Cheap Apartments for Rent in Oak Park, IL from $700 (239 Rentals)

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Search the lowest-cost Apartments available for rent right now in Oak Park.

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.

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Oak Park
Studio Apartments

Oak Park

853 Washington BlvdOak Park, IL 60302
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421 South Oak Park Avenue
Studio to 1 Bedroom Apartments

421 South Oak Park Avenue

419-421 S Oak Park AveOak Park, IL 60302
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Live in Oak Park
Studio to 3 Bedroom Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
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The Ray Apartments
Studio Apartments

The Ray Apartments

1118-1126 S Austin BlvdOak Park, IL 60304
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230 S Maple
1 Bedroom Apartments

230 S Maple

230-238 S Maple AveOak Park, IL 60302
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SouthCourt
Studio to 2 Bedroom Apartments

SouthCourt

37-41 South BlvdOak Park, IL 60302
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901-917 S Euclid Ave
1 Bedroom Apartments

901-917 S Euclid Ave

901-917 S Euclid AveOak Park, IL 60304
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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.

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817 S. Oak Park Ave.
Studio Apartments

817 S. Oak Park Ave.

817-819 S Oak Park AveOak Park, IL 60304
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450-460 N Austin Blvd
1 Bedroom Apartments

450-460 N Austin Blvd

450-460 N Austin BlvdOak Park, IL 60302
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North Court
Studio to 1 Bedroom Apartments

North Court

480 N Austin BlvdOak Park, IL 60302
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Bon Villa Apartments
Studio Apartments

Bon Villa Apartments

320 Wisconsin AveOak Park, IL 60302
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301 Harrison
Studio Apartments

301 Harrison

301 Harrison StOak Park, IL 60304
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1000 Austin
2 Bedroom Apartments

1000 Austin

1000-06 S Austin BlvdOak Park, IL 60304
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255 S Maple
Studio Apartments

255 S Maple

1140-1144 N Randolph StOak Park, IL 60302
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700 North Austin Blvd
1 Bedroom Apartments

700 North Austin Blvd

700 N Austin BlvdOak Park, IL 60302
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1000 N Austin
1 Bedroom Apartments

1000 N Austin

1000 N Austin BlvdOak Park, IL 60302
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1022 N. Austin
1 Bedroom Apartments

1022 N. Austin

1022-1024 N AustinOak Park, IL 60302
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514 S Austin
1 Bedroom Apartments

514 S Austin

514 S Austin BlvdOak Park, IL 60304
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7 Van Buren
1 Bedroom Apartments

7 Van Buren

404 S Austin BlvdOak Park, IL 60304
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300 Madison St
Studio to 2 Bedroom Apartments

300 Madison St

300 Madison StOak Park, IL 60302
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400 Scoville
1 Bedroom Apartments

400 Scoville

400-412 S Scoville AveOak Park, IL 60302
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206-214 N Austin Blvd
1 Bedroom Apartments

206-214 N Austin Blvd

206-214 N Austin BlvdOak Park, IL 60302
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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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422-426 S Taylor Ave
1 to 2 Bedroom Apartments

422-426 S Taylor Ave

422-426 S Taylor AveOak Park, IL 60302
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Oak Park, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

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 $765. Washington Plaza in the Austin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $810. Here is today’s list of the most affordable Oak Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pine North0BR/1.0BAStudio,1BA$765
Washington PlazaStudio ApartmentStudio,1BA$810
5957 W Madison StStudio ApartmentStudio,1BA$920
5001 W Adams StStudio ApartmentStudio,1BA$955
5201 W Washington Blvd (old)2 Bedroom, 1 Bath2BR,1BA$1,045
902-910 N. Austin Blvd. and 4-10 Iowa St.4 Iowa L & 8 Iowa M1BR,1BA$1,075
5100-04 W Madison St2 Bedroom 1 Bathroom Apartment2BR,1BA$1,080

Best Value Apartments for Rent in Oak Park, IL

As of July 07, 2025 the best value apartment in the Oak Park area is the $1.50 price per square foot 5021 W Belden St Model at 5021 W Belden St, Unit 2W in the in the Cragin neighborhood starting from $2,250. The second greatest value Oak Park apartment is the 162 N La Crosse Ave Model at 162 N La Crosse Ave, Unit 2nd Fl. starting at $1,850 with a $1.32 price per square foot in the Austin neighborhood. Here is today’s list of the best values for Oak Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5021 W Belden St, Unit 2W5021 W Belden St3BR,1BA$1.50
162 N La Crosse Ave, Unit 2nd Fl.162 N La Crosse Ave2BR,1BA$1.32
1227 N Parkside Ave, Unit Garden1227 N Parkside Ave2BR,1BA$1.25
310 N Menard2 Bedroom 1 Bath Apartment with dining2BR,1BA$1.44
1107 Hannah Ave, Unit Apt # 21107 Hannah Ave2BR,1BA$1.43
902-910 N. Austin Blvd. and 4-10 Iowa St.4 Iowa L & 8 Iowa M1BR,1BA$1.19
950 N Mayfield Ave, Unit 2N950 N Mayfield Ave1BR,1BA$1.29
5214 W Crystal St, Unit 15214 W Crystal St2BR,1BA$1.50
5328 W Harrison2 Bedroom 1 Bath Apartment2BR,1BA$1.51
5309 W Jackson Blvd, Unit 2ndfloor5309 W Jackson Blvd2BR,1BA$1.30

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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.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oak Park, IL Rentals by Map

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Getting Around Oak Park, IL

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

59 / 100

Good Transit

Many nearby public transportation options

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 $765.

How much is rent for a Cheap One Bedroom Oak Park Apartment?

The lowest price for a Cheap One Bedroom Oak Park Apartment is $995 at Pine North.

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 $1,045 at 5201 W Washington Blvd (old).

What is the most affordable Oak Park Three Bedroom Apartment?

The best deal on a cheap Oak Park Three Bedroom Apartment rental is at 5100-04 W Madison St and starts from $1,345.

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.

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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.

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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.