Cheap Homes for Rent in Downtown Oak Park Neighborhood of Oak Park, IL from $1,300 (11 Rentals)

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

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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 1000 - 1010 North Blvd priced from $975. 730-734 Carpenter Ave. has the second lowest priced unit, which is a Studio apartment currently listed from $1,249. Here are the most affordable Downtown Oak Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1000 - 1010 North Blvd1016 1/2 North 14Studio,1BA$975
730-734 Carpenter Ave.730 Carpenter S & 734 Carpenter NStudio,1BA$1,249
516 Des Plaines Ave.StudioStudio,1BA$1,285
165 S. Oak Park Ave.165 S. Oak ParkStudio,1BA$1,315
305-315 S. Oak Park Ave. and 803-805 Randolph803 Randolph WStudio,1BA$1,325

Best Value Apartments for Rent in Downtown Oak Park, IL

As of August 30, 2025 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 543 Gunderson Ave Model at 543 Gunderson Ave, Unit # 2 starting at $2,485 with a $1.81 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.
901 Ontario Apartments3 bedroom 2 bath3BR,2BA$1.24
543 Gunderson Ave, Unit # 2543 Gunderson Ave3BR,1BA$1.81
930 North2 Bedroom2BR,2BA$1.11
230 S Kenilworth Ave, Unit 1230 S Kenilworth Ave2BR,1BA$2.04
254 S. Maple Ave.1116-11262BR,1BA$2.02
442 Jackson Blvd, Unit 1S442 Jackson Blvd2BR,1BA$1.59
238-250 Washington Blvd. and 347-357 S. Harvey Ave.248 Washington B1BR,1BA$1.89
7315 Dixon St, Unit GW7315 Dixon St1BR,1BA$1.86
126-132 N. Elmwood Ave. and 418-426 Lake St.418 Lake N & 426 Lake E1BR,1BA$1.92
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.80

Quick Rent Budget Calculator

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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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Best Local Schools in
Downtown Oak Park, Oak Park, IL

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 309 Apartments for Rent in Downtown Oak Park, IL with pricing that ranges from $975 to $9,498. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oak Park ranging from $1,350 to $6,000.

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 $6,000 with an average monthly rent of $3,089.

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.