Cheap Homes for Rent in Francisco Terrace Neighborhood of Oak Park, IL from $1,200 (9 Rentals)

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

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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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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 5957 W Madison St priced from $915. 1000 - 1010 North Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Francisco Terrace apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5957 W Madison StStudio ApartmentStudio,1BA$915
1000 - 1010 North Blvd1016 1/2 North 14Studio,1BA$975
730-734 Carpenter Ave.730 Carpenter S & 734 Carpenter NStudio,1BA$1,249

Best Value Apartments for Rent in Francisco Terrace, IL

As of September 15, 2025 the best value apartment in the Francisco Terrace area is the $0.49 price per square foot 5953 W Walton St Model at 5953 W Walton St, Unit Walton in the in the Oak Park Historic District neighborhood starting from $1,675. The second greatest value Francisco Terrace apartment is the 3 bedroom 2 bath Model at 901 Ontario Apartments starting at $1,950 with a $1.24 price per square foot in the Downtown Oak Park 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.
5953 W Walton St, Unit Walton5953 W Walton St2BR,1BA$0.49
901 Ontario Apartments3 bedroom 2 bath3BR,2BA$1.24
543 Gunderson Ave, Unit # 2543 Gunderson Ave3BR,1BA$1.81
214 Chicago Ave, Unit 3214 Chicago Ave3BR,1BA$1.66
930 North2 Bedroom2BR,2BA$1.11
531 S Lombard Ave, Unit First floor unit531 S Lombard Ave2BR,1BA$1.90
322-330 W Washington Blvd1Bd1Ba1BR,1BA$1.65
126-132 N. Elmwood Ave. and 418-426 Lake St.418 Lake N & 426 Lake E1BR,1BA$1.92
5870 W Lake St2 Bedroom 1 Bath Apartment2BR,1BA$1.67
Clarence & Harrison Apartments620-1S1BR,1BA$1.94

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Pet Friendly Lifestyle
Francisco Terrace, Oak Park, IL

Ranked #1

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
Francisco Terrace, Oak Park, IL

School data provided by Great Schools

Frequently Asked Questions about Francisco Terrace

What type of rentals are currently available in Francisco Terrace?

There are currently 435 Apartments for Rent in Francisco Terrace, IL with pricing that ranges from $975 to $6,550. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Francisco Terrace ranging from $1,200 to $5,500.

What is the current price range for Rental Homes in Francisco Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Francisco Terrace ranges from $1,200 to $5,500 with an average monthly rent of $2,666.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.