Cheap Homes for Rent in Elmwood Park, IL from $1,000 (27 Rentals)

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property at 2617 N 74th Ave

2617 N 74th Ave

Elmwood ParkIL60707

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 $895. 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 Blvd1010-16Studio,1BA$895
7520 W Grand AveStudioStudio,1BA$1,175
1116 Washington - Oak Park1116-412Studio,1BA$1,200
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,350
RRK Ventures LLC1BR/1.0BA1BR,1BA$1,375
The Bryant at Oak ParkStudioStudio,1BA$1,565

Best Value Apartments for Rent in Elmwood Park, IL

As of November 03, 2025 the best value apartment in the Elmwood Park area is the $1.58 price per square foot 202 N Ridgeland Ave Model at 202 N Ridgeland Ave, Unit 2 in the in the Downtown Oak Park neighborhood starting from $3,000. The second greatest value Elmwood Park apartment is the 2 Bed / 2 Bath Model at 6700NORTH starting at $2,795 with a $1.63 price per square foot in the Frank Lloyd Wright Historic District 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.
202 N Ridgeland Ave, Unit 2202 N Ridgeland Ave3BR,1BA$1.58
6700NORTH2 Bed / 2 Bath2BR,2BA$1.63
3618 N Ozanam Ave, Unit 33618 N Ozanam Ave3BR,1.5BA$1.34
2725 N 75th Ave, Unit 2nd floor2725 N 75th Ave3BR,1.5BA$1.43
1619 N Merrimac Ave, Unit 11619 N Merrimac Ave2BR,1BA$1.31
206 N Kenilworth Ave, Unit 1206 N Kenilworth Ave2BR,1BA$1.46
The BrixenMontclare2BR,2BA$1.57
2806 N Rutherford Ave, Unit 1 N2806 N Rutherford Ave2BR,1BA$1.68
2624 N 75th Ave, Unit Elmwood Apartment2624 N 75th Ave1BR,1BA$1.53
1750 Riverwoods Dr, Unit 1091750 Riverwoods Dr1BR,1BA$1.75

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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 $895 to $9,250. There are also 119 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Park ranging from $1,000 to $5,000.

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 $1,000 to $5,000 with an average monthly rent of $2,768.

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 $1,800 to $8,776, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,200.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.