Cheap Homes for Rent in Elmhurst, IL from $1,400 (12 Rentals)

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

property at 436 W Division St

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

2 Bedroom, 1 Bath Condo for Rent

Available Now

436 W Division St, Unit 3

436 W Division St
Villa ParkIL60181

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

Cheapest Neighborhoods for Apartments in Elmhurst, IL

Pricing Updated: 05/29/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Elmhurst$14,684$1,10040

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 ListingModel NameBed/BathPriced From
Argyle Garden Apartments1x1 6001BR,1BA$1,100
Elmhurst TerraceStanleyStudio,1BA$1,333
Brook Forest Apartments1 Bedroom1BR,1BA$1,435
The BenningtonSeven 701BR,1BA$1,508
Versailles on the Lakes Oakbrook*Calais - OakbrookStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eldridge TownhomesC23BR,2BA$1.87
The BlueStemA2BR,2BA$1.50
249 E Park Blvd249 E Park Blvd2BR,1BA$2.09
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.70
Linden Towers *Washer & Dryer in Apartment*Two Bedroom #5132BR,2BA$1.71
Brentwood ApartmentsLuxury Line1BR,1BA$2.02
Elmhurst Place ApartmentsThe Addison1BR,1BA$2.12
The BenningtonSeven 701BR,1BA$1.96
Brook Forest Apartments1 Bedroom1BR,1BA$1.91
Argyle Garden Apartments1x1 6001BR,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.

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Best 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

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A 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

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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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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.

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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.

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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

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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.

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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.

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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.

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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.