
Cheap Apartments for Rent in Oak Park, IL from $700 (231 Rentals)
Search the lowest-cost Apartments available for rent right now in Oak Park.


1000 - 1010 North Blvd

Oak Park Residence Corporation

Pleasant Oak

Clarence & Harrison Apartments

1116 Washington - Oak Park

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

618-632 S. Austin Blvd.

126-132 N. Elmwood Ave. and 418-426 Lake St.

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

201-207 N Harlem Ave

952 Pleasant St

301-313 N. Oak Park Ave.

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

244 S Marion St

901-927 Wesley Ave. and 705-711 Garfield St.

238-250 Washington Blvd. and 347-357 S. Harvey 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.
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.
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.
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.
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 | $1,923 | $895 | $7,500 |
Cheap Oak Park 1 Bedroom Apartments | $2,360 | $980 | $9,250 |
Cheap Oak Park 2 Bedroom Apartments | $2,732 | $900 | $8,670 |
Cheap Oak Park 3 Bedroom Apartments | $2,429 | $1,500 | $3,595 |
Cheap Oak Park 4 Bedroom Apartments | $2,830 | $1,850 | $4,000 |
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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 $765. 5125 W Madison St in the Austin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $885. 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 | $765 |
5125 W Madison St | Studio Apartment | Studio,1BA | $885 |
5957 W Madison St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $980 |
4850 W North Ave | NSTUDIO1 | Studio,1BA | $990 |
723-25 N Central Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,005 |
5018 W Jackson Blvd | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,070 |
Washington Plaza | 1 Bedroom Apartment | 1BR,1BA | $1,095 |
4815 W Monroe St | 1 Bedroom | 1BR,1BA | $1,120 |
500-14 S Laramie Ave | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1,145 |
Best Value Apartments for Rent in Oak Park, IL
As of July 31, 2025 the best value apartment in the Oak Park area is the $1.52 price per square foot MODEL 2 Model at 6700NORTH in the in the Frank Lloyd Wright Historic District neighborhood starting from $2,595. The second greatest value Oak Park apartment is the 3 bedroom 2 bath Model at 901 Ontario Apartments starting at $1,950 with a $1.24 price per square foot in the Downtown Oak Park 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. |
---|---|---|---|
6700NORTH | MODEL 2 | 2BR,2BA | $1.52 |
901 Ontario Apartments | 3 bedroom 2 bath | 3BR,2BA | $1.24 |
The Brixen | Brixen | 2BR,2BA | $1.57 |
162 N La Crosse Ave, Unit 2nd Fl. | 162 N La Crosse Ave | 2BR,1BA | $1.29 |
2007 N Lamon Ave, Unit 1N | 2007 N Lamon Ave | 2BR,1BA | $1.20 |
1102 N Central Ave, Unit 1 | 1102 N Central Ave | 2BR,1BA | $1.48 |
2036 N 72nd Ct, Unit 1 | 2036 N 72nd Ct | 2BR,1BA | $1.55 |
1107 Hannah Ave, Unit Apt # 2 | 1107 Hannah Ave | 2BR,1BA | $1.43 |
3057 N Narragansett Ave, Unit 2 | 3057 N Narragansett Ave | 1BR,1BA | $1.47 |
950 N Mayfield Ave, Unit 2N | 950 N Mayfield Ave | 1BR,1BA | $1.29 |
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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.
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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $980 at 5957 W Madison St.
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 $1,145 at 500-14 S Laramie Ave.
What is the most affordable Oak Park Three Bedroom Apartment?
The best deal on a cheap Oak Park Three Bedroom Apartment rental is at 5036 W Quincy St and starts from $1,430.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.