Cheap Homes for Rent in Elmwood Park, IL from $700 (24 Rentals)

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

property at 725 Woodbine Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

725 Woodbine Ave

Oak ParkIL60302
property at 4236 N Ozark Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 0.5 Bath Home for Rent

Available Now

4236 N Ozark Ave

NorridgeIL60706
property at 4236 N Ozark Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 0.5 Bath Home for Rent

Available Now

4236 N Ozark Ave

NorridgeIL60706

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property at 7234 W North Ave

$1,380

Total Monthly Price

Total Monthly Price

Base Rent
$1,380

Total Monthly Price
$1,380

1 Bedroom, 1 Bath Condo for Rent

Available Now

7234 W North Ave, Unit 7234

7234 W North Ave
Elmwood ParkIL60707

Rent According to Income: A Look at Income-Restricted Rentals

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property at 2435 N 78th Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

2435 N 78th Ave, Unit GN

2435 N 78th Ave
Elmwood ParkIL60707

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

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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 $995. 1116 Washington - Oak Park in the Downtown Oak Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here is today’s list of the most affordable Elmwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1000 - 1010 North Blvd1016-12Studio,1BA$995
1116 Washington - Oak Park1116-408Studio,1BA$1,225
8519 West Grand Avenue1BR/1.0BA1BR,1BA$1,250
7520 W Grand AveStudioStudio,1BA$1,300
6221 W Wabansia Ave2 Beds, 1 Baths2BR,1BA$1,395

Best Value Apartments for Rent in Elmwood Park, IL

As of July 27, 2026 the best value apartment in the Elmwood Park area is the $1.47 price per square foot 2726 N Nordica Ave Model at 2726 N Nordica Ave, Unit 3 in the in the Dunning neighborhood starting from $2,500. 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.
2726 N Nordica Ave, Unit 32726 N Nordica Ave3BR,1.5BA$1.47
901 Ontario Apartments3 bedroom 2 bath3BR,2BA$1.24
511 Lake St, Unit 511-3 Lake Street511 Lake St4BR,1BA$1.40
2918 N 75th Ct, Unit Elmwood park unit2918 N 75th Ct3BR,1BA$1.62
6224 W Diversey Ave, Unit 1st floor6224 W Diversey Ave3BR,1BA$1.87
8306 Grand Ave, Unit 1N8306 Grand Ave2BR,1.5BA$1.75
2345 N Rutherford Ave, Unit FL #12345 N Rutherford Ave3BR,1BA$1.82
6835 W Addison St, Unit Second floor front6835 W Addison St2BR,1BA$1.83
1619 N McVicker Ave, Unit J09P1619 N McVicker Ave1BR,1BA$1.75
7700 W Altgeld St, Unit 37700 W Altgeld St1BR,1BA$1.37

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

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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 Elmwood Park

What type of rentals are currently available in Elmwood Park?

There are currently 700 Apartments for Rent in Elmwood Park, IL with pricing that ranges from $995 to $7,627. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Park ranging from $750 to $6,000.

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 $750 to $6,000 with an average monthly rent of $2,982.

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 $1,895 to $7,627, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $5,100. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,100.

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.

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