Cheap Apartments for Rent in the Downtown Elmhurst Neighborhood of Elmhurst, IL from $1,100 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Elmhurst area of Elmhurst.

close
View Me
215 E 1st St
$1,595 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,195

Total Monthly Price
$1,595 - $2,195
1 to 2 Bedroom Apartment Available Oct 1

215 E 1st St

215 E 1st StElmhurst, IL 60126
Affordability

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

close
View Me
Liberty Village
Studio to 2 Bedroom Apartments

Liberty Village

415 N York StElmhurst, IL 60126
Senior Living

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.

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.

Downtown Elmhurst, Elmhurst, IL Local Guide

Cheapest Available Downtown Elmhurst Apartments for Rent

 

The cheapest available apartment rental in the Downtown Elmhurst area of Elmhurst, IL is a 1 Bed unit found at Argyle Garden Apartments priced from $1,100. Elmhurst Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,389. Here are the most affordable Downtown Elmhurst apartments for rent in Elmhurst, IL:

Apartment ListingModel NameBed/BathPriced From
Argyle Garden Apartments1x1 6001BR,1BA$1,100
Elmhurst TerraceStanleyStudio,1BA$1,389
Brook Forest Apartments1 Bedroom1BR,1BA$1,435
Elmhurst Place ApartmentsThe Addison1BR,1BA$1,695
The FynnS1Studio,1BA$1,970

Best Value Apartments for Rent in Downtown Elmhurst, IL

As of May 29, 2026 the best value apartment in the Downtown Elmhurst area is the $2.09 price per square foot 249 E Park Blvd Model at 249 E Park Blvd in the in the Elmhurst City Centre neighborhood starting from $2,300. The second greatest value Downtown Elmhurst apartment is the 2 BED - B Model at Vyne on Haven starting at $3,766 with a $3.74 price per square foot in the Elmhurst City Centre neighborhood. Here is today’s list of the best values for Downtown Elmhurst apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
249 E Park Blvd249 E Park Blvd2BR,1BA$2.09
Vyne on Haven2 BED - B2BR,2BA$3.74
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.70
Elmhurst Place ApartmentsThe Addison1BR,1BA$2.12
Brook Forest Apartments1 Bedroom1BR,1BA$1.91
OvaltineA1GR1BR,1BA$3.27
Argyle Garden Apartments1x1 6001BR,1BA$1.83
The FynnS1Studio ,1BA$3.51
Elmhurst TerraceWrigley1BR,1BA$3.78

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 Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Elmhurst, Elmhurst, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Downtown Elmhurst Apartments

What is the Cheapest Studio apartment in Downtown Elmhurst?

Currently the most affordable Cheap Studio Apartment in Downtown Elmhurst is at Elmhurst Terrace listed at $1,133.

How much is rent for a Cheap One Bedroom Downtown Elmhurst Apartment?

The lowest price for a Cheap One Bedroom Downtown Elmhurst Apartment is $1,100 at Argyle Garden Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Elmhurst Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Elmhurst is starting from $1,695 at Elmhurst Terrace.

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.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.