3 Bedroom Apartments for Rent in Chicago, IL (4,148 Rentals)

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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

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Chicago, IL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Chicago 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: May 03, 2025

There are currently 4285 available 3 Bedroom apartment units from neighborhoods all over Chicago, IL that range in price from $725 to $38,481. North Lakefront, Southwest Chicago and Northwest 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
North Lakefront246$3,300$725
Southwest Chicago236$2,445$900
Northwest Chicago215$2,800$725
South Lakefront124$2,317$1,100
Downtown Chicago123$5,045$900
Tri Taylor90$3,475$900
River West67$5,318$900
Lakeview66$3,595$800
Logan Square65$2,847$725
Northalsted64$3,550$800

Largest Available Chicago 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Chicago, IL is found at 1042 S Oakley Blvd Apartments in the Lower West Side neighborhood and is 3,000 square feet priced from $4,075. Residences at 8 East Huron in the Magnificent Mile neighborhood has the second largest 3 Bedroom, which is sized at 2,550 square feet and currently listed start at $11,495. Here is today’s list of the largest available 3 Bedroom units in Chicago:

Apartment ListingModel NameSquare FootagePriced From
1042 S Oakley Blvd Apartments3 Bedroom3,000 Sq Ft$4,075
Residences at 8 East Huron3 Bed / 3.5 Bath2,550 Sq Ft$11,495
1000MPH22,539 Sq Ft$12,910

Cheapest Available Chicago 3 Bedroom Apartments

As of May 03, 2025 the lowest priced 3 Bedroom apartment unit in Chicago, IL is the Three Bedroom 50% Model starting from $1,300 at Park Place Apartments in the Garfield Ridge neighborhood. The second most affordable Chicago 3 Bedroom is the The Oak Model at Ginger Ridge Apartments starting at $1,319 in the North River neighborhood. The average price for all 3 Bedroom apartments in Chicago is currently $3,782. Here is today’s list of the cheapest available 3 Bedroom options in Chicago:

Apartment ListingModel NamePriced From
Park Place ApartmentsThree Bedroom 50%$1,300
Ginger Ridge ApartmentsThe Oak$1,319
6101 S Langley3 Bedroom 1 Bath Apartment$1,415
701 S Karlov Ave3 Bedroom 1 Bath Apartment$1,420
Harbor Point EstatesNew Champion Homes$1,450
418-24 S Laramie Ave3 Bedroom 2 Bathroom Apartment$1,465

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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

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See the most popular apartments and homes in Chicago, IL

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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 Park Place Apartments listed at $1,300.

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

The average rent for a 3 Bedroom Apartment in Chicago is $3,782.

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

Today's apartment with the most square footage in Chicago is a 3,000 square feet unit starting from $4,075 at 1042 S Oakley Blvd Apartments.

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

The average size for a 3 Bedroom rental in Chicago is currently 1,442 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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.