Cheap Apartments for Rent in the Downtown Oak Park Neighborhood of Oak Park, IL from $700 (82 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 141 S Oak Park Ave

$1,695 - $2,695

Studio To 1 Bedroom Rentals

Available May 1

141 S Oak Park Ave

Oak ParkIL60302
close
View Me
Oak Park
Studio to 1 Bedroom Apartments

Oak Park

853 Washington BlvdOak Park, IL 60302
  • Utilities Included
close
View Me
421 South Oak Park Avenue
Studio to 1 Bedroom Apartments

421 South Oak Park Avenue

419-421 S Oak Park AveOak Park, IL 60302
  • Utilities Included

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.

close
View Me
Live in Oak Park
Studio to 3 Bedroom Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
  • Utilities Included
close
View Me
230 S Maple
1 Bedroom Apartments

230 S Maple

230-238 S Maple AveOak Park, IL 60302
  • Utilities Included
close
View Me
Bon Villa Apartments
Studio to 1 Bedroom Apartments

Bon Villa Apartments

320 Wisconsin AveOak Park, IL 60302
  • Utilities Included
close
View Me
255 S Maple
Studio to 3 Bedroom Apartments

255 S Maple

1140-1144 N Randolph StOak Park, IL 60302
  • Utilities Included
close
View Me
300 Madison St
Studio to 3 Bedroom Apartments

300 Madison St

300 Madison StOak Park, IL 60302
  • Utilities Included
close
View Me
400 Scoville
1 Bedroom Apartments

400 Scoville

400-412 S Scoville AveOak Park, IL 60302
  • Utilities Included
close
View Me
112-122 S Maple Ave
Studio to 1 Bedroom Apartments

112-122 S Maple Ave

112-122 S Maple AveOak Park, IL 60302
close
View Me
Harvey
Studio to 1 Bedroom Apartments

Harvey

411-415 S Harvey AveOak Park, IL 60302
  • Utilities Included
close
View Me
921-923 Lake St
1 to 2 Bedroom Apartments

921-923 Lake St

921-923 Lake StOak Park, IL 60301
close
View Me
432 S Clinton Ave
1 to 3 Bedroom Apartments

432 S Clinton Ave

432 S Clinton AveOak Park, IL 60302
  • Utilities Included

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.

close
View Me
Kenton House
Studio to 1 Bedroom Apartments

Kenton House

112-114 Home AveOak Park, IL 60302
  • Utilities Included
close
View Me
Clinton Court
Studio to 2 Bedroom Apartments

Clinton Court

943 Washington BlvdOak Park, IL 60302
  • Utilities Included
close
View Me
421 S Harvey Ave
1 to 2 Bedroom Apartments

421 S Harvey Ave

421 S Harvey AveOak Park, IL 60302
  • Utilities Included
close
View Me
1036-1038 Randolph St
Studio Apartments

1036-1038 Randolph St

1036-1038 Randolph StOak Park, IL 60302
  • Utilities Included
close
View Me
316-24 Lake St
Studio to 1 Bedroom Apartments

316-24 Lake St

316-24 Lake StOak Park, IL 60302
  • Utilities Included
close
View Me
504-508 S. Cuyler Ave.
Studio to 1 Bedroom Apartments

504-508 S. Cuyler Ave.

504-508 S Culyer AveOak Park, IL 60304
  • Utilities Included
close
View Me
Pleasant Home
1 Bedroom Apartments

Pleasant Home

217 Home AveOak Park, IL 60302
close
View Me
720 Washington
1 Bedroom Apartments

720 Washington

720 Washington BlvdOak Park, IL 60302

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.

close
View Me
209 S Oak Park Ave
1 to 2 Bedroom Apartments

209 S Oak Park Ave

209 S Oak Park AveOak Park, IL 60302
close
View Me
515 Forest Ave
3 Bedroom Apartments

515 Forest Ave

515 Forest AveOak Park, IL 60302
Corporate Housing
close
View Me
428 Washington Blvd
1 to 2 Bedroom Apartments

428 Washington Blvd

428 Washington BlvdOak Park, IL 60302
  • Utilities Included
close
View Me
315 N Maple Ave
1 to 2 Bedroom Apartments

315 N Maple Ave

315 N Maple AveOak Park, IL 60302
  • Utilities Included
close
View Me
304 Home Ave
2 Bedroom Apartments

304 Home Ave

304 Home AveOak Park, IL 60302
close
View Me
633 S. Maple Ave.
1 to 2 Bedroom Apartments

633 S. Maple Ave.

633 S Maple AveOak Park, IL 60304
  • Utilities Included
close
View Me
631 S. Maple Ave.
1 to 2 Bedroom Apartments

631 S. Maple Ave.

631 S Maple AveOak Park, IL 60304

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. 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 ListingModel NameBed/BathPriced From
1000 - 1010 North Blvd1012 1/2 -44Studio,1BA$1,195
Pleasant OakStudio - AStudio,1BA$1,250
1116 Washington - Oak Park1116-1031BR,1BA$1,350
720 Washington1 BD Semi-Remodeled (no dishwasher/painted cabs)1BR,1BA$1,375
RRK Ventures LLC1BR/1.0BA1BR,1BA$1,395
301-313 N. Oak Park Ave.303 N. Oak Park C & 311 N. Oak Park BStudio,1BA$1,399
238-250 Washington Blvd. and 347-357 S. Harvey Ave351-353 S. Harvey1BR,1BA$1,419
532 Des Plaines Ave.532 Des Plaines G1BR,1BA$1,469
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,495
322-330 W Washington Blvd1Bd1Ba1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
112 N Kenilworth Ave, Unit 4E112 N Kenilworth Ave2BR,2BA$2.27
322-330 W Washington Blvd1Bd1Ba1BR,1BA$1.66
516 Des Plaines Ave.2 Bedroom2BR,1BA$2.28
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.99
218-228 Pleasant St. and 134-140 S. Harvey Ave.220 & 224 Pleasant1BR,1BA$2.15
238-250 Washington Blvd. and 347-357 S. Harvey Ave351-353 S. Harvey1BR,1BA$2.01
302-312 Washington Blvd. and 337-345 S. Cuyler Ave.306 & 308 Washington S, 337 Cuyler S1BR,1BA$2.20
RRK Ventures LLC1BR/1.0BA1BR,1BA$2.08
720 Washington1 BD Semi-Remodeled (no dishwasher/painted cabs)1BR,1BA$2.12
532 Des Plaines Ave.532 Des Plaines G1BR,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 Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

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

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.