
Cheap Homes for Rent in Elmhurst, IL from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Elmhurst.


440 W Division St

145 S Center St, Unit Apartment 210

3029 Bright St

323 22nd Ave

115 N Myrtle Ave
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.

1036 Bellwood Ave

436 W Division St, Unit 3

3126 Elder Ln

631 Balmoral Ave

249 E Park Blvd

1 S Lincoln 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.
Elmhurst, IL Local Guide

How much does it cost to rent a home in Elmhurst?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmhurst 2 Bedroom Homes for Rent | $2,285 | $1,450 | $3,300 |
| Elmhurst 3 Bedroom Homes for Rent | $3,330 | $2,100 | $7,500 |
| Elmhurst 4 Bedroom Homes for Rent | $5,620 | $4,500 | $7,000 |
| Elmhurst 5 Bedroom Homes for Rent | $4,833 | $3,000 | $7,000 |
Browse Top Homes for Rent in Elmhurst
Explore Elmhurst
Elmhurst, IL Local Guide
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Cheapest Neighborhoods for Apartments in Elmhurst, IL
Pricing Updated: 05/29/2026Current apartment rentals in the Elmhurst, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elmhurst Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Elmhurst | $14,684 | $1,100 | 40 |
Cheapest Available Elmhurst Apartments for Rent
 The cheapest available apartment rental in Elmhurst, IL is a 1 Bed unit found at Argyle Garden Apartments in the Elmhurst City Centre neighborhood priced from $1,100. Elmhurst Terrace in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,333. Here is today’s list of the most affordable Elmhurst apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1,100 |
| Elmhurst Terrace | Stanley | Studio,1BA | $1,333 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1,435 |
| The Bennington | Seven 70 | 1BR,1BA | $1,508 |
| Versailles on the Lakes Oakbrook* | Calais - Oakbrook | Studio,1BA | $1,680 |
Best Value Apartments for Rent in Elmhurst, IL
As of May 29, 2026 the best value apartment in the Elmhurst area is the $1.87 price per square foot C2 Model at Eldridge Townhomes in the in the Elmhurst City Centre neighborhood starting from $5,183. The second greatest value Elmhurst apartment is the A Model at The BlueStem starting at $2,100 with a $1.50 price per square foot in the Old Town Western Springs neighborhood. Here is today’s list of the best values for Elmhurst apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eldridge Townhomes | C2 | 3BR,2BA | $1.87 |
| The BlueStem | A | 2BR,2BA | $1.50 |
| 249 E Park Blvd | 249 E Park Blvd | 2BR,1BA | $2.09 |
| 1045 David Dr, Unit 2W | 1045 David Dr | 2BR,1BA | $1.70 |
| Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #513 | 2BR,2BA | $1.71 |
| Brentwood Apartments | Luxury Line | 1BR,1BA | $2.02 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $2.12 |
| The Bennington | Seven 70 | 1BR,1BA | $1.96 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1.91 |
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1.83 |
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 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 ArticleReal 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 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 Elmhurst, IL
York Community High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elmhurst, IL Rentals by Map
See the most popular apartments and homes in Elmhurst, IL
Frequently Asked Questions about Elmhurst
What type of rentals are currently available in Elmhurst?
There are currently 470 Apartments for Rent in Elmhurst, IL with pricing that ranges from $1,100 to $14,668. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmhurst ranging from $1,450 to $7,500.
What is the current price range for Rental Homes in Elmhurst?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmhurst ranges from $1,450 to $7,500 with an average monthly rent of $3,592.
How much are larger Three and Four Bedroom Rentals in Elmhurst?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmhurst range from $2,875 to $9,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $7,500. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $5,515.
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

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.

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.

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.

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.