Cheap Apartments for Rent in the Downtown Lombard Neighborhood of Lombard, IL from $1,175 (13 Rentals)

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

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Mayflower Building
1 to 2 Bedroom Apartments

Mayflower Building

217-219 S Main StLombard, IL 60148
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Village Apartments
1 to 2 Bedroom Apartments

Village Apartments

49 N Park AveLombard, IL 60148
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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. Mayflower Building 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
Mayflower Building1 Bed 1 Bath (93)1BR,1BA$1,400
1024 E Division St1Bed 1Ba1BR,1BA$1,400
Iron Gate Apartments1 BED / 1.0 BATH, 564 SQ FT - RENOVATED1BR,1BA$1,440
Versailles on the Lakes Oakbrook*Dijon - OakbrookStudio,1BA$1,530

Best Value Apartments for Rent in Downtown Lombard, IL

As of September 13, 2026 the best value apartment in the Downtown Lombard area is the $2.36 price per square foot 2 Bedroom Model at Elite Luxury Apartments in the in the Downtown Villa Park neighborhood starting from $2,998. The second greatest value Downtown Lombard apartment is the 2B-SS Model at Arden of Oak Brook starting at $2,515 with a $2.46 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.
Elite Luxury Apartments2 Bedroom2BR,2BA$2.36
Arden of Oak Brook2B-SS2BR,2BA$2.46
27 W Park Blvd27 W Park Blvd1BR,2BA$2.55
Park 150 ApartmentsJefferson1BR,1BA$2.49
International Village LombardA1BR,1BA$2.21
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - BPC RENOVATED1BR,1BA$2.07
Mayflower Building1 Bed 1 Bath (93)1BR,1BA$2.15
1024 E Division St1Bed 1Ba1BR,1BA$2.33
337 S Ardmore Ave, Unit 2337 S Ardmore Ave1BR,1BA$2.00
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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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 $1,530.

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 $1,595 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 $2,808.

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

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