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3 Bedroom Apartments for Rent in Round Lake, IL - 11 Rentals available

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Round Lake, IL Demographics

  • Total Population18,489
  • Female 8,742
    Male 9,747
  • Median Age34.5

Average Rent in Round Lake, IL

  • Round Lake, IL Average Rental Price, May 2020 $1,199 /mo

Round Lake, IL Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 May / 2020
Round Lake, IL $1,133 $1,125 $1,160 $1,159 $1,159 $1,156 $1,162 $1,186 $1,203 $1,199
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Round Lake, IL Households

  • Total Number of Households5,747
  • Family 4,571
    Non-family 1,176
  • Children 2,766
    No Children 2,981
  • Average People Per Household3.22
  • Median Household Income$79,543
  • Median Housing Costs Per Month$1,577

Round Lake, IL Education Statistics

  • No High School6%
  • Some High School30%
  • Some College28%
  • Associate Degree7%
  • Bachelor Degree22%
  • Graduate Degree7%

Renting a 3 bedroom apartment in Round Lake, 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 999 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 Round Lake, IL, rents on 3 bedroom apartments go up to $1,545. 2 rental properties offer 3 bedroom units in Round Lake, 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 Round Lake, 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 $1,125 in Round Lake, 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 Waukegan 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!