Cheap Homes for Rent in Downers Grove, IL from $1,400 (26 Rentals)

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Search the lowest-cost Homes available for rent right now in Downers Grove.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 $1,370. 1014 Burlington Ave in the South Wheaton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. 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$1,370
1014 Burlington Ave1 bedroom1BR,1BA$1,375
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1,400
Iron Gate Apartments1 BED / 1.0 BATH, 607 SQ FT - RENOVATED1BR,1BA$1,425
The Haven at HighlandThe Retreat1BR,1BA$1,449
Idyllwild ApartmentsModel 1B1BR,1BA$1,475
Dynasty Pointe Apartments1 Bedroom Electric1BR,1BA$1,495
Natural Falls Resort ApartmentsPlan L1BR,1BA$1,550
Versailles on the Lakes Oakbrook*Calais - NorthStudio,1BA$1,582

Best Value Apartments for Rent in Downers Grove, IL

As of June 23, 2025 the best value apartment in the Downers Grove area is the $1.73 price per square foot Berkshire Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,489. The second greatest value Downers Grove apartment is the 3 Bedroom Model at Courts of the Falling Waters starting at $2,170 with a $1.85 price per square foot in the Waterbury 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$1.73
Courts of the Falling Waters3 Bedroom3BR,2BA$1.85
7461 Blackburn Ave, Unit #2017461 Blackburn Ave2BR,2BA$1.71
Prentiss Creek at Downers Grove ApartmentsCarter2BR,1BA$1.63
The Arbors of Glen EllynTwo Bedrooms Floor Plan B22BR,2BA$1.95
ReNew Westmont1x11BR,1BA$1.90
1014 Burlington Ave1 bedroom1BR,1BA$1.70
240 W Quincy St, Unit D240 W Quincy St1BR,1BA$1.72
Idyllwild ApartmentsModel 1A1BR,1BA$1.84
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1.87

Quick Rent Budget Calculator

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Frequently Asked Questions about Downers Grove

What type of rentals are currently available in Downers Grove?

There are currently 317 Apartments for Rent in Downers Grove, IL with pricing that ranges from $990 to $12,467. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downers Grove ranging from $1,400 to $6,500.

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 $1,400 to $6,500 with an average monthly rent of $3,238.

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 $7,667, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,600.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.