Cheap Homes for Rent in Downers Grove, IL from $1,000 (27 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

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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 Natural Falls neighborhood priced from $1,195. The Towers at Four lakes in the Green Trails neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,290. 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$1,195
The Towers at Four lakesStudio/1 bathStudio,1BA$1,290
The Haven at HighlandThe Retreat1BR,1BA$1,375
The Arbors of Glen EllynOne Bedroom Floor Plan A41BR,1BA$1,376
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1,400
King Arthur ApartmentsTwo Bedroom2BR,1BA$1,400
Prentiss Creek at Downers Grove ApartmentsBrooklyn1BR,1BA$1,411
Axis at WestmontA11BR,1BA$1,444
Willowbrook Apartment Homes1 Bedroom1BR,1BA$1,465
Idyllwild ApartmentsModel 1B1BR,1BA$1,475

Best Value Apartments for Rent in Downers Grove, IL

As of September 15, 2025 the best value apartment in the Downers Grove area is the $1.58 price per square foot Berkshire Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,274. The second greatest value Downers Grove apartment is the 7461 Blackburn Ave Model at 7461 Blackburn Ave, Unit #201 starting at $1,980 with a $1.71 price per square foot in the Echo Point 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.
2200 GraceBerkshire3BR,2BA$1.58
7461 Blackburn Ave, Unit #2017461 Blackburn Ave2BR,2BA$1.71
924 Warren Ave, Unit 3924 Warren Ave2BR,1BA$1.75
King Arthur ApartmentsTwo Bedroom2BR,1BA$1.51
Idyllwild ApartmentsModel 1A1BR,1BA$1.84
Twin Lake Towers1 Bed1BR,1BA$1.94
240 W Quincy St, Unit D240 W Quincy St1BR,1BA$1.87
Prentiss Creek at Downers Grove ApartmentsBrooklyn1BR,1BA$1.88
Axis at WestmontA11BR,1BA$1.93
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1.87

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Downers Grove, IL

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

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Frequently Asked Questions about Downers Grove

What type of rentals are currently available in Downers Grove?

There are currently 321 Apartments for Rent in Downers Grove, IL with pricing that ranges from $1,075 to $14,445. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downers Grove ranging from $1,000 to $5,800.

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 $1,000 to $5,800 with an average monthly rent of $2,923.

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 $5,120, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $5,800. Four Bedroom Single-Family rentals are also available starting from $2,499 and Four Bedroom Apartments start at $4,706.

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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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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.