3 Bedroom Apartments for Rent in Waterloo, IL (32 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pevely Pointe
3 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • Utilities Included

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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Showing Results 1-32, Page 1 of 1

Waterloo, IL Local Guide

Waterloo 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: November 09, 2025

There are currently 2 available 3 Bedroom apartment units in Waterloo, IL neighborhoods that range in price from $1,100 to $1,200. Heres is today's list of the top neighborhoods in Waterloo with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Outlying Monroe County2$1,150$1,100

Largest Available Waterloo and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Waterloo, IL is found at Covington Place Apartments in the Green Park neighborhood and is 1,800 square feet priced from $1,740. Canyon Creek in the River Breeze Estates neighborhood has the second largest 3 Bedroom, which is sized at 1,310 square feet and currently listed start at $1,640. Here is today’s list of the largest available 3 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
Covington Place Apartments3 Bedroom and 2 Bathroom1,800 Sq Ft$1,740
Canyon CreekDelta1,310 Sq Ft$1,640
Lakewood Apartments3A1,131 Sq Ft$1,300
Jefferson TownhomesThree Bedroom Townhome150 Sq Ft$1,150

Cheapest Available Waterloo and Nearby 3 Bedroom Apartments

As of November 09, 2025 the lowest priced 3 Bedroom apartment unit in Waterloo, IL is the Three Bedroom Townhome Model starting from $1,150 at Jefferson Townhomes in the Lemay neighborhood. The second most affordable Waterloo 3 Bedroom is the 3A Model at Lakewood Apartments starting at $1,375 in the Regency Woods neighborhood. The average price for all 3 Bedroom apartments in Waterloo is currently $1,516. Here is today’s list of the cheapest available 3 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Jefferson TownhomesThree Bedroom Townhome$1,150
Lakewood Apartments3A$1,375
Canyon CreekDelta$1,640
Covington Place Apartments3 Bedroom and 2 Bathroom$1,740

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Best Local Schools in
Waterloo, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Getting Around Waterloo, IL

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Waterloo Apartments

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

The average rent for a 3 Bedroom Apartment in Waterloo is $1,516.

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

Today's apartment with the most square footage in Waterloo is a 1,800 square feet unit starting from $1,740 at Covington Place Apartments.

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

The average size for a 3 Bedroom rental in Waterloo is currently 1,420 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.