Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $883 (268 Rentals) Page 3 of 6

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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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Ohio Commons
3 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
  • Utilities Included
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6700 S Merrill Ave
3 Bedroom Apartments

6700 S Merrill Ave

6700 S Merrill AveChicago, IL 60649
  • Utilities Included
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7700 S Phillips Ave
3 Bedroom Apartments

7700 S Phillips Ave

7700 S Phillips AveChicago, IL 60649
Senior Living
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1860 S Komensky
3 Bedroom Apartments

1860 S Komensky

1860 S Komensky AveChicago, IL 60623
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336 W Marquette
3 Bedroom Apartments

336 W Marquette

336-342 W Marquette RdChicago, IL 60621
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362 E 60th St
3 Bedroom Apartments

362 E 60th St

362 E 60th StChicago, IL 60637
  • Utilities Included
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11250 S Indiana
3 Bedroom Apartments

11250 S Indiana

11250-11256 S Indiana AveChicago, IL 60628
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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5040 W Quincy St
3 Bedroom Apartments

5040 W Quincy St

5040 W Quincy StChicago, IL 60644
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8000 S Drexel
3 Bedroom Apartments

8000 S Drexel

8000-8004 S Drexel AveChicago, IL 60619
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5609 S Michigan Ave
3 Bedroom Apartments

5609 S Michigan Ave

5609 S Michigan AveChicago, IL 60637
  • Utilities Included
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5100 W Madison
3 Bedroom Apartments

5100 W Madison

5100-5104 W Madison StChicago, IL 60644
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Gray Apartments
3 Bedroom Apartments

Gray Apartments

6947 S Peoria StChicago, IL 60621
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Lawndale Apartments
3 Bedroom Apartments

Lawndale Apartments

3206 W Douglas BlvdChicago, IL 60623
  • Utilities Included
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7034 S Claremont
3 Bedroom Apartments

7034 S Claremont

7034 S Claremont AveChicago, IL 60636
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Oak Park Apartments
3 Bedroom Apartments

Oak Park Apartments

5959 W West End AveChicago, IL 60644
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6401 S Maplewood
3 Bedroom Apartments

6401 S Maplewood

6401 S Maplewood AveChicago, IL 60629
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705 S Lawndale
3 Bedroom Apartments

705 S Lawndale

705 S Lawndale AveChicago, IL 60624
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2900 E 91st
3 Bedroom Apartments

2900 E 91st

2900 E 91st StChicago, IL 60617
  • Utilities Included

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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6800 S Dorchester Ave
3 Bedroom Apartments

6800 S Dorchester Ave

6800 S Dorchester AveChicago, IL 60637
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212 E 69th
3 Bedroom Apartments

212 E 69th

212 E 69th PlChicago, IL 60637
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215 E 68th
3 Bedroom Apartments

215 E 68th

215 E 68th StChicago, IL 60637
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10901 S Vernon
3 Bedroom Apartments

10901 S Vernon

10901-10911 S Vernon AveChicago, IL 60628
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1415 W 80th
3 Bedroom Apartments

1415 W 80th

8001 S Bishop StChicago, IL 60620
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6356 S Francisco
3 Bedroom Apartments

6356 S Francisco

6354-6358 S Francisco AveChicago, IL 60629
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8057 S Laflin
3 Bedroom Apartments

8057 S Laflin

8057 S Laflin StChicago, IL 60620
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963 E 84th St
3 Bedroom Apartments

963 E 84th St

963 E 84th StChicago, IL 60619
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1415-25 W 80th
3 Bedroom Apartments

1415-25 W 80th

1401 W 80th StChicago, IL 60620
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Chicago, IL Area Reviews

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Nicole4+ 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 Cheap Chicago Apartments

What is a cheap apartment in Chicago?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago is under $726.

What is the price of a cheap apartment in Chicago?

The cheapest apartment in Chicago is Coleman Place At Legends South which is listed at $170, while the average apartment in Chicago costs $2,323.

What types of apartments are the cheapest in Chicago?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2,721 regular apartments in Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Chicago?

Cheap apartments in Chicago have an average cost of $472 which is $1,851 cheaper than the average rent for all rentals in Chicago.

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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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.