Cheap Apartments for Rent in the Francisco Terrace Neighborhood of Oak Park, IL from $700 (151 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Francisco Terrace area of Oak Park.

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

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Albion Oak Park
$1,923 - $5,525
Total Monthly Price

Total Monthly Price

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$1,923 - $5,525

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Studio to 3 Bedroom Apartments Available Now

Albion Oak Park

1000 Lake StOak Park, IL 60301
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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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Oak Park
Studio to 1 Bedroom Apartments

Oak Park

853 Washington BlvdOak Park, IL 60302
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421 South Oak Park Avenue
Studio to 1 Bedroom Apartments

421 South Oak Park Avenue

419-421 S Oak Park AveOak Park, IL 60302
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Live in Oak Park
Studio to 3 Bedroom Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
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230 S Maple
1 Bedroom Apartments

230 S Maple

230-238 S Maple AveOak Park, IL 60302
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901-917 S Euclid Ave
1 Bedroom Apartments

901-917 S Euclid Ave

901-917 S Euclid AveOak Park, IL 60304
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817 S. Oak Park Ave.
Studio Apartments

817 S. Oak Park Ave.

817-819 S Oak Park AveOak Park, IL 60304
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450-460 N Austin Blvd
1 Bedroom Apartments

450-460 N Austin Blvd

450-460 N Austin BlvdOak Park, IL 60302
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Bon Villa Apartments
Studio to 1 Bedroom Apartments

Bon Villa Apartments

320 Wisconsin AveOak Park, IL 60302
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North Court
Studio to 3 Bedroom Apartments

North Court

480 N Austin BlvdOak Park, IL 60302
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301 Harrison
Studio to 1 Bedroom Apartments

301 Harrison

301 Harrison StOak Park, IL 60304
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255 S Maple
Studio to 3 Bedroom Apartments

255 S Maple

1140-1144 N Randolph StOak Park, IL 60302
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700 North Austin Blvd
Studio to 1 Bedroom Apartments

700 North Austin Blvd

700 N Austin BlvdOak Park, IL 60302
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801-811 S Euclid Ave
Studio to 1 Bedroom Apartments

801-811 S Euclid Ave

801-811 S Euclid AveOak Park, IL 60304
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1022 N. Austin
1 Bedroom Apartments

1022 N. Austin

1022-1024 N AustinOak Park, IL 60302
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1000 N Austin
Studio to 3 Bedroom Apartments

1000 N Austin

1000 N Austin BlvdOak Park, IL 60302
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514 S Austin
1 Bedroom Apartments

514 S Austin

514 S Austin BlvdOak Park, IL 60304
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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432-438 N. Austin Blvd.
Studio to 2 Bedroom Apartments

432-438 N. Austin Blvd.

432-438 N Austin BlvdOak Park, IL 60302
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7 Van Buren
1 Bedroom Apartments

7 Van Buren

404 S Austin BlvdOak Park, IL 60304
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300 Madison St
Studio to 3 Bedroom Apartments

300 Madison St

300 Madison StOak Park, IL 60302
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206-214 N Austin Blvd
1 Bedroom Apartments

206-214 N Austin Blvd

206-214 N Austin BlvdOak Park, IL 60302
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400 Scoville
1 Bedroom Apartments

400 Scoville

400-412 S Scoville AveOak Park, IL 60302
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112-122 S Maple Ave
Studio to 1 Bedroom Apartments

112-122 S Maple Ave

112-122 S Maple AveOak Park, IL 60302
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422-426 S Taylor Ave
1 to 2 Bedroom Apartments

422-426 S Taylor Ave

422-426 S Taylor AveOak Park, IL 60302
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425-431 N. Humphrey Ave.
Studio to 1 Bedroom Apartments

425-431 N. Humphrey Ave.

425 N Humphrey AveOak Park, IL 60302
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930 N Austin Blvd
Studio to 2 Bedroom Apartments

930 N Austin Blvd

930 N Austin BlvdOak Park, IL 60302
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Francisco Terrace, Oak Park, IL Local Guide

Cheapest Available Francisco Terrace Apartments for Rent

 

The cheapest available apartment rental in the Francisco Terrace area of Chicago, IL is a Studio unit found at 5836 W Madison priced from $895. 5948 W Superior has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here are the most affordable Francisco Terrace apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5836 W MadisonStudio ApartmentStudio,1BA$895
5948 W SuperiorStudio ApartmentStudio,1BA$935
432-438 N. Austin Blvd.432-438 N. Austin StudioStudio,1BA$1,059
1116 Washington - Oak Park1116-408Studio,1BA$1,225
Oak Park Residence Corporationstudios at various prices and locationsStudio,1BA$1,240
1000 - 1010 North Blvd1014 1/2 - 23Studio,1BA$1,250
618-632 S. Austin Blvd.618 S. Austin B, 624 S. Austin G, 626 S. Austin...1BR,1BA$1,259
Pleasant OakStudio - BStudio,1BA$1,300
Evelyn ApartmentsStudioStudio,1BA$1,320

Best Value Apartments for Rent in Francisco Terrace, IL

As of August 17, 2026 the best value apartment in the Francisco Terrace 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 Francisco Terrace apartment is the 224 N Austin Blvd Model at 224 N Austin Blvd, Unit # 1 starting at $2,690 with a $1.92 price per square foot in the Oak Park Historic District neighborhood. Here is today’s list of the best values for Francisco Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
901 Ontario Apartments3 bedroom 2 bath3BR,2BA$1.24
224 N Austin Blvd, Unit # 1224 N Austin Blvd3BR,1BA$1.92
619 N Menard Ave, Unit 2619 N Menard Ave2BR,1BA$1.60
126-132 N. Elmwood Ave. and 418-426 Lake St.126 N. Elmwood C & 132 N. Elmwood B1BR,1BA$1.96
425-431 N. Humphrey Ave.431 N. Humphrey L1BR,1BA$1.84
902-910 N. Austin Blvd. and 4-10 Iowa St.908 N. Austin C & H1BR,1BA$1.84
504-508 S. Cuyler Ave.504 S. Cuyler 7 & 161BR,1BA$2.04
322-330 W Washington Blvd1Bd1Ba1BR,1BA$2.14
5870 W Lake1 Bedroom 1 Bath Apartment - Renovated1BR,1BA$2.16
432-438 N. Austin Blvd.432-438 N. Austin StudioStudio ,1BA$2.23

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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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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Pet Friendly Lifestyle
Francisco Terrace, Oak Park, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northwest Chicago. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Francisco Terrace Apartments

What is the Cheapest Studio apartment in Francisco Terrace?

Currently the most affordable Cheap Studio Apartment in Francisco Terrace is at 5836 W Madison listed at $895.

How much is rent for a Cheap One Bedroom Francisco Terrace Apartment?

The lowest price for a Cheap One Bedroom Francisco Terrace Apartment is $1,259 at 618-632 S. Austin Blvd..

What is the lowest price for a Cheap Two Bedroom Francisco Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Francisco Terrace is starting from $1,360 at 5800 W Iowa.

What is the most affordable Francisco Terrace Three Bedroom Apartment?

The best deal on a cheap Francisco Terrace Three Bedroom Apartment rental is at 901 Ontario Apartments and starts from $1,950.

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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