Cheap Homes for Rent in Downtown Oak Park Neighborhood of Oak Park, IL from $1,300 (20 Rentals)

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

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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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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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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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 Pleasant Oak priced from $1,200. 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 $1,269. Here are the most affordable Downtown Oak Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Pleasant OakStudio - BStudio,1BA$1,200
101-111 S. Harvey Ave. and 237-249 South Blvd101 S. Harvey W, 103 S. Harvey, 239 South W, 24...1BR,1BA$1,269
37 Rockford Ave.37 Rockford 1 Bedroom1BR,1BA$1,325
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,350
301-313 N. Oak Park Ave.307 N. Oak Park A & DStudio,1BA$1,399

Best Value Apartments for Rent in Downtown Oak Park, IL

As of July 09, 2025 the best value apartment in the Downtown Oak Park area is the $2.17 price per square foot 112 N Kenilworth Ave Model at 112 N Kenilworth Ave, Unit 1C in the in the Downtown Oak Park neighborhood starting from $2,600. The second greatest value Downtown Oak Park apartment is the 1116-1126 Model at 254 S. Maple Ave. starting at $2,319 with a $2.02 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 1C112 N Kenilworth Ave2BR,2BA$2.17
254 S. Maple Ave.1116-11262BR,1BA$2.02
Oak Park City ApartmentsTwo Bedroom, Two Bathroom (C8)2BR,2BA$2.21
Fountainhead Apartments2 Bed2BR,1BA$1.53
7719 Wilcox St, Unit APT 27719 Wilcox St2BR,1BA$2.11
The Bryant at Oak ParkOne Bedroom One Bath1BR,1BA$1.94
101-111 S. Harvey Ave. and 237-249 South Blvd101 S. Harvey W, 103 S. Harvey, 239 South W, 24...1BR,1BA$1.68
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.80
511-521 S. Cuyler Ave.515 S. Cuyler S & 517 S. Cuyler N1BR,1BA$2.06
421 S. Elmwood Ave.421 Elmwood 1 bedroom1BR,1BA$2.22

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Frequently Asked Questions about Downtown Oak Park

What type of rentals are currently available in Downtown Oak Park?

There are currently 313 Apartments for Rent in Downtown Oak Park, IL with pricing that ranges from $945 to $8,859. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oak Park ranging from $1,350 to $4,299.

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 $4,299 with an average monthly rent of $2,923.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.