Downtown Memphis, Memphis, TN?
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
What are the downsides of renting a 3 bedroom apartment in Downtown Memphis, Memphis, TN?
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.
Renting a 3 bedroom apartment in Downtown Memphis, Memphis, TN
Looks like you’ve already found the neighborhood you want to live in. You think Downtown Memphis, Memphis, TN is the perfect place for you to be in and we think you made a good choice. Now you need to choose an apartment that matches your lifestyle. It doesn’t just boil down to the number of bedrooms or if there’s a dining room, the building amenities are equally important. If you like to invite over other couples for a delicious BBQ and a beer, then it certainly helps if the building has a BBQ area. If you’re a morning person, why not enjoy a delicious omelet with some hot, dark coffee on your balcony every weekend. Maybe your world revolves around fitness, and you like to kick-start even your toughest weekdays with a morning workout. In this case a building with a gym would be ideal, as you’d rather walk up 10 flights of stairs than drive a car for 10 blocks to get to your gym. Moving is the perfect opportunity to make life a little bit sweeter and more convenient. With our 39 available units in Downtown Memphis, Memphis, TN we’re here to help you find the perfect place to call home. Whether you’d like a BBQ area, balcony or a gym you can select it in the filters section.
Tools and tips to help you find cheap apartments in Downtown Memphis, Memphis, TN
In today’s market, good deals are not a dime a dozen. The average price for renting an apartment in Downtown Memphis, Memphis, TN is $2,439, but prices can climb as high as $4,322. There are a couple of things to consider when renting: location, square footage, quality of finishes and price. If you are willing to overlook one criteria, you may get a bit more for your money. You and only you can make a decision. Where we come in, is showing you how to track down the cheap ones from the 25 listings for rent in Downtown Memphis, Memphis, TN. The hunt for cheap 3 bedroom apartments can be as easy as opening an e-mail if you follow our advice. While searching for apartments in Downtown Memphis, Memphis, TN, select in the filters section your must-haves and sort the results by price. Then click Save Search and type in your e-mail address. You will receive a customized selection of apartments as they become available.