3 Bedroom Apartments for Rent in Chicago, IL Under $1,200 (50 Rentals)

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The Letterman
$1,109 - $1,389

Total Monthly Price

Base Rent$1,080 - $2,195

Total Monthly Price$1,080 - $2,195
3 Bedroom Apartments Available Now

The Letterman

410 S Morgan StChicago, IL 60607
Student Housing
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336 W Marquette
3 Bedroom Apartments

336 W Marquette

336-342 W Marquette RdChicago, IL 60621

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

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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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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Ohio Commons
3 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
  • Utilities Included

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

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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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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1860 S Komensky
3 Bedroom Apartments

1860 S Komensky

1860 S Komensky AveChicago, IL 60623
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11250 S Indiana
3 Bedroom Apartments

11250 S Indiana

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

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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Gray Apartments
3 Bedroom Apartments

Gray Apartments

6947 S Peoria StChicago, IL 60621
  • 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
  • Utilities Included

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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3020 178th St
3 Bedroom Apartments

3020 178th St

3020 178th StLansing, IL 60438
  • Utilities Included
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136 E 155th
3 Bedroom Apartments

136 E 155th

136 E 155th StHarvey, IL 60426
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41 E 156th St
3 Bedroom Apartments

41 E 156th St

41 E 156th StHarvey, IL 60426

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Chicago, IL Local Guide

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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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 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 $3,685.

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

Today's apartment with the most square footage in Chicago is a 2,647 square feet unit starting from $3,999 at Galewood Residences.

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

The average size for a 3 Bedroom rental in Chicago is currently 1,471 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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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

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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.