
3 Bedroom Apartments for Rent in Chicago, IL Under $5,500 (1,293 Rentals) Page 5 of 26


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2349 N Lister Ave, Unit 319

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1423 N Cleaver St, Unit 2 Front

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2452 N Southport Ave, Unit 1F

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5830 S Wabash Ave, Unit 2

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1514 W Balmoral Ave, Unit 2nd Floor

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1244 W Huron St

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1244 W Huron St

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2125 W Division St, Unit 1

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3313 S Calumet Ave

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2440 N Ashland Ave, Unit 2

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2127 W Division St, Unit 1

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1324 W Diversey Pky, Unit 3

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1044 W 18th St, Unit # 03R

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1746 N California Ave, Unit CH

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3136 N Oakley Ave, Unit 3

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1138 W Diversey Pky, Unit 3

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4707 N Albany Ave, Unit 3

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1604 W Juneway Ter

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3707 N Wilton Ave, Unit 3

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7522 N Eastlake Ter, Unit 2

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4946 N Ridgeway Ave

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7712 S Carpenter St

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2032 W Montrose Ave, Unit 3B

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1746 N California Ave, Unit 2

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1821 N Sawyer Ave, Unit 2

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2519 N Lincoln Ave, Unit B2

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6542 N Mozart St, Unit Apt.#2

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843 N Wolcott Ave

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1952 W Nelson St, Unit 1W

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6329 S Loomis Blvd, Unit 2

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540 W Aldine Ave

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872 W Lill Ave

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1901 S May St, Unit 1

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4101 N Lincoln Ave, Unit 4103

6126 S Eberhart Ave

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1322 W Grand Ave, Unit 2

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634 W Oakdale Ave

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2722 N Kimball Ave, Unit 3

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2331 N Kedzie Blvd, Unit 1

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931 W Dakin St

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540 W Aldine Ave

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2345 N Rutherford Ave, Unit FL #1

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2145 W Chicago Ave, Unit A00C

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3255 N Elston Ave, Unit 1A

4849 N Seeley Ave, Unit 1

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1454 N Kedzie Ave, Unit CH1

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5067 N Wolcott Ave, Unit 1

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1431 W Flournoy St

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1301 W Estes Ave, Unit 4
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 | $2,033 | $595 | $5,483 |
| Chicago 1 Bedroom Apartments | $2,476 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,063 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,757 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,994 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,544 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,666 | $6,700 | $10,000+ |
Explore Chicago
Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big 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 $3,757.
What is the largest available 3 Bedroom Chicago Apartment for rent?
Today's apartment with the most square footage in Chicago is a 2,569 square feet unit starting from $4,099 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 1,433 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

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.

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.

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.

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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.