Save This Search

3 Bedroom Apartments for Rent in Montgomery, IL
47 Rentals Available


Look for 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RentCafe to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Montgomery, IL Demographics

  • Total Population19,515
  • Female 10,064
    Male 9,451
  • Median Age30.2

A total population of 19,515 lives in Montgomery, IL, according to data published by the U.S. Census Bureau. Population statistics show that 9,451 of Montgomery’s residents are women and 10,064 are men. The median age of the population in Montgomery, IL is 30.2.

Average Rent in Montgomery, IL

  • Montgomery, IL Average Rental Price, July 2022 $932 /mo

Apartments for rent in Montgomery, IL have an average price of $932 per month.

Montgomery, IL Rent Trends

Average Rent Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Mar / 2022 Jul / 2022
Montgomery, IL $1,013 $975 $1,007 $1,016 $1,063 $1,033 $1,007 $1,056 $1,038 $932
National $1,407 $1,415 $1,416 $1,406 $1,410 $1,418 $1,501 $1,596 $1,634 $1,706

Compared to the average rent in the U.S. of $1,706, the rent in Montgomery, IL is $932 per month.

Montgomery, IL Households

  • Total Number of Households6,045
  • Family 4,397
    Non-family 1,648
  • Children 3,070
    No Children 2,975
  • Average People Per Household3.23
  • Median Household Income$99,208
  • Median Housing Costs Per Month$1,723

According to the U.S. Census, there are 6,045 households in Montgomery, IL. The Census estimates also show that 4,397 are family households and 1,648 are non-family households. Moreover, Montgomery has 3,070 households with children in Montgomery and 2,975 households without children. On average, about 3.23 people constitute a household in Montgomery, IL. The median income of a Montgomery household living in Montgomery is $99,208 per year. The housing costs per month are estimated around $1,723.

Montgomery, IL Education Statistics

According to U.S. Census Bureau estimates, the share of residents in Montgomery, IL that have no high school education is 3%, and the share of those who went to high school is 35%. 24% of residents have some college education, 11% have an Associate Degree, while 19% have a Bachelor Degree, and a share of 8% have a Graduate Degree.

Renting a 3 bedroom apartment in Montgomery, 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 1,203 Sq.Ft.. 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 Montgomery, IL, rents on 3 bedroom apartments go up to $7,977. 25 rental properties offer 3 bedroom units in Montgomery, 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 Montgomery, 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 $1,495 in Montgomery, 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 Elgin or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!