Cheap Apartments for Rent in the Downtown Lombard Neighborhood of Lombard, IL from $1,100 (10 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 230 W Division St priced from $1,150. Gentry Manor 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
230 W Division St1 Bed 1 Bath1BR,1BA$1,150
Gentry Manor Apartments1 Bed1BR,1BA$1,395
Versailles on the Lakes Oakbrook*Calais - NorthStudio,1BA$1,636

Best Value Apartments for Rent in Downtown Lombard, IL

As of May 31, 2025 the best value apartment in the Downtown Lombard area is the $1.78 price per square foot Berkshire Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,563. The second greatest value Downtown Lombard apartment is the Grande Style A Model at Lilac Station starting at $3,150 with a $2.97 price per square foot in the Addison Industrial District 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.
2200 GraceBerkshire3BR,2BA$1.78
Lilac StationGrande Style A2BR,2BA$2.97
Westmore2bd1ba2BR,1BA$1.99
Park 150 ApartmentsLincoln1BR,1BA$2.30
Glenwood StationBetts Furnished Apartment1BR,1BA$5.17
Gentry Manor Apartments1 Bed1BR,1BA$1.99
Ovaltine CourtGarden 698 SF1BR,1BA$3.02
230 W Division St1 Bed 1 Bath1BR,1BA$1.69
Versailles on the Lakes Oakbrook*Calais - OakbrookStudio ,1BA$3.20

Quick 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.

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Pet Friendly Lifestyle
Downtown Lombard, Lombard, IL

Ranked #3

Among neighborhoods in Lombard, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Downtown Lombard Neighborhood in Lombard, IL

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

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 $1,636.

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

The lowest price for a Cheap One Bedroom Downtown Lombard Apartment is $1,150 at 230 W Division St.

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 $1,790 at Westmore.

What is the most affordable Downtown Lombard Three Bedroom Apartment?

The best deal on a cheap Downtown Lombard Three Bedroom Apartment rental is at 2200 Grace and starts from $2,563.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.