
Cheap Apartments for Rent in Oak Park, IL from $700 (297 Rentals)
Search the lowest-cost Apartments available for rent right now in Oak Park.


1000 - 1010 North Blvd

826 S Austin Blvd

Oak Park Residence Corporation

Clarence & Harrison Apartments

Pleasant Oak

1116 Washington - Oak Park

618-632 S. Austin Blvd.

6116 W Roosevelt Rd

305-315 S. Oak Park Ave. and 803-805 Randolph St.
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

301-313 N. Oak Park Ave.

415-425 S. Taylor Ave.

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

322-330 W Washington Blvd

511-521 S. Cuyler Ave.

8 Adams St, Unit 8 Adams St

Oak Park

421 South Oak Park Avenue

Live in Oak Park

The Ray Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

230 S Maple

901-917 S Euclid Ave

817 S. Oak Park Ave.

450-460 N Austin Blvd

Bon Villa Apartments

North Court

301 Harrison

700 North Austin Blvd

1000 Austin

801-811 S Euclid Ave
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

255 S Maple

1000 N Austin

Clarence and Van Buren Bldg

1022 N. Austin

514 S Austin

432-438 N. Austin Blvd.

7 Van Buren

425-431 N. Humphrey Ave.

300 Madison St

112-122 S Maple Ave
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

206-214 N Austin Blvd

400 Scoville

422-426 S Taylor Ave

944-964 S. Oak Park Avenue

930 N Austin Blvd

Harvey

921-923 Lake St

130 Washington Blvd

432 S Clinton Ave

901-911 S Clinton
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,645 | $890 | $3,049 |
| Cheap Oak Park 1 Bedroom Apartments | $1,981 | $1,000 | $5,500 |
| Cheap Oak Park 2 Bedroom Apartments | $2,645 | $1,225 | $10,000+ |
| Cheap Oak Park 3 Bedroom Apartments | $2,824 | $1,495 | $7,627 |
| Cheap Oak Park 4 Bedroom Apartments | $2,851 | $1,800 | $4,757 |
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 Washington Plaza in the Austin neighborhood priced from $890. 5836 W Madison in the Oak Park Historic District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Oak Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Plaza | Studio Apartment | Studio,1BA | $890 |
| 5836 W Madison | Studio Apartment | Studio,1BA | $895 |
| 5957 W Madison | Studio Apartment | Studio,1BA | $915 |
| 4850 W North Ave | NSTUDIO1 | Studio,1BA | $990 |
| 1000 - 1010 North Blvd | 1016-12 | Studio,1BA | $995 |
| Pine North | 1BR/1.0BA | 1BR,1BA | $1,050 |
| 723 N Central | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,055 |
| 432-438 N. Austin Blvd. | 432-438 N. Austin Studio | Studio,1BA | $1,059 |
| 418 S Laramie | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1,090 |
Best Value Apartments for Rent in Oak Park, IL
As of July 29, 2026 the best value apartment in the Oak Park area is the $1.06 price per square foot 3 Beds, 3 baths Model at 2717 Wesley Ave in the in the Ogden Avenue District neighborhood starting from $2,095. The second greatest value Oak Park apartment is the 2726 N Nordica Ave Model at 2726 N Nordica Ave, Unit 3 starting at $2,500 with a $1.47 price per square foot in the Dunning 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. |
|---|---|---|---|
| 2717 Wesley Ave | 3 Beds, 3 baths | 3BR,3BA | $1.06 |
| 2726 N Nordica Ave, Unit 3 | 2726 N Nordica Ave | 3BR,1.5BA | $1.47 |
| 901 Ontario Apartments | 3 bedroom 2 bath | 3BR,2BA | $1.24 |
| 1543 N Lorel Ave, Unit 1 | 1543 N Lorel Ave | 3BR,1BA | $1.47 |
| 5021 W Belden St, Unit 2W | 5021 W Belden St | 3BR,1BA | $1.40 |
| 5100 W Madison | 3 Bedroom 2 Bath Apartment with Dining | 3BR,2BA | $1.18 |
| 2252 N Mason Ave, Unit 2252 N Mason | 2252 N Mason Ave | 2BR,1BA | $1.50 |
| 3025 N Parkside Ave, Unit 1 | 3025 N Parkside Ave | 1BR,1BA | $1.47 |
| 2659 N Monitor Ave | 1st floor | 2BR,1BA | $1.29 |
| 7700 W Altgeld St, Unit 3 | 7700 W Altgeld St | 1BR,1BA | $1.37 |
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.
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
Oliver W Holmes 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 Washington Plaza listed at $890.
How much is rent for a Cheap One Bedroom Oak Park Apartment?
The lowest price for a Cheap One Bedroom Oak Park Apartment is $1,050 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 $1,200 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 5100 W Madison and starts from $1,355.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.