3 Bedroom Apartments for Rent in Chicago, IL (4,050 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Read Article
Showing Results 1-50, Page 1 of 81

Chicago, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Chicago 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: March 27, 2025

There are currently 49291 available 3 Bedroom apartment units from neighborhoods all over Chicago, IL that range in price from $600 to $38,481. Northwest Chicago, North Lakefront and Southwest Chicago are the neighborhoods that currently have the most 3 Bedroom availability. Here is today's list of the top neighborhoods in Chicago with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Northwest Chicago1615$2,795$1,250
North Lakefront1592$3,395$1,200
Southwest Chicago1452$2,400$1,100
Downtown Chicago1220$6,108$1,695
River West660$5,812$1,200
Parc Chesnut651$6,611$1,200
South Lakefront645$2,230$1,100
Tri Taylor632$3,860$1,263
Patriot Place613$3,100$2,485
Noble Square551$4,500$1,200

Largest Available Chicago 3 Bedroom Apartments

Apartment ListingModel NameSquare FootagePriced From
1000MPH22,539 Sq Ft$12,910
3260-70 N Lake Shore DriveC42,343 Sq Ft$14,995

Cheapest Available Chicago 3 Bedroom Apartments

As of March 27, 2025 the lowest priced 3 Bedroom apartment unit in Chicago, IL is the 3 Bedroom 1 Bathroom Apartment Model starting from $1,095 at 5100-04 W Madison St in the Austin neighborhood. The second most affordable Chicago 3 Bedroom is the 3 Beds, 1 bath Model at Southland Village starting at $1,100 in the Chatham neighborhood. The average price for all 3 Bedroom apartments in Chicago is currently $4,036. Here is today’s list of the cheapest available 3 Bedroom options in Chicago:

Apartment ListingModel NamePriced From
5100-04 W Madison St3 Bedroom 1 Bathroom Apartment$1,095
Southland Village3 Beds, 1 bath$1,100
2504 W 63rd St3 Bedroom$1,125
Park ApartmentsThree Bedroom 50% AMI$1,137
4814 W Monroe3 Bedroom 1 Bathroom Apartment$1,165
7409 S Yates Blvd3 Bedroom 1 Bath Apartment$1,175
1734 E 72nd St3 Bedroom 1 Bath Apartment$1,205
6224 S Dr Martin Luther King Jr Dr3 Bedroom 2 Bath Apartment$1,205
Park Place ApartmentsThree Bedroom 50%$1,300
Ginger Ridge ApartmentsThe Oak$1,319

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Chicago Overview

Chicago is one of the largest and liveliest cities in the United States with a thriving economy, an active nightlife and some of the world's most historic buildings and landmarks making it a very popular place to call home. The school system and metropolitan offerings make Chicago one of the best places to live in the Midwest in addition to being a premiere tourist destination. The options for cheap apartments in Chicago as well as rental homes, condos, and townhomes in the area make it a renters dream come true.

Why live in Chicago, IL?

With its numerous shops and local cuisine, a bustling nightlife, a strong economy and an efficient if busy transportation system, Chicago is truly the gem of the Midwest. While school districts vary from one area to the next, Chicago is a hub for some of the world's best schools, universities and hospitals, making it an ideal place to settle down. As home to some of the leading universities in the world, Chicago offers plenty of opportunities for its residents to grow up, get an education and find work in its diverse and thriving economy.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chicago, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Chicago, IL

View MapChicago, IL Apartments MapView MapChicago, IL Rental Homes Map

Getting Around Chicago, IL

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about 3 Bedroom Chicago Apartments

What is the Cheapest apartment in Chicago with 3 Bedroom?

Currently the most affordable 3 Bedroom in Chicago is at 5100-04 W Madison St listed at $1,095.

How much is the average rent for a 3 Bedroom Chicago Apartment?

The average rent for a 3 Bedroom Apartment in Chicago is $4,036.

What is the largest available 3 Bedroom Chicago Apartment for rent?

Today's apartment with the most square footage in Chicago is a 2,539 square feet unit starting from $12,910 at 1000M.

What is the average size for Chicago 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Chicago is currently 1,472 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.