Cheap Apartments for Rent in Elmwood Park, IL from $700 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elmwood Park.

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Elmwood Towers
Studio to 1 Bedroom Apartments

Elmwood Towers

7300 W North AveElmwood Park, IL 60707
  • Utilities Included
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3816 N Nora Ave, Unit G
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100
1 Bedroom Apartment Available Apr 1

3816 N Nora Ave, Unit G

3816 N Nora AveChicago, IL 60634
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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.

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property at 433 Wisconsin Ave

$1,395 - $2,995

Studio To 2 Bedroom Rentals

Available Now

433 Wisconsin Ave

Oak ParkIL60302
property at 244 S Marion St

$1,450 - $1,695

1 To 2 Bedroom Rentals

Available Apr 1

244 S Marion St

Oak ParkIL60302

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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1450 N 1st Ave
1 to 2 Bedroom Apartments

1450 N 1st Ave

1450 N 1st AveMelrose Park, IL 60160
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Oak Park
Studio to 1 Bedroom Apartments

Oak Park

853 Washington BlvdOak Park, IL 60302
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6621 W Norwood Ct
Studio to 2 Bedroom 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
  • Utilities Included

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Live in Oak Park
Studio to 3 Bedroom Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
  • Utilities Included
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1534 Bonnie Brae
1 Bedroom Apartments

1534 Bonnie Brae

1534 Bonnie BraeRiver Forest, IL 60305
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230 S Maple
1 Bedroom Apartments

230 S Maple

230-238 S Maple AveOak Park, IL 60302
  • Utilities Included
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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 to 1 Bedroom 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
Studio to 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 to 3 Bedroom Apartments

255 S Maple

1140-1144 N Randolph StOak Park, IL 60302
  • Utilities Included

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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Maple 112-116 1/2
Studio to 1 Bedroom Apartments

Maple 112-116 1/2

112-122 S Maple AveOak Park, IL 60302
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411-419 Thatcher Ave.
Studio to 2 Bedroom Apartments

411-419 Thatcher Ave.

411-19 Thatcher AveRiver Forest, IL 60305
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Kenton House
Studio to 1 Bedroom Apartments

Kenton House

112-114 Home AveOak Park, IL 60302
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921-923 Lake St
1 to 2 Bedroom Apartments

921-923 Lake St

921-923 Lake StOak Park, IL 60301
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Clinton Court
Studio to 2 Bedroom Apartments

Clinton Court

943 Washington BlvdOak Park, IL 60302
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1530 N 1st Ave
1 Bedroom Apartments

1530 N 1st Ave

1530 N 1st AveMelrose Park, IL 60160
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432 S Clinton Ave
1 to 3 Bedroom Apartments

432 S Clinton Ave

432 S Clinton AveOak Park, IL 60302
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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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Royal Arms Apartments
Studio to 1 Bedroom Apartments

Royal Arms Apartments

3001 N Thatcher AveRiver Grove, IL 60171
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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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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 1116 Washington - Oak Park in the Downtown Oak Park 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
1116 Washington - Oak Park1116-412Studio,1BA$1,175
1000 - 1010 North Blvd1004-29Studio,1BA$1,195
7520 W Grand AveStudioStudio,1BA$1,225
Pleasant OakStudio - AStudio,1BA$1,250
RRK Ventures LLC0BR/1.0BAStudio,1BA$1,275
1510 N 1st Ave2BD/1BA2BR,1BA$1,350
301-313 N. Oak Park Ave.303 N. Oak Park C & 311 N. Oak Park BStudio,1BA$1,399
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,475
The Bryant at Oak ParkStudioStudio,1BA$1,505
Galewood ResidencesApartments - StudioStudio,1BA$1,589

Best Value Apartments for Rent in Elmwood Park, IL

As of March 15, 2026 the best value apartment in the Elmwood Park area is the $1.52 price per square foot 3215 N Narragansett Ave Model at 3215 N Narragansett Ave, Unit 103 in the in the Dunning neighborhood starting from $4,000. The second greatest value Elmwood Park apartment is the 2305 N Melvina Ave Model at 2305 N Melvina Ave, Unit 1 starting at $2,395 with a $1.09 price per square foot in the Galewood 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.
3215 N Narragansett Ave, Unit 1033215 N Narragansett Ave3BR,2BA$1.52
2305 N Melvina Ave, Unit 12305 N Melvina Ave4BR,2BA$1.09
7131 W Altgeld St7131 W Altgeld St3BR,2BA$1.59
8222 Grand Ave, Unit 3a8222 Grand Ave3BR,2BA$1.60
2833 Auxplaines Ave, Unit Unite 32833 Auxplaines Ave3BR,2BA$1.81
320 Home Ave, Unit Apt. 1320 Home Ave2BR,1BA$1.78
6235 W Diversey Ave, Unit 26235 W Diversey Ave3BR,1BA$1.67
6855 W Addison St, Unit 1R6855 W Addison St3BR,1BA$1.52
947 South Blvd2F2BR,1BA$1.68
1510 N 1st Ave2BD/1BA2BR,1BA$1.59

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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The 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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.

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Elmwood Park, IL

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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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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 1116 Washington - Oak Park 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 $1,425 at RRK Ventures LLC.

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 $1,350 at 1510 N 1st Ave.

What is the most affordable Elmwood Park Three Bedroom Apartment?

The best deal on a cheap Elmwood Park Three Bedroom Apartment rental is at 173-181 N. Grove Ave. and starts from $3,209.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.