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3 Bedroom Apartments for Rent in Chicago, IL - 641 Rentals available

Average Rent for 3 Bedroom apartments in Chicago, IL

  • The average rent for a 3 Bedroom apartment in Chicago, IL, April, 2018$1,795/mo
  • 1 Bedroom$1,761
  • 2 Bedrooms$2,372
  • 3 Bedrooms$2,670

Chicago, IL 3 Bedroom Apartment Rent Ranges

  • $701-$1,00012%
  • $1,001-$1,50023%
  • $1,501-$2,00016%
  • > $2,00049%

Chicago, IL 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Apr / 2018 $1,795 $2,670
May / 2017 $1,821 $2,636
Jan / 2017 $1,753 $2,502
Sept / 2016 $1,756 $2,454
May / 2016 $1,768 $2,432
Jan / 2016 $1,714 $2,428
Sept / 2015 $1,675 $2,342
May / 2015 $1,657 $2,285
Jan / 2015 $1,612 $2,179

Renting a 3 bedroom apartment in Chicago, IL

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,129 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Chicago, IL, rents on 3 bedroom apartments go up to $8,185. 502 rental properties offer 3 bedroom units in Chicago, IL to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Chicago, IL

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $745 in Chicago, IL, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Auburn Gresham or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

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