Cheap Homes for Rent in Downtown Elmhurst Neighborhood of Elmhurst, IL from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Elmhurst area of Elmhurst.

114 W Park Ave
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.

100 N Addison Ave

105 Arlington Ave
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.

135 S York St
Downtown Elmhurst, Elmhurst, IL Local Guide

How much does it cost to rent a home in Downtown Elmhurst?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Elmhurst 2 Bedroom Homes for Rent | $2,806 | $2,400 | $3,425 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Elmhurst Neighborhood of Elmhurst, IL.
Explore Elmhurst
Downtown Elmhurst, Elmhurst, IL Local Guide
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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 $1,308. Here are the most affordable Downtown Elmhurst apartments for rent in Elmhurst, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1,100 |
| Elmhurst Terrace | Stanley | Studio,1BA | $1,308 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Downtown Elmhurst, IL
As of October 25, 2025 the best value apartment in the Downtown Elmhurst area is the $4.08 price per square foot 3 BED - D Model at Vyne on Haven in the in the Elmhurst City Centre neighborhood starting from $5,865. The second greatest value Downtown Elmhurst apartment is the B5 Model at The Fynn starting at $3,448 with a $3.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vyne on Haven | 3 BED - D | 3BR,2BA | $4.08 |
| The Fynn | B5 | 2BR,2BA | $3.08 |
| 127 N Addison Ave, Unit 127-3 N. Addison Ave | 127 N Addison Ave | 1BR,1BA | $1.86 |
| Elmhurst 255 | D Study | 1BR,1BA | $3.13 |
| 1039 David Dr, Unit 1E | 1039 David Dr | 1BR,1BA | $2.13 |
| 1039 David Dr, Unit 1E | 1039 David Dr | 1BR,1BA | $2.00 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $2.12 |
| Ovaltine Court | Garden 673 SF | 1BR,1BA | $3.15 |
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1.83 |
| Elmhurst Terrace | Stanley | Studio ,1BA | $3.54 |
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.
Read ArticleDon'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 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 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.
Pet Friendly LifestyleDowntown Elmhurst, Elmhurst, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Elmhurst
What type of rentals are currently available in Downtown Elmhurst?
There are currently 66 Apartments for Rent in Downtown Elmhurst, IL with pricing that ranges from $1,100 to $7,506. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Elmhurst ranging from $1,600 to $3,425.
What is the current price range for Rental Homes in Downtown Elmhurst?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Elmhurst ranges from $1,600 to $3,425 with an average monthly rent of $2,203.
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.

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!

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.

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.
