
Cheap Apartments for Rent in the Downtown Oak Park Neighborhood of Oak Park, IL from $700 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Oak Park area of Oak Park.


1000 - 1010 North Blvd

Pleasant Oak

1116 Washington - Oak Park

313 S Maple Ave

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

301-313 N. Oak Park Ave.

511-521 S. Cuyler Ave.

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

246 S Marion St
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.

322-330 W Washington Blvd

The Bryant at Oak Park

947 South Blvd

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

1209 N Harlem Ave

212 N Oak Park Ave, Unit 1DD, Unit 1DD

Total Monthly Price
1025 N Harlem Ave, Unit B, Unit B

141 S Oak Park Ave

Oak Park

421 South Oak Park Avenue
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.

Live in Oak Park

230 S Maple

Bon Villa Apartments

255 S Maple

300 Madison St

400 Scoville

112-122 S Maple Ave

Harvey

921-923 Lake St

432 S Clinton 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.

Kenton House

Clinton Court

421 S Harvey Ave

1035-1045 Washington Blvd

1036-1038 Randolph St

316-24 Lake St

458-466 Washington Blvd

504-508 S. Cuyler Ave.

Pleasant Home

720 Washington
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.

405-407 Washington Blvd.

209 S Oak Park Ave

515 Forest Ave

428 Washington Blvd

302-312 Washington Blvd. and 337-345 S. Cuyler Ave.

315 N Maple Ave

304 Home Ave

421 S. Elmwood Ave.

633 S. Maple Ave.

631 S. Maple Ave.
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Downtown Oak Park, Oak Park, IL Local Guide

How much does it cost to rent an apartment in Downtown Oak Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Oak Park Studio Apartments | $1,985 | $995 | $3,099 |
| Downtown Oak Park 1 Bedroom Apartments | $2,263 | $1,195 | $5,500 |
| Downtown Oak Park 2 Bedroom Apartments | $3,349 | $1,650 | $6,300 |
| Downtown Oak Park 3 Bedroom Apartments | $6,655 | $2,600 | $9,766 |
Browse Apartments in this Neighborhood
There are currently 82 rentals with your search options within a 1 mile radius of the Downtown Oak Park Neighborhood of Oak Park, IL.
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Downtown Oak Park, Oak Park, IL Local Guide
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Cheapest Available Downtown Oak Park Apartments for Rent
 The cheapest available apartment rental in the Downtown Oak Park area of Chicago, IL is a Studio unit found at 1000 - 1010 North Blvd priced from $1,195. Pleasant Oak has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Downtown Oak Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1000 - 1010 North Blvd | 1012 1/2 -44 | Studio,1BA | $1,195 |
| Pleasant Oak | Studio - A | Studio,1BA | $1,250 |
| 1116 Washington - Oak Park | 1116-103 | 1BR,1BA | $1,350 |
| 720 Washington | 1 BD Semi-Remodeled (no dishwasher/painted cabs) | 1BR,1BA | $1,375 |
| RRK Ventures LLC | 1BR/1.0BA | 1BR,1BA | $1,395 |
| 301-313 N. Oak Park Ave. | 303 N. Oak Park C & 311 N. Oak Park B | Studio,1BA | $1,399 |
| 238-250 Washington Blvd. and 347-357 S. Harvey Ave | 351-353 S. Harvey | 1BR,1BA | $1,419 |
| 532 Des Plaines Ave. | 532 Des Plaines G | 1BR,1BA | $1,469 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1,495 |
| 322-330 W Washington Blvd | 1Bd1Ba | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Downtown Oak Park, IL
As of April 25, 2026 the best value apartment in the Downtown Oak Park area is the $2.27 price per square foot 112 N Kenilworth Ave Model at 112 N Kenilworth Ave, Unit 4E in the in the Downtown Oak Park neighborhood starting from $2,500. The second greatest value Downtown Oak Park apartment is the 1Bd1Ba Model at 322-330 W Washington Blvd starting at $1,495 with a $1.66 price per square foot in the Downtown Oak Park neighborhood. Here is today’s list of the best values for Downtown Oak Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 112 N Kenilworth Ave, Unit 4E | 112 N Kenilworth Ave | 2BR,2BA | $2.27 |
| 322-330 W Washington Blvd | 1Bd1Ba | 1BR,1BA | $1.66 |
| 516 Des Plaines Ave. | 2 Bedroom | 2BR,1BA | $2.28 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.99 |
| 218-228 Pleasant St. and 134-140 S. Harvey Ave. | 220 & 224 Pleasant | 1BR,1BA | $2.15 |
| 238-250 Washington Blvd. and 347-357 S. Harvey Ave | 351-353 S. Harvey | 1BR,1BA | $2.01 |
| 302-312 Washington Blvd. and 337-345 S. Cuyler Ave. | 306 & 308 Washington S, 337 Cuyler S | 1BR,1BA | $2.20 |
| RRK Ventures LLC | 1BR/1.0BA | 1BR,1BA | $2.08 |
| 720 Washington | 1 BD Semi-Remodeled (no dishwasher/painted cabs) | 1BR,1BA | $2.12 |
| 532 Des Plaines Ave. | 532 Des Plaines G | 1BR,1BA | $2.35 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 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.
Best Local Schools in Downtown Oak Park, Oak Park, IL
Oliver W Holmes Elementary School
Gwendolyn Brooks Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Oak Park Apartments
What is the Cheapest Studio apartment in Downtown Oak Park?
Currently the most affordable Cheap Studio Apartment in Downtown Oak Park is at 1000 - 1010 North Blvd listed at $1,195.
How much is rent for a Cheap One Bedroom Downtown Oak Park Apartment?
The lowest price for a Cheap One Bedroom Downtown Oak Park Apartment is $1,350 at 1116 Washington - Oak Park.
What is the lowest price for a Cheap Two Bedroom Downtown Oak Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Oak Park is starting from $1,650 at 7406 Randolph St..
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
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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.

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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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.