725 Woodbine Ave
Oak ParkIL60302
Cheap Homes for Rent in the Downtown Oak Park Neighborhood of Oak Park, IL from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Oak Park area of Oak Park.
7640 Wilcox St
Forest ParkIL60130
316 Marengo Ave
Forest ParkIL60130
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
658 Washington Blvd
Oak ParkIL60302
1301 N Harlem Ave
Oak ParkIL60302
607 Washington Blvd
Oak ParkIL60302
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Downtown Oak Park, Oak Park, IL Local Guide
How much does it cost to rent a home in Downtown Oak Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Oak Park 2 Bedroom Homes for Rent | $2,392 | $1,500 | $3,409 |
| Downtown Oak Park 3 Bedroom Homes for Rent | $3,856 | $2,495 | $5,100 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 504-508 S. Cuyler Ave. priced from $1,175. 1116 Washington - Oak Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. 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 | $1,175 |
| 1116 Washington - Oak Park | 1116-408 | Studio,1BA | $1,225 |
| 1000 - 1010 North Blvd | 1012-33 | Studio,1BA | $1,295 |
Best Value Apartments for Rent in Downtown Oak Park, IL
As of July 22, 2026 the best value apartment in the Downtown Oak Park area is the $1.24 price per square foot 3 bedroom 2 bath Model at 901 Ontario Apartments in the in the Downtown Oak Park neighborhood starting from $1,950. The second greatest value Downtown Oak Park apartment is the 7652 Madison Street - 405 Model at 7652 Madison Street starting at $2,895 with a $2.57 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. |
|---|---|---|---|
| 901 Ontario Apartments | 3 bedroom 2 bath | 3BR,2BA | $1.24 |
| 7652 Madison Street | 7652 Madison Street - 405 | 2BR,2BA | $2.57 |
| 112 N Kenilworth Ave, Unit 1F | 112 N Kenilworth Ave | 2BR,2BA | $2.41 |
| 139-143 S Oak Park Ave | ONE+DEN | 1BR,1.5BA | $2.24 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.99 |
| 322-330 W Washington Blvd | 1Bd1Ba | 1BR,1BA | $2.14 |
| 511-521 S. Cuyler Ave. | 515 S. Cuyler S & 517 S. Cuyler N | 1BR,1BA | $2.19 |
| 532 Des Plaines Ave. | 532 Des Plaines E | 1BR,1BA | $2.35 |
| 100-112 S. Harvey Ave. and 223-227 South Blvd. | 225 South E & W, 227 South E | Studio ,1BA | $2.43 |
| 126-132 N. Elmwood Ave. and 418-426 Lake St. | 424 Lake G | 1BR,1BA | $2.47 |
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
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Downtown Oak Park, Oak Park, IL
Oliver W Holmes Elementary School
Oak Park Esd 97 School District
Public School - Grades PK-5 (471)
10 out of 10
Gwendolyn Brooks Middle School
Oak Park Esd 97 School District
Public School - Grades 6-8 (927)
9 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown Oak Park
What type of rentals are currently available in Downtown Oak Park?
There are currently 304 Apartments for Rent in Downtown Oak Park, IL with pricing that ranges from $1,225 to $6,037. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oak Park ranging from $1,350 to $5,100.
What is the current price range for Rental Homes in Downtown Oak Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Oak Park ranges from $1,350 to $5,100 with an average monthly rent of $2,521.
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.
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