3 Bedroom Apartments for Rent in Chicago, IL (5,164 Rentals)

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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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1400 Wabash
$5,037 - $7,568
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$2,078 - $7,568
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1400 Wabash

1400 S Wabash AveChicago, IL 60605
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$6,915
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$1,924 - $13,755
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Imprint

717 S Clark StChicago, IL 60605
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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Elevate Lincoln Park
$7,061 - $13,380
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$2,478 - $13,380
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Elevate Lincoln Park

930 W Altgeld StChicago, IL 60614
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1225 Old Town
$5,864 - $6,739
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$2,395 - $6,739
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1225 Old Town

1225 N Wells StChicago, IL 60610
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State and Grand
Rent Specials
$7,929 - $7,974
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$2,905 - $7,974
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State and Grand

505 N State StChicago, IL 60654
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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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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 15, 2026

There are currently 3433 available 3 Bedroom apartment units from neighborhoods all over Chicago, IL that range in price from $883 to $38,481. Southwest Chicago, Northwest Chicago and North Lakefront 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
Southwest Chicago243$2,000$999
Northwest Chicago181$3,099$1,450
North Lakefront143$3,895$1,550
South Lakefront140$2,000$1,125
Downtown Chicago71$5,394$999
Avalon Park55$1,695$1,125
Far North Chicago55$2,800$1,650
Tri Taylor50$3,500$1,440
Armour Square49$2,500$1,450
Lakeview35$3,972$2,200

Largest Available Chicago 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Chicago, IL is found at 5567 W Van Buren St in the Austin neighborhood and is 2,875 square feet priced from $1,900. GRAND PLAZA in the Magnificent Mile neighborhood has the second largest 3 Bedroom, which is sized at 2,570 square feet and currently listed start at $5,995. Here is today’s list of the largest available 3 Bedroom units in Chicago:

Apartment ListingModel NameSquare FootagePriced From
5567 W Van Buren St3Bd/1B2,875 Sq Ft$1,900
GRAND PLAZAPenthouse 5303 (3BR/3BA)2,570 Sq Ft$5,995
Galewood ResidencesTownhome2,569 Sq Ft$4,367
Porter3 Bed/2.5 Bath Den-M2S2,394 Sq Ft$7,600
Parkline ChicagoPenthouse C2,250 Sq Ft$11,087
NevesenoH32,231 Sq Ft$7,405
The Grove Luxury TownhomesEvergreen2,200 Sq Ft$4,800
Lions Park Row3222,122 Sq Ft$4,295
1000M Apartments3B22,109 Sq Ft$8,850
Riverview Terrace3bed 2bath2,000 Sq Ft$4,650

Cheapest Available Chicago 3 Bedroom Apartments

As of May 15, 2026 the lowest priced 3 Bedroom apartment unit in Chicago, IL is the The Coleman Model starting from $170 at Coleman Place At Legends South in the Armour Square neighborhood. The second most affordable Chicago 3 Bedroom is the 3 Bedroom Model at West Haven Park II - B starting at $192 in the Little Italy neighborhood. The average price for all 3 Bedroom apartments in Chicago is currently $3,914. Here is today’s list of the cheapest available 3 Bedroom options in Chicago:

Apartment ListingModel NamePriced From
Coleman Place At Legends SouthThe Coleman$170
West Haven Park II - B3 Bedroom$192
Westhaven Park II - A3 Bedroom$239
7609 S Coles3 Bedroom 1 Bath Apartment$1,125
6933 S Indiana Chicago, IL 606373 Bedroom 1 Bath Apartment$1,130
7131-45 S Yates Blvd Chicago, IL 606493 Bedroom 1 Bath Apartment$1,190
212 E 69th3 Bedroom 1 Bath Apartment$1,250
215 E 68th3 Bedroom 1 Bath Apartment$1,255

Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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Chicago, IL Area Reviews

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Nicole • 4+ years in Chicago

April 10, 2026

Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere

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 Coleman Place At Legends South listed at $170.

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

The average rent for a 3 Bedroom Apartment in Chicago is $3,914.

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

Today's apartment with the most square footage in Chicago is a 2,875 square feet unit starting from $1,900 at 5567 W Van Buren St.

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

The average size for a 3 Bedroom rental in Chicago is currently 1,417 sq ft.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.