3 Bedroom Apartments for Rent in Waterloo, IL (30 Rentals)

Covington Place Apartments

Avion Ridge

Jefferson Townhomes

Canyon Creek

Suson Pines

Columbia Lakes Apartments
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.

Miller Crossing Apartments & Villas

The Vineyards

Lakewood Apartments

Oakbrook Gardens

105 Riverview Heights

1739 Hilltop Ln

1126 Airglades Dr
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.

2134 Willow Trace Dr

5501 White Oak Ln

630 W Adams St

4147 Garvey Dr

30 Delores Dr

34 Louise Ln

747 Chevron 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.

3311 Marbury Dr

200 Lake Forest Dr

3751 Miller Rd

4933 Countryside Dr

448 Terryville Dr

354 Burncoate Dr
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.
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 | $800 | $695 | $835 |
| Waterloo 1 Bedroom Apartments | $1,059 | $700 | $1,495 |
| Waterloo 2 Bedroom Apartments | $1,270 | $790 | $1,845 |
Waterloo 3 Bedroom Apartments | $1,612 | $1,130 | $2,481 |
Browse Top Apartments in Waterloo
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Waterloo, IL Local Guide
- Waterloo Neighborhoods
- Nearby Cities
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Waterloo 3 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: January 02, 2026There are currently 1 available 3 Bedroom apartment units in Waterloo, IL neighborhoods that range in price from $1,200 to $1,200. 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 | $1,200 | $1,200 |
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 $2,481. 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 $1,699. 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 | $2,481 |
| Covington Place Apartments | 3 Bedroom and 2 Bathroom | 1,800 Sq Ft | $1,699 |
| Canyon Creek | Delta | 1,310 Sq Ft | $1,640 |
| 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 January 02, 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 $1,375 in the Regency Woods neighborhood. The average price for all 3 Bedroom apartments in Waterloo is currently $1,612. 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 | $1,375 |
| Canyon Creek | Delta | $1,640 |
| Covington Place Apartments | 3 Bedroom and 2 Bathroom | $1,699 |
| Miller Crossing Apartments & Villas | 3 Bedroom Villa | $2,493 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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!
Explore Waterloo, IL Rentals by Map
See the most popular apartments and homes in Waterloo, IL
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 $1,612.
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 $2,481 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 1,430 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!



