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3 Bedroom Apartments for Rent in Chicago, IL - 710 Rentals available

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Chicago, IL Demographics

  • Total Population2,717,534
  • Female 1,318,494
    Male 1,399,040
  • Median Age33.7

Average Rent in Chicago, IL

  • Chicago, IL Average Rental Price, January 2019$1,893/mo

Chicago, IL Apartment Rent Ranges

  • $501-$7002%
  • $701-$1,00012%
  • $1,001-$1,50024%
  • $1,501-$2,00025%
  • > $2,00036%

Chicago, IL Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Chicago, IL $1,714 $1,768 $1,756 $1,753 $1,821 $1,795 $1,806 $1,808 $1,893
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Check out the average rent prices in Chicago by neighborhood.

Chicago, IL Households

  • Total Number of Households1,035,436
  • Family 564,763
    Non-family 470,673
  • Children 297,034
    No Children 738,402
  • Average People Per Household2.57
  • Median Household Income$48,522
  • Median Housing Costs Per Month$1,120

Chicago, IL Education Statistics

  • No High School8%
  • Some High School33%
  • Some College21%
  • Associate Degree5%
  • Bachelor Degree20%
  • Graduate Degree13%

Renting a 3 bedroom apartment in Chicago, IL

With 710 apartments in Chicago, IL, it can be hard finding just the right 3 bedroom apartment. Before you even start thinking about size, price and features, you have to choose a neighborhood. And that’s no easy task, considering that, depending on the area, you get a wide range of rentals in Chicago, IL, from very cheap to very expensive. River North is the most expensive neighborhood of Chicago, IL with rents as high as $10,986, while in more affordable areas like Archer Heights the monthly rent can be as low as . Then you also have to factor in the distance to work, kindergarten and/or school. It’s an important decision, as most likely you’re going to spend the next couple of years in this apartment with your family. You are not just searching for an apartment to live in, you’re searching for a home. The internet is supposed to help, but it only confuses you further with redundant lists of things you should pay attention to. We know the feeling very well. Let us give you just one piece of advice: take the rational path and get your priorities right. The only person who knows what type of apartment you need is you. Create a mental or written list of things you absolutely cannot live without, filter accordingly. If a balcony or a garage is absolutely crucial, then head on to the filters section and check the ones you want. This way you will save time by skipping the apartments that don’t meet your criteria.

Is choosing a cheap apartment worth it?

There are certainly plenty of options among our 710 available units in Chicago, IL if you’re considering also cheap 3 bedroom apartments. But are they worth considering? Certainly. Yet, you should not get carried away with very low prices, as your decision is not affecting only you. Most probably you’re moving with a family, and for the next few years this will be the place where your children will create memories. Good or bad. Remember how much you hated staying between four walls when you were a kid? Are there any playgrounds or parks around? Neighborhood amenities are important too. Cheap apartments in Chicago, IL have low prices mostly because of their location. Take into account your morning commute. With children morning commutes are quite long anyway, so moving to that amazing apartment in Archer Heights can quickly become a drag if it’s on the opposite end of town than your job or the oldest one’s school. That being said, cheap apartments can be really good deals, but not at any price.