Cheap Homes for Rent in Elmwood Park, IL from $1,100 (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 310 Lathrop Ave

310 Lathrop Ave

Forest ParkIL60130

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.

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.

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.

property at 8000 Grand Ave

8000 Grand Ave

River GroveIL60171
property at 8000 Grand Ave

8000 Grand Ave

River GroveIL60171

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.

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 1000 - 1010 North Blvd in the Downtown Oak Park neighborhood priced from $975. 7520 W Grand Ave in the Dunning neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Elmwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1000 - 1010 North Blvd1016 1/2 North 14Studio,1BA$975
7520 W Grand AveStudioStudio,1BA$1,175
930 North2 Bedroom2BR,2BA$1,335
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,350
1116 Washington - Oak Park1116-4161BR,1BA$1,350
RRK Ventures LLC1BR/1.0BA1BR,1BA$1,375
37 Rockford Ave.37 Rockford 1 Bedroom1BR,1BA$1,399
301-313 N. Oak Park Ave.303 N. Oak Park C & 311 N. Oak Park BStudio,1BA$1,399
8624 Fullerton Ave2BD/1BA2BR,1BA$1,400

Best Value Apartments for Rent in Elmwood Park, IL

As of September 15, 2025 the best value apartment in the Elmwood Park area is the $1.52 price per square foot 2 Bed / 2 Bath Model at 6700NORTH in the in the Frank Lloyd Wright Historic District neighborhood starting from $2,595. The second greatest value Elmwood Park apartment is the 3 bedroom 2 bath Model at 901 Ontario Apartments starting at $1,950 with a $1.24 price per square foot in the Downtown Oak Park 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.
6700NORTH2 Bed / 2 Bath2BR,2BA$1.52
901 Ontario Apartments3 bedroom 2 bath3BR,2BA$1.24
2725 N 75th Ave, Unit 2nd floor2725 N 75th Ave3BR,1.5BA$1.43
2318 N 72nd Ct, Unit 22318 N 72nd Ct3BR,1.5BA$1.48
214 Chicago Ave, Unit 3214 Chicago Ave3BR,1BA$1.66
2000 N 17th Ave, Unit 12000 N 17th Ave3BR,1BA$1.67
930 North2 Bedroom2BR,2BA$1.11
2345 N Rutherford Ave, Unit FL #22345 N Rutherford Ave2BR,1BA$1.68
4123 N Narragansett Ave, Unit 3rd floor4123 N Narragansett Ave2BR,1BA$1.33
8624 Fullerton Ave2BD/1BA2BR,1BA$1.65

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

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

Explore Elmwood Park, IL Rentals by Map

View Map
Elmwood Park, IL Apartments Map
View Map
Elmwood Park, IL Rental Homes Map

Frequently Asked Questions about Elmwood Park

What type of rentals are currently available in Elmwood Park?

There are currently 692 Apartments for Rent in Elmwood Park, IL with pricing that ranges from $975 to $10,871. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Park ranging from $1,150 to $5,250.

What is the current price range for Rental Homes in Elmwood Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmwood Park ranges from $1,150 to $5,250 with an average monthly rent of $2,681.

How much are larger Three and Four Bedroom Rentals in Elmwood Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmwood Park range from $1,900 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,499. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $3,400.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.