Cheap Homes for Rent in Downtown Elmhurst Neighborhood of Elmhurst, IL from $1,300 (11 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.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-11, Page 1 of 1

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 1 Bed apartment currently listed from $1,370. 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 TerraceWrigley1BR,1BA$1,370
Brook Forest Apartments1 Bedroom1BR,1BA$1,435
Elmhurst Place ApartmentsThe Addison1BR,1BA$1,695
OvaltineA1GR1BR,1BA$1,940

Best Value Apartments for Rent in Downtown Elmhurst, IL

As of June 19, 2026 the best value apartment in the Downtown Elmhurst area is the $3.81 price per square foot 2 BED - I Model at Vyne on Haven in the in the Elmhurst City Centre neighborhood starting from $4,738. The second greatest value Downtown Elmhurst apartment is the 1045 David Dr Model at 1045 David Dr, Unit 2W starting at $1,700 with a $1.70 price per square foot in the Metra-Bensenville Station 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.
Vyne on Haven2 BED - I2BR,2BA$3.81
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.70
Elmhurst Place ApartmentsThe Addison1BR,1BA$2.12
Brook Forest Apartments1 Bedroom1BR,1BA$1.91
4353 Butterfield Rd, Unit 43534353 Butterfield Rd2BR,1BA$2.27
OvaltineA3GR1BR,1BA$3.17
Argyle Garden Apartments1x1 6001BR,1BA$1.83
337 S Ardmore Ave, Unit 2337 S Ardmore Ave1BR,1BA$2.17
The FynnS1Studio ,1BA$3.52
Elmhurst TerraceWrigley1BR,1BA$3.70

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 Downtown Elmhurst

What type of rentals are currently available in Downtown Elmhurst?

There are currently 39 Apartments for Rent in Downtown Elmhurst, IL with pricing that ranges from $1,100 to $14,660. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Elmhurst ranging from $1,350 to $4,000.

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 $1,350 to $4,000 with an average monthly rent of $2,781.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.