
Cheap Homes for Rent in Oak Brook, IL from $1,600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Oak Brook.


5125 Blodgett

317 Calendar Ave

5500 S Madison St

5202 Washington St
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.

515 N Cass Ave

115 N Myrtle Ave

Furnished Studio-Chicago - Westmont - Oak Brook

Furnished Studio-Chicago - Lombard - Oak Brook

631 Balmoral Ave
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.

5202 Washington St

4934 Prospect Ave

624 Prairie Ave

249 E Park Blvd

Furnished Studio-Chicago - Lombard - Yorktown Center
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.

1905 S Wolf Rd
Oak Brook, IL Local Guide

How much does it cost to rent a home in Oak Brook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Brook 2 Bedroom Homes for Rent | $2,540 | $1,700 | $3,600 |
| Oak Brook 3 Bedroom Homes for Rent | $3,365 | $2,500 | $7,500 |
| Oak Brook 4 Bedroom Homes for Rent | $5,600 | $4,200 | $8,500 |
| Oak Brook 5 Bedroom Homes for Rent | $5,750 | $4,500 | $7,000 |
Browse Top Homes for Rent in Oak Brook
Explore Oak Brook
Oak Brook, IL Local Guide
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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 $1,100. Yorktown Apartments in the Highland Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,333. Here is today’s list of the most affordable Oak Brook apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1,100 |
| Yorktown Apartments | S1 | Studio,1BA | $1,333 |
| The Haven at Highland | The Retreat | Studio,1BA | $1,375 |
| Forest Hill Apartments | 1 Bed 1 Bath - sold out | 1BR,1BA | $1,389 |
| Curtiss | 1BR/1.0BA | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Oak Brook, IL and Nearby
As of May 28, 2026 the best value apartment in the Oak Brook area is the $1.87 price per square foot C2 Model at Eldridge Townhomes in the in the South Villa Park neighborhood starting from $5,183. The second greatest value Oak Brook apartment is the 3 BR/ 2 BA newly renovated Model at Spinning Wheel Apartments starting at $3,250 with a $1.73 price per square foot in the Downtown Hinsdale neighborhood. Here is today’s list of the best values for Oak Brook apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eldridge Townhomes | C2 | 3BR,2BA | $1.87 |
| Spinning Wheel Apartments | 3 BR/ 2 BA newly renovated | 3BR,2BA | $1.73 |
| 2200 Grace | C1 | 3BR,2BA | $1.74 |
| The BlueStem | A | 2BR,2BA | $1.50 |
| 771 56th St, Unit 1st Floor | 771 56th St | 3BR,1.5BA | $2.04 |
| Arrive Oak Brook Heights | Butterfield Townhome | 2BR,1.5BA | $1.97 |
| DG Crossing | 1BR/1.0BA | 1BR,1BA | $2.09 |
| Curtiss | 1BR/1.0BA | 1BR,1BA | $1.87 |
| Forest Hill Apartments | 1 Bed 1 Bath - sold out | 1BR,1BA | $1.85 |
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1.83 |
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 ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oak Brook, IL Rentals by Map
See the most popular apartments and homes in Oak Brook, IL
Frequently Asked Questions about Oak Brook
What type of rentals are currently available in Oak Brook?
There are currently 162 Apartments for Rent in Oak Brook, IL with pricing that ranges from $1,100 to $14,269. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Brook ranging from $1,600 to $8,500.
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 $1,600 to $8,500 with an average monthly rent of $3,827.
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 $1,825 to $9,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $7,500. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $3,300.
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.