Cheap Homes for Rent in Downtown Des Plaines Neighborhood of Des Plaines, IL from $1,200 (10 Rentals)

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

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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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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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 The Monarch priced from $2,050. Welkin Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,090. Here are the most affordable Downtown Des Plaines apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
The MonarchA41BR,1BA$2,050
Welkin ApartmentsS2Studio,1BA$2,090
Des Plaines Tower2 Bed 1.5 Bath - (No W/D In Unit)2BR,1BA$2,146

Best Value Apartments for Rent in Downtown Des Plaines, IL

As of December 07, 2025 the best value apartment in the Downtown Des Plaines area is the $1.82 price per square foot Schindler w/ Den Model at River 595 in the in the Metropolitan Square neighborhood starting from $2,535. The second greatest value Downtown Des Plaines apartment is the 1653 Oakwood Ave Model at 1653 Oakwood Ave, Unit 2B starting at $1,800 with a $1.76 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 595Schindler w/ Den2BR,2BA$1.82
1653 Oakwood Ave, Unit 2B1653 Oakwood Ave2BR,1BA$1.76
1004 S River Rd, Unit 3041004 S River Rd2BR,1BA$1.85
Des Plaines Tower2 Bed 1 Bath - (W/D in unit)2BR,1BA$2.33
1036 S River Rd, Unit 31036 S River Rd2BR,1BA$2.17
1639 Oakwood Ave, Unit 2011639 Oakwood Ave2BR,1BA$2.06
EllisonB71BR,1BA$2.93
Kingston Pointe ApartmentsA3 - One Bedroom One Bath1BR,1BA$2.51
488 E 5th Ct, Unit B488 E 5th Ct1BR,1BA$1.75
The MonarchA41BR,1BA$2.59

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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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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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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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

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Des Plaines

What type of rentals are currently available in Downtown Des Plaines?

There are currently 152 Apartments for Rent in Downtown Des Plaines, IL with pricing that ranges from $1,400 to $3,719. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Des Plaines ranging from $1,250 to $5,400.

What is the current price range for Rental Homes in Downtown Des Plaines?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Des Plaines ranges from $1,250 to $5,400 with an average monthly rent of $3,014.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!