3 Bedroom Apartments for Rent in Chicago, IL Under $4,000 (1,092 Rentals)

North Oak Lofts

Fisher Building Apartments

Arrive LEX

Sheffield of Lincoln Park
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.

731 Plymouth by 3L Living

Belmont Tower Apartments

The Bryn - 5600 N Sheridan Rd

River City Apartments

Sedgwick Apartments

The Letterman Chicago - West Loop Apartments

1752 W 18th Pl

5326-5336 S. Greenwood Avenue

1338 W Cullerton St
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.

Marine Terrace Apartments

5135-45 S. Ingleside

3030 N Sheridan Rd

3912-28 N. Pine Grove

7251 at Waters Edge Apartment Homes

4700 Lake Park Apartments

The Trilogy at Hyde Park
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.

Hyde Park West

Ivy Park Homes

Lake Grove Village

2124 S Halsted St, Unit 3
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

2850 N. Clark Street Apartments

520 W. Stratford Place

1321 E. 57th St

2415-2417 W Birchwood Ave

Discover Comfortable Living at Barry Quad!

3030 S Princeton

4326 N Kenmore Ave

5320-5326.5 S. Drexel Boulevard
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chicago Studio Apartments | $2,039 | $532 | $9,059 |
Chicago 1 Bedroom Apartments | $2,605 | $650 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,233 | $950 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,844 | $655 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,694 | $875 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,053 | $900 | $6,995 |
Chicago 6 Bedroom Apartments | $4,885 | $1,600 | $6,595 |
Explore Chicago

Chicago, IL Local Guide
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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.
Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
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 Chicago Apartments
What is the Cheapest apartment in Chicago with 3 Bedroom?
Currently the most affordable 3 Bedroom in Chicago is at Park Place Apartments listed at $1,300.
How much is the average rent for a 3 Bedroom Chicago Apartment?
The average rent for a 3 Bedroom Apartment in Chicago is $3,844.
What is the largest available 3 Bedroom Chicago Apartment for rent?
Today's apartment with the most square footage in Chicago is a 3,000 square feet unit starting from $4,075 at 1042 S Oakley Blvd Apartments.
What is the average size for Chicago 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Chicago is currently 1,403 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.

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.

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.