Cheap Homes for Rent in Oak Brook, IL from $1,000 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Oak Brook, IL Local Guide

Cheapest Available Oak Brook Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oak Brook, IL is a 1 Bed unit found at Argyle Garden Apartments in the Elmhurst City Centre neighborhood priced from $950. The Haven at Highland in the Highland Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,449. Here is today’s list of the most affordable Oak Brook apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Argyle Garden Apartments1x1 6001BR,1BA$950
The Haven at HighlandThe Retreat1BR,1BA$1,449
Colonial GardensG2BR,1BA$1,495
Versailles on the Lakes Oakbrook*Calais - NorthStudio,1BA$1,577
10 S Oak - 318 W Naperville- 508 N Cass318 W Naperville 2 Bed/1 Bath2BR,1BA$1,600

Best Value Apartments for Rent in Oak Brook, IL and Nearby

As of June 25, 2025 the best value apartment in the Oak Brook area is the $2.02 price per square foot Aspen Model at Eldridge Townhomes in the in the Elmhurst City Centre neighborhood starting from $5,266. The second greatest value Oak Brook 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 Oak Brook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eldridge TownhomesAspen3BR,3.5BA$2.02
2200 GraceBerkshire3BR,2BA$1.73
681 56th Pl, Unit 1681 56th Pl3BR,1BA$1.75
Fairview Station2 Beds, 2 Baths2BR,2BA$2.04
Arden of Oak Brook2B2BR,2BA$2.21
Elm Creek ApartmentsButterfield1BR,1BA$2.31
240 W Quincy St, Unit D240 W Quincy St1BR,1BA$1.72
10 S Oak - 318 W Naperville- 508 N Cass508 N Cass 2 bed / 1 Bath2BR,1BA$2.31
Colonial GardensE2BR,1BA$1.89
Argyle Garden Apartments1x1 6001BR,1BA$1.58

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Oak Brook

What type of rentals are currently available in Oak Brook?

There are currently 160 Apartments for Rent in Oak Brook, IL with pricing that ranges from $950 to $22,634. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Brook ranging from $1,000 to $25,000.

What is the current price range for Rental Homes in Oak Brook?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Brook ranges from $1,000 to $25,000 with an average monthly rent of $7,176.

How much are larger Three and Four Bedroom Rentals in Oak Brook?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Brook range from $1,680 to $21,655, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $5,345.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.