3 Bedroom Apartments for Rent in Waterloo, IL (25 Rentals)

Avion Ridge

Canyon Creek

Jefferson Townhomes

Suson Pines
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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.

Columbia Lakes Apartments

Miller Crossing Apartments & Villas

The Vineyards

Lakewood Apartments

Oakbrook Gardens

2293 Maxville Ln
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.

1954 Chippendale Ln

45 Westwood Dr

55 E Adams Dr

103 Melvin Dr

34 Louise Ln
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.

736 Union Ave

209 W Arlee Ave

27 Fahey Pl

6515 Heintz Rd

4259 Green Grove Ct

1245 New Towne Rd

2915 Coram Dr
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.
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 | $833 | $695 | $1,011 |
Waterloo 1 Bedroom Apartments | $1,019 | $414 | $1,564 |
Waterloo 2 Bedroom Apartments | $1,282 | $481 | $2,391 |
Waterloo 3 Bedroom Apartments | $1,464 | $1,130 | $2,763 |
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Waterloo, IL Local Guide
- Waterloo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Regency Woods neighborhood and is 2,799 square feet priced from $2,587. Lakewood Apartments has the second largest 3 Bedroom, which is sized at 1,131 square feet and currently listed start at $1,300. 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 | $2,587 |
Lakewood Apartments | 3A | 1,131 Sq Ft | $1,300 |
Jefferson Townhomes | Three Bedroom Townhome | 150 Sq Ft | $1,150 |
Cheapest Available Waterloo and Nearby 3 Bedroom Apartments
As of July 31, 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 $1,464. 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 | $1,150 |
Lakewood Apartments | 3A | $1,375 |
Miller Crossing Apartments & Villas | 3 Bedroom Villa | $2,587 |
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.
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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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 $1,464.
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 $2,587 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 1,278 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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.