
3 Bedroom Apartments for Rent in Waterloo, IL (31 Rentals)


315 Hannah Dr

Covington Place Apartments

Avion Ridge

Jefferson Townhomes

Canyon Creek

Columbia Lakes 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.

Miller Crossing Apartments & Villas

The Vineyards

Lakewood Apartments

Oakbrook Gardens

Suson Pines

47 St Henry Dr

327 Sauget Ave
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.

1 Dora Dr

14 W Adams Dr

6 Delores Dr

210 Elm St

1107 Bristow St

504 Draco Dr

1511 Andrews Dr
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

23 Delores Dr

404 S 23rd St

2365 Ida Ln

2018 San Pedro Dr

301 W Laurel St

5147 Mild Dr

2336 Hempline Ct
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.

6 Sandwedge Dr

Pevely Pointe

Autumn View Townhouses
Waterloo, IL Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $763 | $695 | $849 |
| Waterloo 1 Bedroom Apartments | $1,063 | $386 | $1,949 |
| Waterloo 2 Bedroom Apartments | $1,306 | $440 | $2,399 |
Waterloo 3 Bedroom Apartments | $1,499 | $1,130 | $2,579 |
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Waterloo, IL Local Guide
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Waterloo 3 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: July 08, 2026There are currently 1 available 3 Bedroom apartment units in Waterloo, IL neighborhoods that range in price from $1,400 to $1,400. Heres is today's list of the top neighborhoods in Waterloo with the most available 3 Bedroom apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Outlying Monroe County | 1 | $1,400 | $1,400 |
Largest Available Waterloo and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Waterloo, IL is found at Miller Crossing Apartments & Villas in the Arnold neighborhood and is 2,799 square feet priced from $2,579. Covington Place Apartments in the Green Park neighborhood has the second largest 3 Bedroom, which is sized at 1,800 square feet and currently listed start at $1,538. Here is today’s list of the largest available 3 Bedroom units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Miller Crossing Apartments & Villas | 3 Bedroom Villa | 2,799 Sq Ft | $2,579 |
| Covington Place Apartments | 3 Bedroom and 2 Bathroom | 1,800 Sq Ft | $1,538 |
| Lakewood Apartments | 3A | 1,131 Sq Ft | $1,300 |
| Jefferson Townhomes | Three Bedroom Townhome | 150 Sq Ft | $1,180 |
Cheapest Available Waterloo and Nearby 3 Bedroom Apartments
As of July 08, 2026 the lowest priced 3 Bedroom apartment unit in Waterloo, IL is the Three Bedroom Townhome Model starting from $1,180 at Jefferson Townhomes in the Lemay neighborhood. The second most affordable Waterloo 3 Bedroom is the 3A Model at Lakewood Apartments starting at $1,400 in the Regency Woods neighborhood. The average price for all 3 Bedroom apartments in Waterloo is currently $1,499. Here is today’s list of the cheapest available 3 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Jefferson Townhomes | Three Bedroom Townhome | $1,180 |
| Lakewood Apartments | 3A | $1,400 |
| Covington Place Apartments | 3 Bedroom and 2 Bathroom | $1,538 |
| Miller Crossing Apartments & Villas | 3 Bedroom Villa | $2,579 |
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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Best Local Schools in Waterloo, IL
Rogers Elementary School
Waterloo High School
Waterloo Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $1,499.
What is the largest available 3 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 2,799 square feet unit starting from $2,579 at Miller Crossing Apartments & Villas.
What is the average size for Waterloo 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Waterloo is currently 1,407 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

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.