
3 Bedroom Apartments for Rent in Island Lake, IL (30 Rentals)


2428 Fen View Cir

Lakewood Village

Enclave Crystal Lake Townhomes and Apartments

The Schoolhouse Apartments

Water's Edge

The Church Street Apartments
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.

Springs at Three Oaks

Oakbrook Estates- Senior 55+ Community

Tuckaway Townhomes

The Blake at Fox River

Taylor Place

Brandy Drive Apartments

Fawn Ridge Apartments
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.

Rosewood Round Lake

3206 S Waterview Ave

1712 Blue Island Dr

2610 S Elmkirk Park

2612 South St

2554 Evergreen Cir

619 Cary Woods Cir
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

534 Cary Woods Cir

3210 Vista Terrace

2930 Glacier Way

601 Blue Springs Dr

1005 Larkdale Row

2910 Killarney Dr

5 Saville Row
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.

Savannah

Lakeside Condominiums
Island Lake, IL Local Guide

How much does it cost to rent an apartment in Island Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Lake Studio Apartments | $1,566 | $1,552 | $1,610 |
| Island Lake 1 Bedroom Apartments | $1,676 | $576 | $2,515 |
| Island Lake 2 Bedroom Apartments | $2,238 | $691 | $3,247 |
| Island Lake 3 Bedroom Apartments | $2,801 | $1,257 | $3,662 |
Browse Top Apartments in Island Lake
See all Apartments in Island LakeExplore Island Lake
Island Lake, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Island Lake and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Island Lake, IL is found at Water's Edge in the Park Place neighborhood and is 2,187 square feet priced from $3,474. The Schoolhouse Apartments in the Arrowhead neighborhood has the second largest 3 Bedroom, which is sized at 1,500 square feet and currently listed start at $2,400. Here is today’s list of the largest available 3 Bedroom units in Island Lake:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Water's Edge | The Marina | 2,187 Sq Ft | $3,474 |
| The Schoolhouse Apartments | 3 Bedroom | 1,500 Sq Ft | $2,400 |
| Springs at Three Oaks | 3GO | 3 BR Grand Overlook | 1,454 Sq Ft | $2,427 |
| Tuckaway Townhomes | 3 Bedroom Townhome | 1,401 Sq Ft | $1,801 |
| The Blake at Fox River | Beaumont | 1,293 Sq Ft | $2,235 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 1,200 Sq Ft | $1,500 |
Cheapest Available Island Lake and Nearby 3 Bedroom Apartments
As of May 25, 2026 the lowest priced 3 Bedroom apartment unit in Island Lake, IL is the Champion Single Wide Model starting from $1,700 at Oakbrook Estates- Senior 55+ Community in the East Suburban McHenry neighborhood. The second most affordable Island Lake 3 Bedroom is the 3 Bedroom Townhome Model at Tuckaway Townhomes starting at $1,801 in the Lincoln Hills neighborhood. The average price for all 3 Bedroom apartments in Island Lake is currently $2,801. Here is today’s list of the cheapest available 3 Bedroom options in Island Lake:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | $1,700 |
| Tuckaway Townhomes | 3 Bedroom Townhome | $1,801 |
| The Blake at Fox River | Beaumont | $2,235 |
| The Schoolhouse Apartments | 3 Bedroom | $2,400 |
| Springs at Three Oaks | 3GO | 3 BR Grand Overlook | $2,427 |
| Water's Edge | The Marina | $3,474 |
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Island Lake, IL Rentals by Map
See the most popular apartments and homes in Island Lake, IL
Frequently Asked Questions about 3 Bedroom Island Lake Apartments
How much is the average rent for a 3 Bedroom Island Lake Apartment?
The average rent for a 3 Bedroom Apartment in Island Lake is $2,801.
What is the largest available 3 Bedroom Island Lake Apartment for rent?
Today's apartment with the most square footage in Island Lake is a 2,187 square feet unit starting from $3,474 at Water's Edge.
What is the average size for Island Lake 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Island Lake is currently 1,928 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.
Articles, How-To's, and Tips

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.

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.

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.

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.