Cheap Apartments for Rent in Carol Stream, IL from $500 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Carol Stream.

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Autumn Ridge Apartments
1 to 2 Bedroom Apartments

Autumn Ridge Apartments

326 S President StCarol Stream, IL 60188
  • Utilities Included
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CSSI Apartments
1 Bedroom Apartments

CSSI Apartments

160 S Gary AveCarol Stream, IL 60188
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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President Apartments
1 Bedroom Apartments

President Apartments

209-211 President StWheaton, IL 60187
  • Utilities Included
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720 Crescent St
Studio to 1 Bedroom Apartments

720 Crescent St

720 Crescent StWheaton, IL 60187
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Wheaton Park Apartments
Studio to 1 Bedroom Apartments

Wheaton Park Apartments

804-812 Crescent StWheaton, IL 60187
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503 Duane St
Studio Apartments

503 Duane St

503 Duane StGlen Ellyn, IL 60137
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Bloomingdale Horizon
1 to 2 Bedroom Apartments

Bloomingdale Horizon

160 W Lake StBloomingdale, IL 60108
Senior Living
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1039 college Ave
Studio to 2 Bedroom Apartments

1039 college Ave

1039 college AveWheaton, IL 60187
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Wheaton
Studio to 2 Bedroom Apartments

Wheaton

1030-1034 College AveWheaton, IL 60187

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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1307 College Ave
2 Bedroom Apartments

1307 College Ave

1307 College AveWheaton, IL 60187
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The Mark
1 to 3 Bedroom Apartments

The Mark

1245 Fordham DrGlendale Heights, IL 60139

Carol Stream, IL Local Guide

Cheapest Available Carol Stream Apartments for Rent

 

The cheapest available apartment rental in Carol Stream, IL is a Studio unit found at 382 Penn in the East Wheaton neighborhood priced from $1,200. The Mark in the Jewell Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,481. Here is today’s list of the most affordable Carol Stream apartments for rent:

Apartment ListingModel NameBed/BathPriced From
382 Penn0BR/1.0BAStudio,1BA$1,200
The MarkAuburn1BR,1BA$1,481
The Greenway at Carol Stream1 Bedroom 1.5 Bath1BR,1BA$1,482
The MonroeAlpine1BR,1BA$1,553
Windsor Estate Apartments1 Bedroom Floor Plan A11BR,1BA$1,564

Best Value Apartments for Rent in Carol Stream, IL

As of October 25, 2025 the best value apartment in the Carol Stream area is the $2.34 price per square foot 2/2.0(C1) Model at Avere on Duane in the in the East Wheaton neighborhood starting from $3,177. The second greatest value Carol Stream apartment is the 2BR/2.0BA Model at Lakeland Lofts Apartments starting at $2,825 with a $2.17 price per square foot in the Bloomingdale Walk neighborhood. Here is today’s list of the best values for Carol Stream apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avere on Duane2/2.0(C1)2BR,2BA$2.34
Lakeland Lofts Apartments2BR/2.0BA2BR,2BA$2.17
Camden at BloomingdaleC-22BR,2BA$2.09
The Flats at Gladstone2 Bed 1 Bath B2BR,1BA$1.64
Stratford GreenRichmond1BR,1BA$2.18
1511 E Roosevelt RdTwo Bed2BR,1BA$1.79
Renaissance at Carol Stream2 Bed 1 Bath2BR,1BA$1.79
The Greenway at Carol Stream2 Bedroom w WD2BR,1BA$2.07
Windsor Estate Apartments1 Bedroom Floor Plan A11BR,1BA$2.14
Carol Stream CrossingBirch1BR,1BA$2.21

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Carol Stream, IL Rentals by Map

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Getting Around Carol Stream, IL

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Carol Stream Apartments

What is the Cheapest Studio apartment in Carol Stream?

Currently the most affordable Cheap Studio Apartment in Carol Stream is at 382 Penn listed at $1,200.

How much is rent for a Cheap One Bedroom Carol Stream Apartment?

The lowest price for a Cheap One Bedroom Carol Stream Apartment is $1,481 at The Mark.

What is the lowest price for a Cheap Two Bedroom Carol Stream Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carol Stream is starting from $1,615 at The Flats at Gladstone.

What is the most affordable Carol Stream Three Bedroom Apartment?

The best deal on a cheap Carol Stream Three Bedroom Apartment rental is at Lakehaven Apartments and starts from $2,263.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.