
Cheap Apartments for Rent in Oak Park, IL from $700 (237 Rentals)
Search the lowest-cost Apartments available for rent right now in Oak Park.


826 S Austin Blvd

Oak Park Residence Corporation

1000 - 1010 North Blvd

Clarence & Harrison Apartments

301-313 N. Oak Park Ave.

618-632 S. Austin Blvd.

Pleasant Oak

101-111 S. Harvey Ave. and 237-249 South Blvd.

511-521 S. Cuyler 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.

305-315 S. Oak Park Ave. and 803-805 Randolph St.

316 Lake St

Oak Park City Apartments

238-250 Washington Blvd. and 347-357 S. Harvey Ave

Oak Park

421 South Oak Park Avenue

Live in Oak Park

The Ray Apartments

230 S Maple

901-917 S Euclid Ave
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.

817 S. Oak Park Ave.

450-460 N Austin Blvd

North Court

Bon Villa Apartments

301 Harrison

255 S Maple

700 North Austin Blvd

1000 Austin

801-811 S Euclid Ave

Clarence and Van Buren Bldg
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

1000 N Austin

1022 N. Austin

514 S Austin

504-508 S. Cuyler Ave.

7 Van Buren

300 Madison St

206-214 N Austin Blvd

Maple 112-116 1/2

400 Scoville

422-426 S Taylor Ave
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.

944-964 S. Oak Park Avenue

930 N Austin Blvd

Harvey

921-923 Lake St

130 Washington Blvd

Kenton House

901-911 S Clinton

Clinton Court

432 S Clinton Ave

908-910 S Lombard
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.
Oak Park, IL Local Guide

How much does it cost to rent an apartment in Oak Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Oak Park Studio Apartments | $1,624 | $890 | $7,500 |
| Cheap Oak Park 1 Bedroom Apartments | $1,758 | $800 | $9,250 |
| Cheap Oak Park 2 Bedroom Apartments | $2,251 | $1,100 | $5,419 |
| Cheap Oak Park 3 Bedroom Apartments | $2,187 | $1,300 | $4,000 |
| Cheap Oak Park 4 Bedroom Apartments | $2,512 | $1,750 | $4,299 |
| Oak Park 5 Bedroom Apartments | $3,652 | $3,604 | $3,700 |
Browse Top Apartments in Oak Park
See all Apartments in Oak ParkExplore Oak Park
Oak Park, IL Local Guide

- Oak Park Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Oak Park Apartments for Rent
 The cheapest available apartment rental in Oak Park, IL is a Studio unit found at Pine North in the Austin neighborhood priced from $775. 5501 W Washington Blvd Chicago, IL 60644 in the Austin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here is today’s list of the most affordable Oak Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine North | 0BR/1.0BA | Studio,1BA | $775 |
| 5501 W Washington Blvd Chicago, IL 60644 | Studio Apartment | Studio,1BA | $890 |
| 5957-73 W Madison St 11-17 S Austin Chicago, IL 60644 | Studio Apartment | Studio,1BA | $915 |
| 5101 W Monroe St Chicago, IL 60644 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,050 |
| 5125 W Madison St Chicago, IL 60644 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,080 |
| 418-24 S Laramie Ave Chicago, IL 60644 | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1,120 |
| 330 N Pine Ave Chicago, IL 60644 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,125 |
| 1530 N 1st Ave | 1BD/1BA | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Oak Park, IL
As of January 11, 2026 the best value apartment in the Oak Park area is the $0.93 price per square foot 6853 W Belmont Ave Model at 6853 W Belmont Ave, Unit 1R in the in the Dunning neighborhood starting from $2,800. The second greatest value Oak Park apartment is the 220 N Austin Blvd Model at 220 N Austin Blvd, Unit 3 starting at $1,750 with a $1.17 price per square foot in the Oak Park Historic District neighborhood. Here is today’s list of the best values for Oak Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6853 W Belmont Ave, Unit 1R | 6853 W Belmont Ave | 2BR,2.5BA | $0.93 |
| 220 N Austin Blvd, Unit 3 | 220 N Austin Blvd | 1BR,1BA | $1.17 |
| 112 Chicago Ave, Unit 2 | 112 Chicago Ave | 3BR,1BA | $1.29 |
| 2728 N Mulligan Ave, Unit 2 | 2728 N Mulligan Ave | 2BR,1BA | $1.14 |
| 1731 N Central Ave, Unit 1 | 1731 N Central Ave | 2BR,1BA | $1.24 |
| 5301 W Jackson Blvd, Unit 2 | 5301 W Jackson Blvd | 2BR,1BA | $1.17 |
| 2117 Scoville Ave, Unit Unit 1 | 2117 Scoville Ave | 2BR,1BA | $1.34 |
| 148 N La Crosse Ave Chicago, IL 60644 | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.18 |
| 2125 N Lorel Ave, Unit Garden bedroom for rent | 2125 N Lorel Ave | 1BR,1BA | $0.80 |
| 4814-4820 W Monroe St Chicago, IL 60644 | 2 Bedroom 1 Bath Garden | 2BR,1BA | $1.36 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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.
Oak Park Overview
Located in the heart of Chicago's west side, Oak Park apartments are an ideal way to get to know the Windy City and all that it has to offer. From a thriving job market to the cultural excitement of one of the nation's most popular destinations, Oak Park is an in-demand locale brimming with opportunity.
Why live in Oak Park, IL?
Offering easy access to one of the most in-demand cities in the world, Oak Park apartments are a hot commodity indeed. Offering a wide range of school options as well as a consistent job market, this dynamic city is an ideal slice of life in the state of Illinois.
Best Local Schools in Oak Park, IL
William Beye Elementary School
Gwendolyn Brooks Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oak Park, IL Rentals by Map
See the most popular apartments and homes in Oak Park, IL
Frequently Asked Questions about Cheap Oak Park Apartments
What is the Cheapest Studio apartment in Oak Park?
Currently the most affordable Cheap Studio Apartment in Oak Park is at Pine North listed at $775.
How much is rent for a Cheap One Bedroom Oak Park Apartment?
The lowest price for a Cheap One Bedroom Oak Park Apartment is $1,045 at 5957-73 W Madison St 11-17 S Austin Chicago, IL 60644.
What is the lowest price for a Cheap Two Bedroom Oak Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oak Park is starting from $1,100 at Pine North.
What is the most affordable Oak Park Three Bedroom Apartment?
The best deal on a cheap Oak Park Three Bedroom Apartment rental is at 5448 W Adams St 119-21 N Lotus Chicago, IL 60644 and starts from $1,275.
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!