3 Bedroom Apartments for Rent in Madison, IL (25 Rentals)

River Trace Townhomes

Collins Terrace Apartments

Rivers Edge Apartments

Parsons Place Apartments

422 Northridge Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

10336 Durness Dr

10732 Spring Garden Dr

933 Lebon Dr
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.
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.
Madison, IL Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $620 | $620 | $620 |
Madison 1 Bedroom Apartments | $771 | $650 | $1,500 |
Madison 2 Bedroom Apartments | $1,018 | $725 | $1,445 |
Madison 3 Bedroom Apartments | $1,318 | $991 | $1,531 |
Madison 4 Bedroom Apartments | $1,586 | $1,350 | $1,920 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Madison 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Madison, IL is found at River Trace Townhomes in the North Riverfront neighborhood and is 1,431 square feet priced from $1,495. Parsons Place Apartments in the East Saint Louis neighborhood has the second largest 3 Bedroom, which is sized at 1,205 square feet and currently listed start at $1,411. Here is today’s list of the largest available 3 Bedroom units in Madison:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
River Trace Townhomes | 3 Bedroom 1.5 Bath Townhome with Garage | 1,431 Sq Ft | $1,495 |
Parsons Place Apartments | 3 Bedroom Townhome Tax Credit*** | 1,205 Sq Ft | $1,411 |
Collins Terrace Apartments | 3 Bedroom Small | 940 Sq Ft | $991 |
Cheapest Available Madison 3 Bedroom Apartments
As of May 18, 2025 the lowest priced 3 Bedroom apartment unit in Madison, IL is the 3 Bedroom Small Model starting from $991 at Collins Terrace Apartments in the Lafayette Square neighborhood. The second most affordable Madison 3 Bedroom is the 3 Bedroom Townhome Tax Credit*** Model at Parsons Place Apartments starting at $1,411 in the East Saint Louis neighborhood. The average price for all 3 Bedroom apartments in Madison is currently $1,318. Here is today’s list of the cheapest available 3 Bedroom options in Madison:
Apartment Listing | Model Name | Priced From |
---|---|---|
Collins Terrace Apartments | 3 Bedroom Small | $991 |
Parsons Place Apartments | 3 Bedroom Townhome Tax Credit*** | $1,411 |
River Trace Townhomes | 3 Bedroom 1.5 Bath Townhome with Garage | $1,495 |
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.
Pet Friendly LifestyleMadison, IL
Ranked #10
Among cities in Illinois for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, IL Rentals by Map
See the most popular apartments and homes in Madison, IL
Getting Around Madison, IL
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Madison Apartments
How much is the average rent for a 3 Bedroom Madison Apartment?
The average rent for a 3 Bedroom Apartment in Madison is $1,318.
What is the largest available 3 Bedroom Madison Apartment for rent?
Today's apartment with the most square footage in Madison is a 1,431 square feet unit starting from $1,495 at River Trace Townhomes.
What is the average size for Madison 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Madison is currently 1,055 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.

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.