Cheap Homes for Rent in Elmwood Park, IL from $1,000 (37 Rentals)

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

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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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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property at 8000 Grand Ave

8000 Grand Ave

River GroveIL60171

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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Showing Results 1-37, Page 1 of 1

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 Pleasant Oak in the Downtown Oak Park neighborhood priced from $1,175. 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
Pleasant OakStudio - AStudio,1BA$1,175
7520 W Grand AveStudioStudio,1BA$1,175
37 Rockford Ave.37 Rockford 1 Bedroom1BR,1BA$1,325
165 S. Oak Park Ave.165 S. Oak ParkStudio,1BA$1,335
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,350
1510 N 1st Ave2BD/1BA2BR,1BA$1,350
720 Washington1 BD Remodeled Dishwasher Original Floor1BR,1BA$1,575

Best Value Apartments for Rent in Elmwood Park, IL

As of July 25, 2025 the best value apartment in the Elmwood Park area is the $1.24 price per square foot 3 bedroom 2 bath Model at 901 Ontario Apartments in the in the Downtown Oak Park neighborhood starting from $1,950. The second greatest value Elmwood Park apartment is the 2602 N 74th Ct Model at 2602 N 74th Ct, Unit 2602 n 74th court starting at $2,400 with a $1.71 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.
901 Ontario Apartments3 bedroom 2 bath3BR,2BA$1.24
2602 N 74th Ct, Unit 2602 n 74th court2602 N 74th Ct3BR,2BA$1.71
Oak Park City ApartmentsTwo Bedroom, Two Bath (C12)2BR,2BA$2.11
2017 N 72nd Ct, Unit 22017 N 72nd Ct3BR,2BA$1.65
2000 N 17th Ave, Unit 12000 N 17th Ave3BR,1BA$1.67
2036 N 72nd Ct, Unit 12036 N 72nd Ct2BR,1BA$1.55
1528 N Harlem Ave, Unit 3E1528 N Harlem Ave2BR,1BA$1.94
1116 Washington - Oak Park1116-1102BR,1BA$1.94
1510 N 1st Ave2BD/1BA2BR,1BA$1.59
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.80

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Frequently Asked Questions about Elmwood Park

What type of rentals are currently available in Elmwood Park?

There are currently 696 Apartments for Rent in Elmwood Park, IL with pricing that ranges from $900 to $9,250. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Park ranging from $1,000 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 $1,000 to $5,250 with an average monthly rent of $2,778.

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 $1,695 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 $4,400 and Four Bedroom Apartments start at $4,000.

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.

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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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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.

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

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.