
Cheap Apartments for Rent in Oak Park, IL from $700 (315 Rentals)
Search the lowest-cost Apartments available for rent right now in Oak Park.


Clarence & Harrison Apartments

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

1116 Washington - Oak Park

1000 - 1010 North Blvd

320 N Austin Blvd, Unit 320 North Austin #5

326 S Maple Ave, Unit C3

Oak Park Residence Corporation

618-632 S. Austin Blvd.

Pleasant Oak
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.

301-313 N. Oak Park Ave.

100-112 S. Harvey Ave. and 223-227 South Blvd.

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

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

322-330 W Washington Blvd

511-521 S. Cuyler Ave.

Oak Park

421 South Oak Park Avenue

Live in Oak Park

The Ray Apartments
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.

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
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.

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

300 Madison St

112-122 S Maple Ave

206-214 N Austin Blvd
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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.

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

Clinton Court
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,633 | $890 | $3,973 |
| Cheap Oak Park 1 Bedroom Apartments | $1,963 | $1,000 | $5,500 |
| Cheap Oak Park 2 Bedroom Apartments | $2,585 | $1,095 | $6,590 |
| Cheap Oak Park 3 Bedroom Apartments | $2,891 | $1,650 | $7,015 |
| Cheap Oak Park 4 Bedroom Apartments | $5,233 | $1,800 | $10,000+ |
| Oak Park 5 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
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 $815. Washington Plaza 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 | $815 |
| Washington Plaza | Studio Apartment | Studio,1BA | $890 |
| 5125 W Madison | Studio Apartment | Studio,1BA | $895 |
| 5957 W Madison | Studio Apartment | Studio,1BA | $915 |
| 5024 W Quincy | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,085 |
| 500 S Laramie | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,095 |
| 5948 W Superior | Studio Apartment | Studio,1BA | $1,100 |
| 5018 W Jackson | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,125 |
| 5001 W Adams | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Oak Park, IL
As of June 14, 2026 the best value apartment in the Oak Park area is the $1.35 price per square foot 5100 W Fulton St Model at 5100 W Fulton St, Unit 1 in the in the Austin neighborhood starting from $3,500. The second greatest value Oak Park apartment is the 328 N Lockwood Ave Model at 328 N Lockwood Ave, Unit 2 starting at $2,340 with a $0.98 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5100 W Fulton St, Unit 1 | 5100 W Fulton St | 4BR,2BA | $1.35 |
| 328 N Lockwood Ave, Unit 2 | 328 N Lockwood Ave | 3BR,1BA | $0.98 |
| 5678 W Washington Blvd, Unit #3 | 5678 W Washington Blvd | 3BR,1BA | $1.33 |
| 217 N Laramie Ave, Unit 1 | 217 N Laramie Ave | 5BR,2BA | $1.08 |
| 5021 W Belden St, Unit 2W | 5021 W Belden St | 3BR,1BA | $1.40 |
| 60 Washington Blvd, Unit 2 | 60 Washington Blvd | 2BR,2BA | $1.33 |
| 2017 N 72nd Ct, Unit C | 2017 N 72nd Ct | 3BR,2BA | $1.54 |
| 109 N Laramie Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.52 |
| 2403 N 75th Ct, Unit A | 2403 N 75th Ct | 1BR,1BA | $1.47 |
| Pine North | 0BR/1.0BA | Studio ,1BA | $1.52 |
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 Pine North listed at $815.
How much is rent for a Cheap One Bedroom Oak Park Apartment?
The lowest price for a Cheap One Bedroom Oak Park Apartment is $1,085 at 5024 W Quincy.
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 $1,095 at 500 S Laramie.
What is the most affordable Oak Park Three Bedroom Apartment?
The best deal on a cheap Oak Park Three Bedroom Apartment rental is at 109 N Laramie Ave and starts from $1,350.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.