The third Consolation is in Db major and initially marked as Lento placido. It is the most popular of the Consolations and also a favorite encore piece.
Its style is similar to Chopin's Nocturnes; in particular, it seems to have been inspired by Chopin's Nocturne Op. 27 No. 2. The similarity between the two works has been interpreted as a tribute to Chopin who died in 1849, a year before the Consolations were published. This third Consolation is however one of several of Liszt's works that take a style reminiscent of Chopin; some examples include Liszt's Polonaises, Berceuse, Mazurka brillante, and his Ballades.