
Cheap Apartments for Rent in the Downtown Oak Park Neighborhood of Oak Park, IL from $700 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Oak Park area of Oak Park.


1116 Washington - Oak Park

Pleasant Oak

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

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

433 Wisconsin Ave

301-313 N. Oak Park Ave.

Total Monthly Price
515 South Blvd

511-521 S. Cuyler Ave.

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

246 S Marion St

244 S Marion St

Oak Park

421 South Oak Park Avenue

Live in Oak Park

230 S Maple

Bon Villa Apartments

255 S Maple

504-508 S. Cuyler Ave.

300 Madison St
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.

Maple 112-116 1/2

400 Scoville

Harvey

921-923 Lake St

Kenton House

432 S Clinton Ave

Clinton Court

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

421 S Harvey Ave

1036-1038 Randolph St
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.

1035-1045 Washington Blvd

316-24 Lake St

458-466 Washington Blvd

730-734 Carpenter Ave.

Pleasant Home

165 S. Oak Park Ave.

322-330 W Washington Blvd

515 Forest Ave

209 S Oak Park Ave

428 Washington Blvd
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.

631 S. Maple Ave.

421 S. Elmwood Ave.

315 N Maple Ave

311 Marengo Ave

411 Beloit Ave

136 Elgin Ave

Circle Court

Total Monthly Price
602 Elgin Ave, Unit 2E

520 Elgin Ave

300 Des Plaines Ave
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

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 | $1,786 | $895 | $3,029 |
| Downtown Oak Park 1 Bedroom Apartments | $2,145 | $1,295 | $5,500 |
| Downtown Oak Park 2 Bedroom Apartments | $3,194 | $1,650 | $5,079 |
| Downtown Oak Park 3 Bedroom Apartments | $4,922 | $2,600 | $7,600 |
Browse Apartments in this Neighborhood
There are currently 59 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
- Nearby Oak Park neighborhoods
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 504-508 S. Cuyler Ave. | 504 S. Cuyler Studio | Studio,1BA | $1,059 |
| 1116 Washington - Oak Park | 1116-412 | Studio,1BA | $1,175 |
| 1000 - 1010 North Blvd | 1004-29 | Studio,1BA | $1,195 |
| Pleasant Oak | Studio - A | Studio,1BA | $1,250 |
| RRK Ventures LLC | 0BR/1.0BA | Studio,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 Wilcox | 1 Bedroom | 1BR,1BA | $1,369 |
| 301-313 N. Oak Park Ave. | 303 N. Oak Park C & 311 N. Oak Park B | Studio,1BA | $1,399 |
| 511-521 S. Cuyler Ave. | 513 S. Cuyler E & 519 S. Cuyler E | 1BR,1BA | $1,439 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 173-181 N. Grove Ave. | 177 N. Grove E | 3BR,3BA | $1.90 |
| 320 Home Ave, Unit Apt. 1 | 320 Home Ave | 2BR,1BA | $1.78 |
| 112 N Kenilworth Ave, Unit 4E | 112 N Kenilworth Ave | 2BR,2BA | $2.27 |
| 704 S Maple Ave, Unit 3N | 704 S Maple Ave | 1BR,1BA | $2.00 |
| 930 North | 1 Bed - In-Unit Laundry | 1BR,1BA | $2.04 |
| 516 Des Plaines Ave. | 2 Bedroom | 2BR,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 Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.97 |
| 511-521 S. Cuyler Ave. | 513 S. Cuyler E & 519 S. Cuyler E | 1BR,1BA | $1.99 |
| 527-533 Des Plaines Ave. and 7624-7626 Wilcox | 1 Bedroom | 1BR,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.
Read ArticleThe 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 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 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

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
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.

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

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.

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.

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.