Cheap Homes for Rent in Downers Grove, IL from $1,200 (35 Rentals)

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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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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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property at 2 Tower Ct

2 Tower Ct

Downers GroveIL60516
property at 2920 Roberts Dr

2920 Roberts Dr

WoodridgeIL60517

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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Showing Results 1-35, Page 1 of 1

Downers Grove, IL Local Guide

Cheapest Available Downers Grove Apartments for Rent

 

The cheapest available apartment rental in Downers Grove, IL is a Studio unit found at Windsor Lakes Apartment Homes in the Waterbury neighborhood priced from $1,210. Prentiss Creek at Downers Grove Apartments in the Waterbury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,303. Here is today’s list of the most affordable Downers Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windsor Lakes Apartment HomesStudio - 450 sqftStudio,1BA$1,210
Prentiss Creek at Downers Grove ApartmentsBrooklyn1BR,1BA$1,303
Axis at WestmontA11BR,1BA$1,317
The Arbors of Glen EllynOne Bedroom Floor Plan A41BR,1BA$1,357
The Haven at HighlandThe Retreat1BR,1BA$1,375
The Towers at Four lakesStudio/1 bathStudio,1BA$1,380
Willowbrook Apartment Homes1 Bedroom1BR,1BA$1,385
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1,395
Eagle Creek ApartmentsThe Hickory1BR,1BA$1,400
King Arthur ApartmentsTwo Bedroom2BR,1BA$1,400

Best Value Apartments for Rent in Downers Grove, IL

As of November 12, 2025 the best value apartment in the Downers Grove area is the $1.77 price per square foot Brook Model at Farmingdale Apartments in the starting from $2,222. The second greatest value Downers Grove apartment is the Lancaster Model at 2200 Grace starting at $2,048 with a $1.63 price per square foot in the Highland Hills neighborhood. Here is today’s list of the best values for Downers Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Farmingdale ApartmentsBrook2BR,2BA$1.77
2200 GraceLancaster2BR,2BA$1.63
7461 Blackburn Ave, Unit #2017461 Blackburn Ave2BR,2BA$1.71
Courts of the Falling Waters2 Bedroom2BR,1.5BA$1.82
King Arthur ApartmentsTwo Bedroom2BR,1BA$1.51
33 W Naperville Rd1x11BR,1BA$1.94
ReNew Westmont1x11BR,1BA$1.71
Idyllwild ApartmentsModel 1B1BR,1BA$1.84
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1.86
Axis at WestmontA11BR,1BA$1.74

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

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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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Best Local Schools in
Downers Grove, IL

School data provided by Great Schools

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

Explore Downers Grove, IL Rentals by Map

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See the most popular apartments and homes in Downers Grove, IL

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Frequently Asked Questions about Downers Grove

What type of rentals are currently available in Downers Grove?

There are currently 313 Apartments for Rent in Downers Grove, IL with pricing that ranges from $1,075 to $8,450. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downers Grove ranging from $1,200 to $7,200.

What is the current price range for Rental Homes in Downers Grove?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downers Grove ranges from $1,200 to $7,200 with an average monthly rent of $2,789.

How much are larger Three and Four Bedroom Rentals in Downers Grove?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downers Grove range from $1,700 to $7,932, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,950. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $8,135.

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.