The 3RZ-FE is a 2.7 L (2,693 cc) version. Bore is 95 mm and stroke is 95 mm. Compression ratio is 9.5 to 1. Output is 150 hp (112 kW) at 4800 RPM with 177 lb·ft (240 N·m) of torque at 4000 RPM. This engine features twin, chain-driven balance shafts. It has four valves per cylinder and DOHC. Valve adjustment is by shim over bucket.

 1995–2004 Toyota Tacoma 4x4
1996–2000 Toyota 4Runner
1994–1998 Toyota T100
1995–2002 Toyota Granvia
1995-2004 Toyota Hilux
 2004-  Toyota HiAce
2001-2009 Toyota Land Cruiser
2001-? Toyota Land Cruiser Prado
1998-2002Toyota Touring Hiace