
Cheap Homes for Rent in Elmwood Park, IL from $900 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Elmwood Park.


7610 W Grand Ave

7432 Washington St

4431 N Newcastle Ave, Unit G

2708 N Newland Ave

6337 W Patterson Ave, Unit 2

8301 O Connor Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

7428 Washington St

4600 N Cumberland Ave, Unit 513, Unit 513

4600 N Cumberland Ave

2412 N 76th Ave

215 Marengo Ave, Unit 6F, Unit 6F

212 N Oak Park Ave, Unit 1DD, Unit 1DD

721 South Blvd
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.

7408 W Addison St

2310 N Harlem Ave

2310 N Harlem Ave

3151 N Melvina Ave

1025 N Harlem Ave

7612 W Belmont Ave

6340 W Belmont Ave, Unit 304
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.
Elmwood Park, IL Local Guide

How much does it cost to rent a home in Elmwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Park 2 Bedroom Homes for Rent | $2,610 | $1,600 | $3,395 |
| Elmwood Park 3 Bedroom Homes for Rent | $3,029 | $2,100 | $5,000 |
| Elmwood Park 4 Bedroom Homes for Rent | $4,569 | $3,200 | $5,300 |
Browse Top Homes for Rent in Elmwood Park
Explore Elmwood Park
Elmwood Park, IL Local Guide
- Elmwood Park Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,195. 411-419 Thatcher Ave. in the North Maywood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,259. Here is today’s list of the most affordable Elmwood Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1000 - 1010 North Blvd | 1012 1/2 -44 | Studio,1BA | $1,195 |
| 411-419 Thatcher Ave. | 415 Thatcher E & 417 Thatcher D | Studio,1BA | $1,259 |
| 7520 W Grand Ave | Studio | Studio,1BA | $1,300 |
| 1116 Washington - Oak Park | 1116-103 | 1BR,1BA | $1,350 |
| 720 Washington | 1 BD Semi-Remodeled (no dishwasher/painted cabs) | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Elmwood Park, IL
As of April 25, 2026 the best value apartment in the Elmwood Park area is the $2.18 price per square foot Evergreen 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 2807 N 74th Ct Model at 2807 N 74th Ct, Unit 3a starting at $1,975 with a $1.32 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Grove Luxury Townhomes | Evergreen | 3BR,3.5BA | $2.18 |
| 2807 N 74th Ct, Unit 3a | 2807 N 74th Ct | 2BR,1.5BA | $1.32 |
| 2017 N 72nd Ct, Unit C | 2017 N 72nd Ct | 3BR,2BA | $1.54 |
| 112 N Kenilworth Ave, Unit 4E | 112 N Kenilworth Ave | 2BR,2BA | $2.27 |
| 6337 W Patterson Ave, Unit 2 | 6337 W Patterson Ave | 2BR,1BA | $2.00 |
| 2913 N Narragansett Ave, Unit 2BR - 2Fl | 2913 N Narragansett Ave | 2BR,1BA | $2.09 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.99 |
| 7406 Randolph St. | 2A | 2BR,1BA | $2.36 |
| RRK Ventures LLC | 1BR/1.0BA | 1BR,1BA | $2.08 |
| 720 Washington | 1 BD Semi-Remodeled (no dishwasher/painted cabs) | 1BR,1BA | $2.12 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleBest 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
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick 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.
Best Local Schools in Elmwood Park, IL
Elm Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elmwood Park, IL Rentals by Map
See the most popular apartments and homes in Elmwood Park, IL
Frequently Asked Questions about Elmwood Park
What type of rentals are currently available in Elmwood Park?
There are currently 684 Apartments for Rent in Elmwood Park, IL with pricing that ranges from $1,195 to $10,592. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Park ranging from $990 to $5,300.
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 $990 to $5,300 with an average monthly rent of $2,700.
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 $1,950 to $9,766, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $3,999.
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

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.

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.

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.

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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.