3 Bedroom Apartments for Rent in Madison, IL (33 Rentals)

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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.

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.

property at 933 Lebon Dr

933 Lebon Dr

St. LouisMO63137
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Sinai Villages Homes
3 Bedroom Apartments

Sinai Villages Homes

1430 Martin Luther King DrEast St. Louis, IL 62201
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10060 Stimson Dr
3 Bedroom Apartments

10060 Stimson Dr

10060 Stimson DrSt. Louis, MO 63137
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10400 Lilac Ave
3 Bedroom Apartments

10400 Lilac Ave

10400 Lilac AveSt. Louis, MO 63137
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10600 Dunkeld Cir
3 Bedroom Apartments

10600 Dunkeld Cir

10600 Dunkeld CirSt. Louis, MO 63137

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.

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212 Coburg Dr
3 Bedroom Apartments

212 Coburg Dr

212 Coburg DrSt. Louis, MO 63137
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2445 Stratford Ln
3 Bedroom Apartments

2445 Stratford Ln

2445 Stratford LnGranite City, IL 62040
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2041 Edison Ave
3 Bedroom Apartments

2041 Edison Ave

2041 Edison AveGranite City, IL 62040
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2400 Grand
3 Bedroom Apartments

2400 Grand

2400 GrandGranite City, IL 62040

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.

Madison, IL Local Guide

Largest Available Madison 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Madison, IL is found at River Trace Townhomes in the North Riverfront neighborhood and is 1,431 square feet priced from $1,495. Parsons Place Apartments in the East Saint Louis neighborhood has the second largest 3 Bedroom, which is sized at 1,205 square feet and currently listed start at $1,411. Here is today’s list of the largest available 3 Bedroom units in Madison:

Apartment ListingModel NameSquare FootagePriced From
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage1,431 Sq Ft$1,495
Parsons Place Apartments3 Bedroom Townhome Tax Credit***1,205 Sq Ft$1,411
Collins Terrace Apartments3 Bedroom Med980 Sq Ft$1,027

Cheapest Available Madison 3 Bedroom Apartments

As of June 18, 2025 the lowest priced 3 Bedroom apartment unit in Madison, IL is the 3 Bedroom Small Model starting from $969 at Collins Terrace Apartments in the Lafayette Square neighborhood. The second most affordable Madison 3 Bedroom is the 3 Bedroom Townhome Tax Credit*** Model at Parsons Place Apartments starting at $1,411 in the East Saint Louis neighborhood. The average price for all 3 Bedroom apartments in Madison is currently $1,287. Here is today’s list of the cheapest available 3 Bedroom options in Madison:

Apartment ListingModel NamePriced From
Collins Terrace Apartments3 Bedroom Small$969
Parsons Place Apartments3 Bedroom Townhome Tax Credit***$1,411
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage$1,495

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.

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Pet Friendly Lifestyle
Madison, IL

Ranked #10

Among cities in Illinois for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Madison, IL Rentals by Map

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Getting Around Madison, IL

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about 3 Bedroom Madison Apartments

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

The average rent for a 3 Bedroom Apartment in Madison is $1,287.

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

Today's apartment with the most square footage in Madison is a 1,431 square feet unit starting from $1,495 at River Trace Townhomes.

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

The average size for a 3 Bedroom rental in Madison is currently 961 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.

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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.