
Cheap Homes for Rent in Downers Grove, IL from $700 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Downers Grove.


2200 S Stewart Ave

554 Pershing Ave

2233 S Highland Ave

Furnished Studio-Chicago - Downers Grove

2730 Mitchell Dr
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.

2275 Country Club Dr

2275 Country Club Dr

Furnished Studio-Chicago - Lisle

539 Brookside Dr
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.

Furnished Studio-Chicago - Lombard - Oak B...

2920 Roberts Dr

2556 Waterbury Dr

7713 Woodward Ave

7724 Woodward Ave

425 Walnut Creek Rd

2 Tower Ct

2 Tower Ct
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!
Downers Grove, IL Local Guide

How much does it cost to rent a home in Downers Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downers Grove 2 Bedroom Homes for Rent | $2,272 | $1,600 | $3,650 |
| Downers Grove 3 Bedroom Homes for Rent | $3,122 | $2,150 | $5,850 |
| Downers Grove 4 Bedroom Homes for Rent | $3,454 | $2,950 | $4,000 |
| Downers Grove 5 Bedroom Homes for Rent | $4,180 | $3,500 | $5,700 |
Browse Top Homes for Rent in Downers Grove
Explore Downers Grove
Downers Grove, IL Local Guide
- Downers Grove Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downers Grove Apartments for Rent
 The cheapest available apartment rental in Downers Grove, IL is a 1 Bed unit found at The Arbors of Glen Ellyn in the Briarcliffe Knolls neighborhood priced from $1,258. Windsor Lakes Apartment Homes in the Waterbury 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Arbors of Glen Ellyn | One Bedroom Floor Plan A4 | 1BR,1BA | $1,258 |
| Windsor Lakes Apartment Homes | Studio - 450 sqft | Studio,1BA | $1,290 |
| The Towers at Four lakes | Studio/1 bath | Studio,1BA | $1,365 |
| Prentiss Creek at Downers Grove Apartments | Amelia | 1BR,1BA | $1,370 |
| The Haven at Highland | The Retreat | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Downers Grove, IL
As of December 28, 2025 the best value apartment in the Downers Grove area is the $1.74 price per square foot Brook Model at Farmingdale Apartments in the starting from $2,182. The second greatest value Downers Grove apartment is the Stafford Model at 2200 Grace starting at $1,863 with a $1.55 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Farmingdale Apartments | Brook | 2BR,2BA | $1.74 |
| 2200 Grace | Stafford | 2BR,2BA | $1.55 |
| 7461 Blackburn Ave, Unit #201 | 7461 Blackburn Ave | 2BR,2BA | $1.71 |
| King Arthur Apartments | Two Bedroom | 2BR,1BA | $1.51 |
| 112 W Burlington Ave | 112 W Burlington Ave | 2BR,1BA | $1.88 |
| 33 W Naperville Rd | 1x1 | 1BR,1BA | $1.94 |
| ReNew Westmont | 1x1 | 1BR,1BA | $1.68 |
| Idyllwild Apartments | Model 1B | 1BR,1BA | $1.84 |
| Maple | 1BR/1.0BA | 1BR,1BA | $1.93 |
| Forest Hill Apartments | 1 Bed 1 Bath - sold out | 1BR,1BA | $1.85 |
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 ArticleBest 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
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.
Read ArticleA 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
Read ArticleQuick 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.
Best Local Schools in Downers Grove, IL
Belle Aire Elementary School
Community H S Dist 99 - North High School
Herrick Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Downers Grove, IL Rentals by Map
See the most popular apartments and homes in Downers Grove, IL
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 $995 to $18,274. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downers Grove ranging from $790 to $5,850.
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 $790 to $5,850 with an average monthly rent of $2,612.
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 $2,029 to $18,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $5,850. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $10,000.
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.
Helpful Local Expert Guides

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




