Cheap Apartments for Rent in Elmwood Park, IL from $700 (68 Rentals)

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Elmwood Towers
Studio to 1 Bedroom Apartments

Elmwood Towers

7300 W North AveElmwood Park, IL 60707
  • Utilities Included

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1450 N 1st Ave
1 to 2 Bedroom Apartments

1450 N 1st Ave

1450 N 1st AveMelrose Park, IL 60160
  • Utilities Included
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Oak Park
Studio Apartments

Oak Park

853 Washington BlvdOak Park, IL 60302
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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6621 W Norwood Ct
Studio Apartments

6621 W Norwood Ct

6621 W Norwood CtHarwood Heights, IL 60706
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300 Des Plaines Ave
1 Bedroom Apartments

300 Des Plaines Ave

300 Des Plaines AveForest Park, IL 60130
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Live in Oak Park
Studio to 3 Bedroom Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
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230 S Maple
1 Bedroom Apartments

230 S Maple

230-238 S Maple AveOak Park, IL 60302
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320 Elgin Ave
1 Bedroom Apartments

320 Elgin Ave

320 Elgin AveForest Park, IL 60130
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229 Marengo Ave
1 Bedroom Apartments

229 Marengo Ave

229 Marengo AveForest Park, IL 60130
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Bon Villa Apartments
Studio Apartments

Bon Villa Apartments

320 Wisconsin AveOak Park, IL 60302
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8111 W Grand Ave
2 to 3 Bedroom Apartments

8111 W Grand Ave

8111 W Grand AveRiver Grove, IL 60171
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102 Rockford Ave
1 Bedroom Apartments

102 Rockford Ave

102 Rockford AveForest Park, IL 60130
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8107 W Grand Ave
2 to 3 Bedroom Apartments

8107 W Grand Ave

8107 W Grand AveRiver Grove, IL 60171
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255 S Maple
Studio Apartments

255 S Maple

1140-1144 N Randolph StOak Park, IL 60302
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1534 Bonnie Brae
1 Bedroom Apartments

1534 Bonnie Brae

1534 Bonnie BraeRiver Forest, IL 60305

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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37 Rockford Ave.
Studio to 1 Bedroom Apartments

37 Rockford Ave.

37 Rockford AveForest Park, IL 60130
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921-923 Lake St
1 Bedroom Apartments

921-923 Lake St

921-923 Lake StOak Park, IL 60301
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Kenton House
1 Bedroom Apartments

Kenton House

112-114 Home AveOak Park, IL 60302
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Clinton Court
1 Bedroom Apartments

Clinton Court

943 Washington BlvdOak Park, IL 60302
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432 S Clinton Ave
1 Bedroom Apartments

432 S Clinton Ave

432 S Clinton AveOak Park, IL 60302
  • Utilities Included

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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1036-1038 Randolph St
Studio Apartments

1036-1038 Randolph St

1036-1038 Randolph StOak Park, IL 60302
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Showing Results 1-50, Page 1 of 2

Elmwood Park, IL Local Guide

Cheapest Available Elmwood Park Apartments for Rent

 

The cheapest available apartment rental in Elmwood Park, IL is a Studio unit found at 7520 W Grand Ave in the Dunning neighborhood priced from $1,175. 1000 - 1010 North Blvd in the Downtown Oak Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here is today’s list of the most affordable Elmwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7520 W Grand AveStudioStudio,1BA$1,175
1000 - 1010 North Blvd1014 1/2 - 24Studio,1BA$1,195
Pleasant OakStudio - BStudio,1BA$1,250
301-313 N. Oak Park Ave.307 N. Oak Park A & DStudio,1BA$1,349
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,350
1116 Washington - Oak Park1116-4101BR,1BA$1,375
411-419 Thatcher Ave.411 Thatcher H1BR,1BA$1,419
720 Washington1 BD Remodeled Dishwasher Original Floor1BR,1BA$1,575
Fountainhead Apartments2 Bed2BR,1BA$1,630

Best Value Apartments for Rent in Elmwood Park, IL

As of June 28, 2025 the best value apartment in the Elmwood Park area is the $2.13 price per square foot Woodlawn Model at The Grove Luxury Townhomes in the in the Dunning neighborhood starting from $4,800. The second greatest value Elmwood Park apartment is the Brixen Model at The Brixen starting at $1,933 with a $1.36 price per square foot in the Dunning neighborhood. Here is today’s list of the best values for Elmwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove Luxury TownhomesWoodlawn4BR,3.5BA$2.13
The BrixenBrixen2BR,2BA$1.36
2017 N 72nd Ct, Unit 22017 N 72nd Ct3BR,2BA$1.65
7026 W Diversey Ave, Unit 27026 W Diversey Ave3BR,2BA$2.08
254 S. Maple Ave.1116-11262BR,1BA$2.02
Fountainhead Apartments2 Bed2BR,1BA$1.53
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.80
411-419 Thatcher Ave.411 Thatcher H1BR,1BA$2.03
8241 W Lawrence Ave, Unit 38241 W Lawrence Ave1BR,1BA$2.21
1116 Washington - Oak Park1116-4101BR,1BA$2.20

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Best Local Schools in
Elmwood Park, IL

School data provided by Great Schools

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

Explore Elmwood Park, IL Rentals by Map

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See the most popular apartments and homes in Elmwood Park, IL

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Getting Around Elmwood Park, IL

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

46 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Elmwood Park Apartments

What is the Cheapest Studio apartment in Elmwood Park?

Currently the most affordable Cheap Studio Apartment in Elmwood Park is at 7520 W Grand Ave listed at $1,175.

How much is rent for a Cheap One Bedroom Elmwood Park Apartment?

The lowest price for a Cheap One Bedroom Elmwood Park Apartment is $1,350 at Circle Court.

What is the lowest price for a Cheap Two Bedroom Elmwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood Park is starting from $1,630 at Fountainhead Apartments.

What is the most affordable Elmwood Park Three Bedroom Apartment?

The best deal on a cheap Elmwood Park Three Bedroom Apartment rental is at North Oak Lofts and starts from $2,936.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.