Cheap Homes for Rent in Francisco Terrace Neighborhood of Oak Park, IL from $1,400 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the Francisco Terrace 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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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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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 2 Beds unit found at 5957 W Madison St priced from $1,145. 902-910 N. Austin Blvd. and 4-10 Iowa St. has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,179. Here are the most affordable Francisco Terrace apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5957 W Madison St2 Bedroom 1 Bath Apartment2BR,1BA$1,145
902-910 N. Austin Blvd. and 4-10 Iowa St.908 N. Austin C & H1BR,1BA$1,179
1000 - 1010 North Blvd1010-16Studio,1BA$1,195
1116 Washington - Oak Park1116-412Studio,1BA$1,200
5952-58 W Superior2 Bedroom 1 Bath Apartment2BR,1BA$1,205

Best Value Apartments for Rent in Francisco Terrace, IL

As of November 12, 2025 the best value apartment in the Francisco Terrace area is the $1.58 price per square foot 202 N Ridgeland Ave Model at 202 N Ridgeland Ave, Unit 2 in the in the Downtown Oak Park neighborhood starting from $3,000. The second greatest value Francisco Terrace apartment is the 144 N Mason Ave Model at 144 N Mason Ave, Unit 3 starting at $1,600 with a $1.19 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.
202 N Ridgeland Ave, Unit 2202 N Ridgeland Ave3BR,1BA$1.58
144 N Mason Ave, Unit 3144 N Mason Ave3BR,2BA$1.19
425 N Maple Ave, Unit 2425 N Maple Ave2BR,1BA$1.73
206 N Kenilworth Ave, Unit 1206 N Kenilworth Ave2BR,1BA$1.46
Clarence & Harrison Apartments634-12BR,1BA$1.81
432-438 N. Austin Blvd.432 N. Austin A & 438 N. Austin H2BR,1BA$1.77
322-330 W Washington Blvd1Bd1Ba1BR,1BA$1.55
101-111 S. Harvey Ave. and 237-249 South Blvd101 S. Harvey W, 103 S. Harvey, 239 South W, 24...1BR,1BA$1.78
902-910 N. Austin Blvd. and 4-10 Iowa St.908 N. Austin C & H1BR,1BA$1.64
5957 W Madison St2 Bedroom 1 Bath Apartment2BR,1BA$1.64

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick Rent Budget Calculator

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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
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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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 437 Apartments for Rent in Francisco Terrace, IL with pricing that ranges from $800 to $10,956. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Francisco Terrace ranging from $1,400 to $4,300.

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 $1,400 to $4,300 with an average monthly rent of $2,338.

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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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! 

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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.