Cheap Apartments for Rent in the Downtown Des Plaines Neighborhood of Des Plaines, IL from $1,000 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Des Plaines area of Des Plaines.

property at 1374 E Algonquin Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

1374 E Algonquin Rd

Des PlainesIL60016
property at 465 Oak St

$1,650

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

465 Oak St

Des PlainesIL60016

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.

property at 1653 Oakwood Ave

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 1 Bath Condo for Rent

Available Now

1653 Oakwood Ave, Unit TWO BEDROOMS - 2C

1653 Oakwood Ave
Des PlainesIL60016

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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The Wright Building
1 Bedroom Apartments

The Wright Building

712-716 Lee StDes Plaines, IL 60016
  • Utilities Included
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1376-1384 Brown St
1 Bedroom Apartments

1376-1384 Brown St

1376-1384 Brown StDes Plaines, IL 60016

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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1475 Ashland Ave
1 to 2 Bedroom Apartments

1475 Ashland Ave

1475 Ashland AveDes Plaines, IL 60016
  • Utilities Included

Downtown Des Plaines, Des Plaines, IL Local Guide

Cheapest Available Downtown Des Plaines Apartments for Rent

 

The cheapest available apartment rental in the Downtown Des Plaines area of Chicago, IL is a 1 Bed unit found at Buckingham priced from $2,141. Ellison has the second lowest priced unit, which is a Studio apartment currently listed from $2,247. Here are the most affordable Downtown Des Plaines apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Buckinghama1a-buck1BR,1BA$2,141
EllisonS1Studio,1BA$2,247
The MonarchA11BR,1BA$2,250
River 595Wright w/ Den2BR,2BA$2,868
Welkin ApartmentsB32BR,2BA$3,062

Best Value Apartments for Rent in Downtown Des Plaines, IL

As of June 05, 2026 the best value apartment in the Downtown Des Plaines area is the $1.92 price per square foot Wright w/ Den Model at River 595 in the in the Metropolitan Square neighborhood starting from $2,838. The second greatest value Downtown Des Plaines apartment is the B6 Model at Welkin Apartments starting at $3,294 with a $2.91 price per square foot in the Metropolitan Square neighborhood. Here is today’s list of the best values for Downtown Des Plaines apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River 595Wright w/ Den2BR,2BA$1.92
Welkin ApartmentsB62BR,2BA$2.91
1653 Oakwood Ave, Unit 2B1653 Oakwood Ave2BR,1BA$1.90
1004 S River Rd, Unit 3041004 S River Rd2BR,1BA$1.75
1639 Oakwood Ave, Unit 2011639 Oakwood Ave2BR,1BA$2.06
488 E 5th Ct, Unit B488 E 5th Ct1BR,1BA$1.75
Buckinghama1a-buck1BR,1BA$2.88
The MonarchA11BR,1BA$3.17
EllisonS1Studio ,1BA$3.91

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Lifestyle
Downtown Des Plaines, Des Plaines, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Des Plaines Apartments

How much is rent for a Cheap One Bedroom Downtown Des Plaines Apartment?

The lowest price for a Cheap One Bedroom Downtown Des Plaines Apartment is $2,141 at Buckingham.

What is the lowest price for a Cheap Two Bedroom Downtown Des Plaines Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Des Plaines is starting from $2,728 at The Monarch.

What is the most affordable Downtown Des Plaines Three Bedroom Apartment?

The best deal on a cheap Downtown Des Plaines Three Bedroom Apartment rental is at The Monarch and starts from $3,361.

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.

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