Cheap Apartments for Rent in the Downtown Lombard Neighborhood of Lombard, IL from $1,200 (12 Rentals)

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Village Apartments
1 to 2 Bedroom Apartments

Village Apartments

49 N Park AveLombard, 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 Maple Crossing Apartments priced from $1,290. Parkside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here are the most affordable Downtown Lombard apartments for rent in Lombard, IL:

Apartment ListingModel NameBed/BathPriced From
Maple Crossing ApartmentsOne Bedroom1BR,1BA$1,290
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - RENOVATED1BR,1BA$1,395
Iron Gate Apartments1 BED / 1.0 BATH, 564 SQ FT - RENOVATED1BR,1BA$1,440
International Village LombardA1BR,1BA$1,550
Versailles on the Lakes Oakbrook*Calais - NorthStudio,1BA$1,696

Best Value Apartments for Rent in Downtown Lombard, IL

As of January 27, 2026 the best value apartment in the Downtown Lombard area is the $2.26 price per square foot 2BC Model at Arden of Oak Brook in the in the Highland Hills neighborhood starting from $3,035. The second greatest value Downtown Lombard apartment is the B3 Model at The 450 starting at $3,425 with a $2.68 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.
Arden of Oak Brook2BC2BR,2BA$2.26
The 450B32BR,2BA$2.68
Elite Luxury Apartments2 Bedroom2BR,2BA$2.36
Apex 400 Apartments2 Bedroom 2 Bath 1195 Sq. ft.2BR,2BA$3.10
Glenwood StationKohlman Style D2BR,2BA$3.34
International Village LombardA1BR,1BA$2.04
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - BPC RENOVATED1BR,1BA$2.07
Iron Gate Apartments1 BED / 1.0 BATH, 564 SQ FT - RENOVATED1BR,1BA$2.55
Maple Crossing ApartmentsOne Bedroom1BR,1BA$2.35
Versailles on the Lakes Oakbrook*Calais - OakbrookStudio ,1BA$3.29

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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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.

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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

What is the Cheapest Studio apartment in Downtown Lombard?

Currently the most affordable Cheap Studio Apartment in Downtown Lombard is at Versailles on the Lakes Oakbrook* listed at $1,696.

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

The lowest price for a Cheap One Bedroom Downtown Lombard Apartment is $1,290 at Maple Crossing 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 $1,595 at Iron Gate Apartments.

What is the most affordable Downtown Lombard Three Bedroom Apartment?

The best deal on a cheap Downtown Lombard Three Bedroom Apartment rental is at Versailles on the Lakes Oakbrook* and starts from $2,799.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.