
3 Bedroom Apartments for Rent in Waterman, IL (29 Rentals)


310 N Elm St

Eco Park

University Plaza Apartments

Cortland Estates

York Meadow

Lucinda Oaks 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.

The Terraces at Dekalb on Ridge Drive

Hunter Star Properties

Amber Manor

University Village Apartments

Ashbury Court

Colonial Townhouses

New Suburban Apartments
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.

The Terraces at Dekalb

University Heights Apartments

1275 Penny Ln

47W210 US-30

263 Bent Grass Cir

1124 Gillespie Ln

171 Willoughby Ct
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.

761 Cynthia Dr

1241 Gillespie Ln

271 Barrett Dr

940 Gillespie Ln

804 Simpson Ave

The Grove Apartments

The Terraces at Dekalb on Greenbrier Road
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.

Bristol Bay of Yorkville
Waterman, IL Local Guide

How much does it cost to rent an apartment in Waterman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterman Studio Apartments | $803 | $600 | $1,400 |
| Waterman 1 Bedroom Apartments | $1,007 | $635 | $1,578 |
| Waterman 2 Bedroom Apartments | $1,162 | $450 | $2,157 |
Waterman 3 Bedroom Apartments | $1,329 | $789 | $2,200 |
| Waterman 4 Bedroom Apartments | $1,669 | $1,295 | $2,150 |
Browse Top Apartments in Waterman
See all Apartments in WatermanExplore Waterman
Waterman, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Waterman and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Waterman, IL is found at York Meadow in the Whispering Meadows neighborhood and is 1,870 square feet priced from $2,200. Bristol Bay of Yorkville in the Blackberry Crossing West neighborhood has the second largest 3 Bedroom, which is sized at 1,724 square feet and currently listed start at $2,975. Here is today’s list of the largest available 3 Bedroom units in Waterman:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| York Meadow | 2E | 1,870 Sq Ft | $2,200 |
| Bristol Bay of Yorkville | Campania End | 1,724 Sq Ft | $2,975 |
| Amber Manor | 3 Bedroom Two Bathroom | 1,200 Sq Ft | $1,339 |
| University Heights Apartments | 3T w/ study | 1,130 Sq Ft | $1,295 |
| Cortland Estates | Three Bedroom | 1,121 Sq Ft | $1,491 |
| University Plaza Apartments | C1 Floor Plan | 755 Sq Ft | $789 |
Cheapest Available Waterman and Nearby 3 Bedroom Apartments
As of January 23, 2026 the lowest priced 3 Bedroom apartment unit in Waterman, IL is the Greenbrier Road 3 Bed Model starting from $1,025 at The Terraces at Dekalb in the Devonaire Farms neighborhood. The second most affordable Waterman 3 Bedroom is the Ridge Drive 3 Bed Model at The Terraces at Dekalb on Ridge Drive starting at $1,250 . The average price for all 3 Bedroom apartments in Waterman is currently $1,329. Here is today’s list of the cheapest available 3 Bedroom options in Waterman:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| The Terraces at Dekalb | Greenbrier Road 3 Bed | $1,025 |
| The Terraces at Dekalb on Ridge Drive | Ridge Drive 3 Bed | $1,250 |
| University Heights Apartments | 3T w/ study | $1,295 |
| Amber Manor | 3 Bedroom Two Bathroom | $1,339 |
| Cortland Estates | Three Bedroom | $1,491 |
| York Meadow | 2E | $2,200 |
| Bristol Bay of Yorkville | Campania | $2,850 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterman, IL Rentals by Map
See the most popular apartments and homes in Waterman, IL
Frequently Asked Questions about 3 Bedroom Waterman Apartments
What is the Cheapest apartment in Waterman with 3 Bedroom?
Currently the most affordable 3 Bedroom in Waterman is at The Terraces at Dekalb listed at $1,025.
How much is the average rent for a 3 Bedroom Waterman Apartment?
The average rent for a 3 Bedroom Apartment in Waterman is $1,329.
What is the largest available 3 Bedroom Waterman Apartment for rent?
Today's apartment with the most square footage in Waterman is a 1,870 square feet unit starting from $2,200 at York Meadow.
What is the average size for Waterman 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Waterman is currently 1,843 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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.