Cheap Homes for Rent in Lombard, IL from $1,400 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in Lombard.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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.

Lombard, IL Local Guide

Cheapest Neighborhoods for Apartments in Lombard, IL

Pricing Updated: 07/28/2025

Current apartment rentals in the Lombard, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lombard Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Lombard$2,874$1,225114

Cheapest Available Lombard Apartments for Rent

 

The cheapest available apartment rental in Lombard, IL is a 1 Bed unit found at Parkside Apartments in the Briarcliffe Knolls neighborhood priced from $1,395. Iron Gate Apartments in the Highland Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Lombard apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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$1,395
The Haven at HighlandThe Retreat1BR,1BA$1,399
400 East1 bedroom1BR,1BA$1,399
The Arbors of Glen EllynOne Bedroom Floor Plan A41BR,1BA$1,417

Best Value Apartments for Rent in Lombard, IL

As of July 28, 2025 the best value apartment in the Lombard area is the $1.30 price per square foot 851 S Addison Rd Model at 851 S Addison Rd, Unit 1 in the in the Elmhurst City Centre neighborhood starting from $2,150. The second greatest value Lombard apartment is the Berkshire Model at 2200 Grace starting at $2,489 with a $1.73 price per square foot in the Highland Hills neighborhood. Here is today’s list of the best values for Lombard apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
851 S Addison Rd, Unit 1851 S Addison Rd3BR,1.5BA$1.30
2200 GraceBerkshire3BR,2BA$1.73
The Easton Downers GroveCullen2BR,2BA$2.09
Elan YorktownB8.22BR,2BA$2.42
Residences at LakesideRoosevelt - Premium Plus3BR,2BA$1.98
Arden of Oak Brook1BC1BR,1BA$2.25
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - RENOVATED1BR,1BA$1.99
Hillcrest ApartmentsA1BR,1BA$2.19
The Arbors of Glen EllynOne Bedroom Floor Plan A41BR,1BA$2.18
400 East1 bedroom1BR,1BA$2.19

Quick Rent Budget Calculator

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Frequently Asked Questions about Lombard

What type of rentals are currently available in Lombard?

There are currently 338 Apartments for Rent in Lombard, IL with pricing that ranges from $1,115 to $8,312. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lombard ranging from $1,450 to $6,500.

What is the current price range for Rental Homes in Lombard?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lombard ranges from $1,450 to $6,500 with an average monthly rent of $2,961.

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.