Cheap Apartments for Rent in the Downtown Oak Park Neighborhood of Oak Park, IL from $700 (59 Rentals)

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

property at 433 Wisconsin Ave

$1,395 - $2,995

Studio To 2 Bedroom Rentals

Available Now

433 Wisconsin Ave

Oak ParkIL60302

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.

property at 244 S Marion St

$1,500 - $1,750

1 To 2 Bedroom Rentals

Available Apr 1

244 S Marion St

Oak ParkIL60302
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Oak Park
Studio to 1 Bedroom 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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230 S Maple
1 Bedroom Apartments

230 S Maple

230-238 S Maple AveOak Park, IL 60302
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Bon Villa Apartments
Studio to 1 Bedroom Apartments

Bon Villa Apartments

320 Wisconsin AveOak Park, IL 60302
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255 S Maple
Studio to 3 Bedroom Apartments

255 S Maple

1140-1144 N Randolph StOak Park, IL 60302
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504-508 S. Cuyler Ave.
Studio to 1 Bedroom Apartments

504-508 S. Cuyler Ave.

504-508 S Culyer AveOak Park, IL 60304
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300 Madison St
Studio to 3 Bedroom Apartments

300 Madison St

300 Madison StOak Park, IL 60302
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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.

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Maple 112-116 1/2
Studio to 1 Bedroom Apartments

Maple 112-116 1/2

112-122 S Maple AveOak 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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Harvey
Studio to 1 Bedroom Apartments

Harvey

411-415 S Harvey AveOak Park, IL 60302
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921-923 Lake St
1 to 2 Bedroom Apartments

921-923 Lake St

921-923 Lake StOak Park, IL 60301
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Kenton House
Studio to 1 Bedroom Apartments

Kenton House

112-114 Home AveOak Park, IL 60302
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432 S Clinton Ave
1 to 3 Bedroom Apartments

432 S Clinton Ave

432 S Clinton AveOak Park, IL 60302
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Clinton Court
Studio to 2 Bedroom Apartments

Clinton Court

943 Washington BlvdOak Park, IL 60302
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421 S Harvey Ave
1 to 2 Bedroom Apartments

421 S Harvey Ave

421 S Harvey AveOak Park, IL 60302
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1036-1038 Randolph St
Studio Apartments

1036-1038 Randolph St

1036-1038 Randolph StOak Park, IL 60302
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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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316-24 Lake St
Studio to 1 Bedroom Apartments

316-24 Lake St

316-24 Lake StOak Park, IL 60302
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730-734 Carpenter Ave.
Studio to 1 Bedroom Apartments

730-734 Carpenter Ave.

730-734 Carpenter AveOak Park, IL 60304
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Pleasant Home
1 Bedroom Apartments

Pleasant Home

217 Home AveOak Park, IL 60302
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165 S. Oak Park Ave.
Studio Apartments

165 S. Oak Park Ave.

159-171 S Oak Park AveOak Park, IL 60302
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515 Forest Ave
3 Bedroom Apartments

515 Forest Ave

515 Forest AveOak Park, IL 60302
Corporate Housing
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209 S Oak Park Ave
1 to 2 Bedroom Apartments

209 S Oak Park Ave

209 S Oak Park AveOak Park, IL 60302
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428 Washington Blvd
1 to 2 Bedroom Apartments

428 Washington Blvd

428 Washington BlvdOak Park, IL 60302
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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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631 S. Maple Ave.
1 to 2 Bedroom Apartments

631 S. Maple Ave.

631 S Maple AveOak Park, IL 60304
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315 N Maple Ave
1 to 2 Bedroom Apartments

315 N Maple Ave

315 N Maple AveOak Park, IL 60302
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520 Elgin Ave
Studio to 1 Bedroom Apartments

520 Elgin Ave

520 Elgin AveForest Park, IL 60130
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300 Des Plaines Ave
1 Bedroom Apartments

300 Des Plaines Ave

300 Des Plaines AveForest Park, IL 60130
  • Utilities Included

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.

Downtown Oak Park, Oak Park, IL Local Guide

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 504-508 S. Cuyler Ave. priced from $1,059. 1116 Washington - Oak Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Downtown Oak Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
504-508 S. Cuyler Ave.504 S. Cuyler StudioStudio,1BA$1,059
1116 Washington - Oak Park1116-412Studio,1BA$1,175
1000 - 1010 North Blvd1004-29Studio,1BA$1,195
Pleasant OakStudio - AStudio,1BA$1,250
RRK Ventures LLC0BR/1.0BAStudio,1BA$1,275
101-111 S. Harvey Ave. and 237-249 South Blvd.101 S. Harvey W, 103 S. Harvey, 239 South W, 24...1BR,1BA$1,345
527-533 Des Plaines Ave. and 7624-7626 Wilcox1 Bedroom1BR,1BA$1,369
301-313 N. Oak Park Ave.303 N. Oak Park C & 311 N. Oak Park BStudio,1BA$1,399
511-521 S. Cuyler Ave.513 S. Cuyler E & 519 S. Cuyler E1BR,1BA$1,439
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,475

Best Value Apartments for Rent in Downtown Oak Park, IL

As of March 10, 2026 the best value apartment in the Downtown Oak Park area is the $1.90 price per square foot 177 N. Grove E Model at 173-181 N. Grove Ave. in the in the Downtown Oak Park neighborhood starting from $3,209. The second greatest value Downtown Oak Park apartment is the 320 Home Ave Model at 320 Home Ave, Unit Apt. 1 starting at $2,400 with a $1.78 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 ListingModel NameBed/BathPrice Per Sq.Ft.
173-181 N. Grove Ave.177 N. Grove E3BR,3BA$1.90
320 Home Ave, Unit Apt. 1320 Home Ave2BR,1BA$1.78
112 N Kenilworth Ave, Unit 4E112 N Kenilworth Ave2BR,2BA$2.27
704 S Maple Ave, Unit 3N704 S Maple Ave1BR,1BA$2.00
930 North1 Bed - In-Unit Laundry1BR,1BA$2.04
516 Des Plaines Ave.2 Bedroom2BR,1BA$2.28
101-111 S. Harvey Ave. and 237-249 South Blvd.101 S. Harvey W, 103 S. Harvey, 239 South W, 24...1BR,1BA$1.78
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.97
511-521 S. Cuyler Ave.513 S. Cuyler E & 519 S. Cuyler E1BR,1BA$1.99
527-533 Des Plaines Ave. and 7624-7626 Wilcox1 Bedroom1BR,1BA$2.28

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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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 504-508 S. Cuyler Ave. listed at $1,059.

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 $1,345 at 101-111 S. Harvey Ave. and 237-249 South Blvd..

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 $1,915 at 516 Des Plaines Ave..

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

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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.

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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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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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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

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.