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$600 - $700Studio to 1 Bedroom Apartments Available Aug 21
High Meadows Apartments
1400 W Lincoln HwyDekalb, IL 60115
Cheap Apartments for Rent in the Downtown DeKalb Neighborhood of Dekalb, IL from $400 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown DeKalb area of Dekalb.
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$629 - $1,429Studio to 3 Bedroom Apartments Available Apr 24
Amber Manor
807 Ridge DrDekalb, IL 60115
211 Anne St
DekalbIL60115
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$725 - $1,1001 to 3 Bedroom Apartments Contact Us For Availability
University Village Apartments
722 N Annie Glidden RdDekalb, IL 60115
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$725 - $1,250Studio to 4 Bedroom Apartments Available Now
The Terraces at Dekalb on Ridge Drive
808 Ridge DrDekalb, IL 60115
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Rent Specials
$745 - $2,500Studio to 8 Bedroom Apartments Available Now
Hunter Star Properties
1037 Spiros CtDekalb, IL 60115
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$780 - $1,300Studio to 4 Bedroom Apartments Available Now
University Heights Apartments
1110 Varsity BlvdDekalb, IL 60115
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$800 - $1,500Studio to 3 Bedroom Apartments Contact Us For Availability
New Suburban Apartments
1400 Twombly RdDekalb, IL 60115
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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2 Bedroom Apartments
Carlson Apartments
227 N 1st StDekalb, IL 60115
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Downtown DeKalb, Dekalb, IL Local Guide
How much does it cost to rent an apartment in Downtown DeKalb?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown DeKalb Studio Apartments | $829 | $600 | $1,400 |
| Downtown DeKalb 1 Bedroom Apartments | $969 | $670 | $1,450 |
| Downtown DeKalb 2 Bedroom Apartments | $1,185 | $450 | $2,157 |
| Downtown DeKalb 3 Bedroom Apartments | $1,297 | $789 | $1,500 |
| Downtown DeKalb 4 Bedroom Apartments | $1,528 | $1,295 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown DeKalb Neighborhood of Dekalb, IL.
See all Apartments in DekalbExplore Dekalb
Downtown DeKalb, Dekalb, IL Local Guide
- Nearby Dekalb neighborhoods
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Cheapest Available Downtown DeKalb Apartments for Rent
The cheapest available apartment rental in the Downtown DeKalb area of Dekalb, IL is a Studio unit found at The Terraces at Dekalb on Ridge Drive priced from $725. Ashbury Court has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here are the most affordable Downtown DeKalb apartments for rent in Dekalb, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Terraces at Dekalb on Ridge Drive | Ridge Drive Studio | Studio,1BA | $725 |
| Ashbury Court | ST | Studio,1BA | $815 |
| University Heights Apartments | 1B | 1BR,1BA | $895 |
Best Value Apartments for Rent in Downtown DeKalb, IL
As of April 18, 2026 the best value apartment in the Downtown DeKalb area is the $0.98 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Devonaire Farms neighborhood starting from $2,150. The second greatest value Downtown DeKalb apartment is the 3 Model at Eco Park starting at $1,290 with a $1.32 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Downtown DeKalb apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mason Townhouse Suites | 4 TH | 4BR,3BA | $0.98 |
| Eco Park | 3 | 3BR,2BA | $1.32 |
| 831 Kimberly Dr, Unit 5 | 831 Kimberly Dr | 2BR,1BA | $0.95 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1.43 |
| University Heights Apartments | 1B | 1BR,1BA | $1.58 |
| Ashbury Court | ST | Studio ,1BA | $1.98 |
| University Plaza Apartments | A1 Floor Plan | 1BR,1BA | $3.15 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe 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.
Read ArticleCash 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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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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Pet Friendly LifestyleDowntown Dekalb, Dekalb, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown DeKalb Apartments
What is a cheap apartment in Downtown DeKalb?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown DeKalb is under $2,150.
What is the price of a cheap apartment in Downtown DeKalb?
The cheapest apartment in Downtown DeKalb is The Terraces at Dekalb on Ridge Drive which is listed at $825, while the average apartment in Downtown DeKalb costs $2,350.
What types of apartments are the cheapest in Downtown DeKalb?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Downtown DeKalb that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown DeKalb?
Cheap apartments in Downtown DeKalb have an average cost of $333 which is $2,017 cheaper than the average rent for all rentals in Downtown DeKalb.
Expert Rental Resources
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.
Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.