Cheap Apartments for Rent in the Downtown Lombard Neighborhood of Lombard, IL from $1,100 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Lombard area of Lombard.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

property at 48 S Glenview Ave

$3,500

Total Monthly Price

Total Monthly Price

Base Rent
$3,500

Total Monthly Price
$3,500

4 Bedroom, 1 Bath Home for Rent

Available Now

48 S Glenview Ave

LombardIL60148
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Village Apartments
1 to 2 Bedroom Apartments

Village Apartments

49 N Park AveLombard, IL 60148
  • Utilities Included

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

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17 W Grove St
2 Bedroom Apartments

17 W Grove St

17 W Grove StLombard, IL 60148
  • Utilities Included

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Downtown Lombard, Lombard, IL Local Guide

Cheapest Available Downtown Lombard Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lombard area of Lombard, IL is a 1 Bed unit found at Parkside Apartments priced from $1,395. 1024 E Division St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Downtown Lombard apartments for rent in Lombard, IL:

Apartment ListingModel NameBed/BathPriced From
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - RENOVATED1BR,1BA$1,395
1024 E Division St1Bed 1Ba1BR,1BA$1,400
Iron Gate Apartments1 BED / 1.0 BATH, 564 SQ FT - RENOVATED1BR,1BA$1,440
Park 150 ApartmentsLincoln1BR,1BA$1,710
International Village LombardA1BR,1BA$1,745

Best Value Apartments for Rent in Downtown Lombard, IL

As of July 30, 2026 the best value apartment in the Downtown Lombard area is the $2.55 price per square foot 27 W Park Blvd Model at 27 W Park Blvd, Unit 206 in the in the Downtown Villa Park neighborhood starting from $2,570. The second greatest value Downtown Lombard apartment is the Chaumont - Oakbrook Model at Versailles on the Lakes Oakbrook* starting at $2,405 with a $2.84 price per square foot in the Highland Hills neighborhood. Here is today’s list of the best values for Downtown Lombard apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
27 W Park Blvd, Unit 20627 W Park Blvd1BR,2BA$2.55
Versailles on the Lakes Oakbrook*Chaumont - Oakbrook2BR,1BA$2.84
Park 150 ApartmentsJefferson1BR,1BA$2.24
Lilac StationLincoln Style C1BR,1BA$3.00
International Village LombardA1BR,1BA$2.30
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - BPC RENOVATED1BR,1BA$2.07
The 450Junior 1BRStudio ,1BA$3.19
337 S Ardmore Ave, Unit 2337 S Ardmore Ave1BR,1BA$2.17
1024 E Division St1Bed 1Ba1BR,1BA$2.33
Iron Gate Apartments1 BED / 1.0 BATH, 564 SQ FT - RENOVATED1BR,1BA$2.55

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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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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Pet Friendly Lifestyle
Downtown Lombard, Lombard, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Lombard Apartments

How much is rent for a Cheap One Bedroom Downtown Lombard Apartment?

The lowest price for a Cheap One Bedroom Downtown Lombard Apartment is $1,395 at Parkside Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Lombard Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lombard is starting from $1,700 at 1024 E Division St.

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.

Articles, How-To's, and Tips

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

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.