122 S East Ave, Unit GN
122 S East Ave
Oak ParkIL60302
Cheap Homes for Rent in Downtown Oak Park Neighborhood of Oak Park, IL from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Oak Park area of Oak Park.
7206 Oak Ave
River ForestIL60305
7206 Oak Ave
River ForestIL60305
316 Lake St
Oak ParkIL60302
7432 Washington St
Forest ParkIL60130
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.
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$1,3951 Bedroom Apartments Available Now
7222 Dixon St
7222 Dixon StForest Park, IL 60130
115 Marengo Ave, Unit 505
115 Marengo Ave
Forest ParkIL60130
316 Lake St
Oak ParkIL60302
7428 Washington St
Forest ParkIL60130
7301 Dixon St
Forest ParkIL60130
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.
424 Elgin Ave
Forest ParkIL60130
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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 | $2,556 | $1,695 | $4,000 |
| Downtown Oak Park 3 Bedroom Homes for Rent | $2,583 | $2,400 | $2,750 |
| Downtown Oak Park 4 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 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 $1,059. 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 |
| 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 |
Best Value Apartments for Rent in Downtown Oak Park, IL
As of February 18, 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 319 Chicago Ave Model at 319 Chicago Ave, Unit 2 starting at $2,450 with a $1.98 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 |
| 319 Chicago Ave, Unit 2 | 319 Chicago Ave | 3BR,1BA | $1.98 |
| 112 N Kenilworth Ave, Unit 4E | 112 N Kenilworth Ave | 2BR,2BA | $2.27 |
| 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 |
| 324 Marengo Ave, Unit 1N | 324 Marengo Ave | 2BR,1BA | $2.29 |
| 302-312 Washington Blvd. and 337-345 S. Cuyler Ave. | 306 & 308 Washington S, 337 Cuyler S | 1BR,1BA | $2.12 |
| 204 Marengo Ave. | 204 Marengo Ave A, C, D & F | 1BR,1BA | $2.25 |
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.
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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 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.
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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 (486)
9 out of 10
Gwendolyn Brooks Middle School
Oak Park Esd 97 School District
Public School - Grades 6-8 (958)
8 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 306 Apartments for Rent in Downtown Oak Park, IL with pricing that ranges from $1,175 to $10,650. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oak Park ranging from $990 to $5,000.
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 $990 to $5,000 with an average monthly rent of $2,547.
How much are larger Three and Four Bedroom Rentals in Downtown Oak Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Oak Park range from $2,450 to $10,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $2,750. Four Bedroom Single-Family rentals are also available starting from $5,000 and Four Bedroom Apartments start at $9,263.
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.