Cheap Homes for Rent in Downtown Oak Park Neighborhood of Oak Park, IL from $1,300 (16 Rentals)

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

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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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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property at 424 Elgin Ave

$1,600 - $1,750

1 To 2 Bedroom Rentals

Available Now

424 Elgin Ave

Forest ParkIL60130

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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Showing Results 1-16, Page 1 of 1

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 $1,195. 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 $1,345. Here are the most affordable Downtown Oak Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1000 - 1010 North Blvd1010-16Studio,1BA$1,195
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
Pleasant OakStudio - AStudio,1BA$1,350
305-315 S. Oak Park Ave. and 803-805 Randolph St.313 S. Oak Park EStudio,1BA$1,399
The Bryant at Oak ParkStudioStudio,1BA$1,430

Best Value Apartments for Rent in Downtown Oak Park, IL

As of December 27, 2025 the best value apartment in the Downtown Oak Park area is the $1.39 price per square foot 7660 Adams St Model at 7660 Adams St, Unit 1 in the in the Downtown Oak Park neighborhood starting from $1,950. The second greatest value Downtown Oak Park apartment is the 175. N Grove G & H & 179 N. Grove C & D Model at 173-181 N. Grove Ave. starting at $2,365 with a $1.88 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.
7660 Adams St, Unit 17660 Adams St3BR,1BA$1.39
173-181 N. Grove Ave.175. N Grove G & H & 179 N. Grove C & D2BR,1.5BA$1.88
112 N Kenilworth Ave, Unit 2F112 N Kenilworth Ave2BR,2BA$2.00
1205 N Harlem Ave, Unit 101205 N Harlem Ave1BR,1BA$1.82
930 North1 Bed - In-Unit Laundry1BR,1BA$2.04
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 Court1 Bedroom, 1 Bath1BR,1BA$1.97
238-250 Washington Blvd. and 347-357 S. Harvey Ave246 Washington AS & BS1BR,1BA$2.20
The Bryant at Oak ParkStudioStudio ,1BA$2.20
302-312 Washington Blvd. and 337-345 S. Cuyler Ave.306 & 308 Washington S, 337 Cuyler S1BR,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.

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Cash 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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Quick 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.

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Pet Friendly Lifestyle
Downtown Oak Park, Oak Park, IL

Ranked #6

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 303 Apartments for Rent in Downtown Oak Park, IL with pricing that ranges from $1,075 to $11,480. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oak Park ranging from $1,399 to $5,500.

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 $1,399 to $5,500 with an average monthly rent of $2,885.

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 $1,950 to $11,480, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $3,900. Four Bedroom Single-Family rentals are also available starting from $5,500 and Four Bedroom Apartments start at $10,000.

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

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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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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.

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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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!