Cheap Apartments for Rent in the Downtown Oak Park Neighborhood of Oak Park, IL from $700 (56 Rentals)

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

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.

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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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400 Scoville
1 Bedroom Apartments

400 Scoville

400-412 S Scoville AveOak 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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Harvey
Studio to 1 Bedroom Apartments

Harvey

411-415 S Harvey 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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Kenton House
Studio to 1 Bedroom Apartments

Kenton House

112-114 Home 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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921-923 Lake St
1 to 2 Bedroom Apartments

921-923 Lake St

921-923 Lake StOak Park, IL 60301
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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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316-24 Lake St
Studio to 1 Bedroom Apartments

316-24 Lake St

316-24 Lake StOak Park, IL 60302
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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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Pleasant Home
1 Bedroom Apartments

Pleasant Home

217 Home 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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633 S. Maple Ave.
1 to 2 Bedroom Apartments

633 S. Maple Ave.

633 S Maple AveOak Park, IL 60304
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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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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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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
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320 Elgin Ave
1 Bedroom Apartments

320 Elgin Ave

320 Elgin AveForest Park, IL 60130
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229  Marengo Ave
1 Bedroom Apartments

229 Marengo Ave

229 Marengo AveForest Park, IL 60130
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102 Rockford Ave
Studio to 1 Bedroom Apartments

102 Rockford Ave

102 Rockford AveForest Park, IL 60130
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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.

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 1000 - 1010 North Blvd priced from $1,195. 101-111 S. Harvey Ave. and 237-249 South Blvd. has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,345. Here are the most affordable Downtown Oak Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1000 - 1010 North Blvd1010-16Studio,1BA$1,195
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
532 Des Plaines Ave.532 Des Plaines D1BR,1BA$1,389
305-315 S. Oak Park Ave. and 803-805 Randolph St.313 S. Oak Park EStudio,1BA$1,399
401-403 Washington Blvd.401-403 Washington1BR,1BA$1,399
405-407 Washington Blvd.405-407 Washington1BR,1BA$1,399
Oak Park City ApartmentsStudio / 1baStudio,1BA$1,408
133 Rockford Ave.1 Bedroom1BR,1BA$1,419
238-250 Washington Blvd. and 347-357 S. Harvey Ave246 Washington AS & BS1BR,1BA$1,439
302-312 Washington Blvd. and 337-345 S. Cuyler Ave.306 & 308 Washington S, 337 Cuyler S1BR,1BA$1,439

Best Value Apartments for Rent in Downtown Oak Park, IL

As of December 03, 2025 the best value apartment in the Downtown Oak Park area is the $1.78 price per square foot 320 Home Ave Model at 320 Home Ave, Unit Apt. 1 in the in the Downtown Oak Park neighborhood starting from $2,400. The second greatest value Downtown Oak Park apartment is the 425 N Maple Ave Model at 425 N Maple Ave, Unit 2 starting at $2,295 with a $1.73 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.
320 Home Ave, Unit Apt. 1320 Home Ave2BR,1BA$1.78
425 N Maple Ave, Unit 2425 N Maple Ave2BR,1BA$1.73
173-181 N. Grove Ave.175. N Grove G & H & 179 N. Grove C & D2BR,1.5BA$1.88
319 Chicago Ave, Unit 2319 Chicago Ave3BR,1BA$2.02
112 N Kenilworth Ave, Unit 2F112 N Kenilworth Ave2BR,2BA$2.00
163 N Lombard Ave, Unit K06J163 N Lombard Ave2BR,1BA$1.82
930 North1 Bed - In-Unit Laundry1BR,1BA$2.04
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
133 Rockford Ave.1 Bedroom1BR,1BA$2.03

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Downtown Oak Park, Oak Park, IL

Ranked #5

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 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 $1,345 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 $2,200 at 930 North.

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.

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!