Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $865 (175 Rentals)

7131-45 S Yates Blvd

Southland Village

6054 S Michigan Ave

5435 W North Ave

Park Douglas

4411 S Sacramento Ave, Unit 2
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

2635 W 23rd Pl, Unit 2

Ivy Park Homes

6000 S Rockwell St

2628 S Kedzie Ave

7927 S Parnell Ave

6738 S Prairie Ave

7644 S Normal Ave

650 W 61st St, Unit 1st floor

7725 S East End Ave, Unit 2nd floor

2644 W Cermak Rd, Unit 1

1446 S Karlov Ave, Unit #1

650 W 61st St

5321 S Damen Ave

Lake Grove Village

5659 W North Ave

10121 S State St

4308 W Lexington St, Unit 3 Floor

6630 S Ingleside Ave, Unit 2

1017 N Hamlin Ave, Unit 2

6823 S Evans Ave

3515 W McLean Ave

7800 S Marshfield Ave

4410 S Christiana Ave, Unit 2

4638 S St Lawrence Ave

6157 S Washtenaw Ave

6607 S Marquette Rd

6221 S May St

8236 S Ellis Ave

7955 S Manistee Ave

5619 S Indiana Ave

818 W 33rd Pl, Unit Apartment 1st floor

4525 S Christiana Ave, Unit First floor

718 W 50th St

5459 N Spaulding Ave

939 S Western Ave, Unit 3

7646 S Phillips Ave, Unit 3

5845 S Princeton Ave
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chicago Studio Apartments | $2,105 | $532 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,636 | $750 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,335 | $900 | $10,000+ |
Chicago 3 Bedroom Apartments | $4,063 | $865 | $10,000+ |
Chicago 4 Bedroom Apartments | $2,981 | $996 | $10,000+ |
Chicago 5 Bedroom Apartments | $3,987 | $1,500 | $6,200 |
Chicago 6 Bedroom Apartments | $4,800 | $4,800 | $4,800 |
Explore Chicago
Chicago, IL Local Guide
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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.
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 Cheap Chicago Apartments
What is the Cheapest Studio apartment in Chicago?
Currently the most affordable Cheap Studio Apartment in Chicago is at Southland Village listed at $1,100.
How much is rent for a Cheap One Bedroom Chicago Apartment?
The lowest price for a Cheap One Bedroom Chicago Apartment is $1,100 at Southland Village.
What is the lowest price for a Cheap Two Bedroom Chicago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chicago is starting from $1,100 at Southland Village.
What is the most affordable Chicago Three Bedroom Apartment?
The best deal on a cheap Chicago Three Bedroom Apartment rental is at Southland Village and starts from $1,100.
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.

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.

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.