You can use Swift’s round function to accomplish this.
To round a Double with 3 digits precision, first multiply it by 1000, round it and divide the rounded result by 1000:
let x = 1.23556789
let y = Double(round(1000 * x) / 1000)
print(y) /// 1.236
Unlike any kind of printf(...) or String(format: ...) solutions, the result of this operation is still of type Double.
EDIT:
Regarding the comments that it sometimes does not work, please read this: What Every Programmer Should Know About Floating-Point Arithmetic