3 Bedroom Apartments for Rent near Knollwood, IL (33 Rentals)

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Lake Forest Lofts
3 Bedroom Apartments

Lake Forest Lofts

1401 N Western AveLake Forest, IL 60045

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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Showing Results 1-33, Page 1 of 1

Knollwood, IL Local Guide

Largest Available Knollwood and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Knollwood, IL is found at The Oaks Of Vernon Hills in the South Vernon Hills neighborhood and is 1,800 square feet priced from $4,199. Eleven 5 Lake in the Downtown Libertyville neighborhood has the second largest 3 Bedroom, which is sized at 1,724 square feet and currently listed start at $3,695. Here is today’s list of the largest available 3 Bedroom units in Knollwood:

Apartment ListingModel NameSquare FootagePriced From
The Oaks Of Vernon HillsHawthorn - Townhome1,800 Sq Ft$4,199
Eleven 5 LakeE5N1,724 Sq Ft$3,695
Springs at Mundelein3 BR Grand Overlook1,384 Sq Ft$3,060
705 S Milwaukee Ave3 Bedroom 2 Bath1,200 Sq Ft$2,400

Cheapest Available Knollwood and Nearby 3 Bedroom Apartments

As of August 17, 2026 the lowest priced 3 Bedroom apartment unit in Knollwood, IL is the 3 Bedroom 2 Bath Model starting from $2,400 at 705 S Milwaukee Ave in the Central Vernon Hills neighborhood. The second most affordable Knollwood 3 Bedroom is the 3 BR Grand Overlook Model at Springs at Mundelein starting at $3,060 . The average price for all 3 Bedroom apartments in Knollwood is currently $3,901. Here is today’s list of the cheapest available 3 Bedroom options in Knollwood:

Apartment ListingModel NamePriced From
705 S Milwaukee Ave3 Bedroom 2 Bath$2,400
Springs at Mundelein3 BR Grand Overlook$3,060
Eleven 5 LakeE5N$3,695
The Oaks Of Vernon HillsHawthorn - Townhome$4,199

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about 3 Bedroom Knollwood Apartments

What is the Cheapest apartment in Knollwood with 3 Bedroom?

Currently the most affordable 3 Bedroom in Knollwood is at 705 S Milwaukee Ave listed at $2,400.

How much is the average rent for a 3 Bedroom Knollwood Apartment?

The average rent for a 3 Bedroom Apartment in Knollwood is $3,901.

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

Today's apartment with the most square footage in Knollwood is a 1,800 square feet unit starting from $4,199 at The Oaks Of Vernon Hills.

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

The average size for a 3 Bedroom rental in Knollwood is currently 1,461 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

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.