3 Bedroom Apartments for Rent in University Park, IL (43 Rentals)

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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.

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property at 3719 216th Pl

3719 216th Pl

MattesonIL60443

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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136 E 155th ST
3 Bedroom Apartments

136 E 155th ST

136 E 155th StHarvey, IL 60426
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Cedar Ridge Apartments
3 Bedroom Apartments

Cedar Ridge Apartments

950 Cedar Ridge LnRichton Park, IL 60471
Senior Living
  • Utilities Included
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Autumn Ridge
3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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15805 Peggy Lane
3 Bedroom Apartments

15805 Peggy Lane

15805 Peggy LnOak Forest, IL 60452
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Maple Brook
3 Bedroom Apartments

Maple Brook

21635 Ridgeland DrMatteson, IL 60443
Senior Living
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22429 Karlov Ave
3 Bedroom Apartments

22429 Karlov Ave

22429 Karlov AveRichton Park, IL 60471
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22425 Karlov Ave
3 Bedroom Apartments

22425 Karlov Ave

22425 Karlov AveRichton Park, IL 60471
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University Park, IL Local Guide

Largest Available University Park 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in University Park, IL is found at Manors at Brookmere in the Southwick Courtyards neighborhood and is 1,459 square feet priced from $3,020. Oakwood Townhomes in the Indian Hill neighborhood has the second largest 3 Bedroom, which is sized at 1,347 square feet and currently listed start at $1,820. Here is today’s list of the largest available 3 Bedroom units in University Park:

Apartment ListingModel NameSquare FootagePriced From
Manors at BrookmereGoddard - 3 Bed 2.5 Bath1,459 Sq Ft$3,020
Oakwood Townhomes3 Bedroom1,347 Sq Ft$1,820
Chelsea Garden3 Beds, 2 baths1,178 Sq Ft$1,800
Olympic Village ApartmentsThe Willow1,097 Sq Ft$1,545
Bernice HomesThree Bedroom Home1,000 Sq Ft$1,600
Matteson Blu3 Bedrooms, 1.5 Bathrooms950 Sq Ft$2,540

Cheapest Available University Park 3 Bedroom Apartments

As of May 12, 2025 the lowest priced 3 Bedroom apartment unit in University Park, IL is the The Willow Model starting from $1,545 at Olympic Village Apartments in the Indian Hill neighborhood. The second most affordable University Park 3 Bedroom is the Three Bedroom Home Model at Bernice Homes starting at $1,600 in the North River neighborhood. The average price for all 3 Bedroom apartments in University Park is currently $1,843. Here is today’s list of the cheapest available 3 Bedroom options in University Park:

Apartment ListingModel NamePriced From
Olympic Village ApartmentsThe Willow$1,545
Bernice HomesThree Bedroom Home$1,600
Chelsea Garden3 Beds, 2 baths$1,800
Oakwood Townhomes3 Bedroom$1,820
Matteson Blu3 Bedrooms, 1.5 Bathrooms$2,540
Manors at BrookmereGoddard - 3 Bed 2.5 Bath$3,020

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.

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

Explore University Park, IL Rentals by Map

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See the most popular apartments and homes in University Park, IL

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Getting Around University Park, IL

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 University Park Apartments

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

The average rent for a 3 Bedroom Apartment in University Park is $1,843.

What is the largest available 3 Bedroom University Park Apartment for rent?

Today's apartment with the most square footage in University Park is a 1,459 square feet unit starting from $3,020 at Manors at Brookmere.

What is the average size for University Park 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in University Park is currently 1,108 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.

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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.

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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.

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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.