Cheap Apartments for Rent in the Downtown Naperville Neighborhood of Naperville, IL from $1,100 (34 Rentals)

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

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131 S Washington St, Unit 1
$1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675
1 Bedroom Apartment Available Now

131 S Washington St, Unit 1

131 S Washington StNaperville, IL 60540
Affordability

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Maple Park
1 to 2 Bedroom Apartments

Maple Park

1330 E Chicago AveNaperville, IL 60540

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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1353 Crab Apple Ct
2 Bedroom Apartments

1353 Crab Apple Ct

1353 Crab Apple CtNaperville, IL 60540
  • Utilities Included
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1491-1493 Georgia Ct.
Studio to 2 Bedroom Apartments

1491-1493 Georgia Ct.

1491 Georgia CtNaperville, IL 60540
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 986 West Ct

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

2 Bedroom, 2 Bath Home for Rent

Available Now

986 West Ct

NapervilleIL60563
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The Washington
1 to 2 Bedroom Apartments

The Washington

720 N Washington StNaperville, IL 60563
  • Utilities Included

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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.

Downtown Naperville, Naperville, IL Local Guide

Cheapest Available Downtown Naperville Apartments for Rent

 

The cheapest available apartment rental in the Downtown Naperville area of Chicago, IL is a Studio unit found at Iroquois Club priced from $1,689. Views of Naperville has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,715. Here are the most affordable Downtown Naperville apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Iroquois ClubStudio Floor Plan S1RStudio,1BA$1,689
Views of Naperville1x1 Scene Superior1BR,1BA$1,715
The Ponds of NapervilleNaper1BR,1BA$1,731
Arbors of BrookdaleAshwood1BR,1BA$1,950
803 Corday at NapervilleWarhol2BR,2BA$2,248
129-133 W Franklin Ave2 Bed 2 Bath2BR,2BA$2,400
McDowell Point 55+ Active Adult Apartment HomesCypress1BR,1BA$2,448
Grand Reserve of NapervillePremium Single-Level + Attached Garage B32BR,2BA$2,875

Best Value Apartments for Rent in Downtown Naperville, IL

As of July 12, 2026 the best value apartment in the Downtown Naperville area is the $2.50 price per square foot 3 Bed / 2 Bath Model at 345-363 W Bauer Rd in the in the South Wheaton neighborhood starting from $4,500. The second greatest value Downtown Naperville apartment is the Premium Single-Level + Attached Garage B3 Model at Grand Reserve of Naperville starting at $2,875 with a $2.54 price per square foot in the Downtown Naperville neighborhood. Here is today’s list of the best values for Downtown Naperville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
345-363 W Bauer Rd3 Bed / 2 Bath3BR,2.5BA$2.50
Grand Reserve of NapervillePremium Single-Level + Attached Garage B32BR,2BA$2.54
803 Corday at NapervilleWarhol2BR,2BA$2.18
129-133 W Franklin Ave2 Bed 2 Bath2BR,2BA$2.40
227 N Brainard St, Unit 4227 N Brainard St2BR,1.5BA$1.89
Arbors of BrookdaleAshwood1BR,1BA$2.31
Views of Naperville1x1 Scene Superior1BR,1BA$2.09
The Ponds of NapervilleNaper1BR,1BA$2.16
Iroquois ClubStudio Floor Plan S1RStudio ,1BA$2.60
131 S Washington St, Unit 1131 S Washington St1BR,1BA$2.81

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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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 Naperville, Naperville, IL

Ranked #31

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Downtown Naperville, Naperville, and the greater Chicago area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Naperville Apartments

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

The lowest price for a Cheap One Bedroom Downtown Naperville Apartment is $1,715 at Views of Naperville.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Naperville is starting from $1,815 at Views of Naperville.

What is the most affordable Downtown Naperville Three Bedroom Apartment?

The best deal on a cheap Downtown Naperville Three Bedroom Apartment rental is at McDowell Point 55+ Active Adult Apartment Homes and starts from $4,265.

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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.