
Cheap Homes for Rent in Downtown Naperville Neighborhood of Naperville, IL from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Naperville area of Naperville.


1495 Georgia Ct

1504 W Jefferson Ave
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.

1486 W Jefferson Ave

353 S Whispering Hills Dr

1216 Tennyson Ln
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.
Downtown Naperville, Naperville, IL Local Guide

How much does it cost to rent a home in Downtown Naperville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Naperville 2 Bedroom Homes for Rent | $2,320 | $1,695 | $3,500 |
| Downtown Naperville 3 Bedroom Homes for Rent | $3,945 | $2,700 | $6,500 |
| Downtown Naperville 4 Bedroom Homes for Rent | $4,192 | $3,100 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Naperville Neighborhood of Naperville, IL.
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Downtown Naperville, Naperville, IL Local Guide
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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 $1,684. The Ponds of Naperville has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,793. Here are the most affordable Downtown Naperville apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Iroquois Club | Studio Floor Plan S1R | Studio,1BA | $1,684 |
| The Ponds of Naperville | Naper | 1BR,1BA | $1,793 |
| Whispering Trails Apartments | wt_2b2b | 2BR,2BA | $1,835 |
Best Value Apartments for Rent in Downtown Naperville, IL
As of May 27, 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 B5 Model at Grand Reserve of Naperville starting at $2,975 with a $2.42 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 345-363 W Bauer Rd | 3 Bed / 2 Bath | 3BR,2.5BA | $2.50 |
| Grand Reserve of Naperville | Premium Single-Level + Attached Garage B5 | 2BR,2BA | $2.42 |
| Views of Naperville | 2x1 Image Superior | 2BR,1BA | $1.77 |
| 129-133 W Franklin Ave | 2 Bed 2 Bath | 2BR,2BA | $2.40 |
| Arbors of Brookdale | Birchwood | 2BR,1BA | $2.45 |
| Whispering Trails Apartments | wt_2b2b | 2BR,2BA | $1.93 |
| 213 N Brainard St | 213 N Brainard St | 2BR,1BA | $1.94 |
| The Ponds of Naperville | Naper | 1BR,1BA | $2.24 |
| 803 Corday at Naperville | Calder | 1BR,1BA | $2.60 |
| Iroquois Club | Studio Floor Plan S1R | Studio ,1BA | $2.59 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Naperville, Naperville, IL
Ranked #30
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Naperville
What type of rentals are currently available in Downtown Naperville?
There are currently 80 Apartments for Rent in Downtown Naperville, IL with pricing that ranges from $1,400 to $15,052. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Naperville ranging from $1,550 to $7,000.
What is the current price range for Rental Homes in Downtown Naperville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Naperville ranges from $1,550 to $7,000 with an average monthly rent of $3,001.
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

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.

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.

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.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.