
Cheap Homes for Rent in Francisco Terrace Neighborhood of Oak Park, IL from $1,200 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Francisco Terrace area of Oak Park.


5901-5911 W Huron St

316 Lake St

40 Harrison St

856 N Mayfield Ave

311 W Harrison St

316 Lake St
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.

40 Harrison St

846-856 N Mayfield Ave

7212 Jackson Blvd

7301 Dixon St

501 Circle Ave

437 N Lombard Ave, Unit 1

424 Elgin Ave
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.
Francisco Terrace, Oak Park, IL Local Guide

How much does it cost to rent a home in Francisco Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Francisco Terrace 2 Bedroom Homes for Rent | $1,907 | $1,400 | $2,700 |
| Francisco Terrace 3 Bedroom Homes for Rent | $3,116 | $2,450 | $4,300 |
| Francisco Terrace 4 Bedroom Homes for Rent | $3,700 | $2,400 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Francisco Terrace Neighborhood of Oak Park, IL.
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Francisco Terrace, Oak Park, IL Local Guide
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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 5836-46 W Madison St Chicago, IL 60644 priced from $895. 5948 W Superior Chicago, IL 60644 has the second lowest priced unit, which is a Studio apartment currently listed from $905. Here are the most affordable Francisco Terrace apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5836-46 W Madison St Chicago, IL 60644 | Studio Apartment | Studio,1BA | $895 |
| 5948 W Superior Chicago, IL 60644 | Studio Apartment | Studio,1BA | $905 |
| 5957-73 W Madison St 11-17 S Austin Chicago, IL 60644 | Studio Apartment | Studio,1BA | $1,015 |
| 504-508 S. Cuyler Ave. | 504 S. Cuyler Studio | Studio,1BA | $1,059 |
| 310 N Menard Chicago, IL 60644 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Francisco Terrace, IL
As of February 27, 2026 the best value apartment in the Francisco Terrace 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 Francisco Terrace apartment is the 535 S Lombard Ave Model at 535 S Lombard Ave, Unit 2 starting at $2,398 with a $2.18 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 173-181 N. Grove Ave. | 177 N. Grove E | 3BR,3BA | $1.90 |
| 535 S Lombard Ave, Unit 2 | 535 S Lombard Ave | 2BR,1BA | $2.18 |
| 112 N Kenilworth Ave, Unit 4E | 112 N Kenilworth Ave | 2BR,2BA | $2.27 |
| 5749 W Chicago Ave Chicago, IL 60651 | 4 Bedroom 1 Bath Apartment with Dining | 4BR,1BA | $1.72 |
| 930 North | 1 Bed - In-Unit Laundry | 1BR,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 |
| 447 N Austin 5959-69 W Midway Park Chicago, IL 60644 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.07 |
| 310 N Menard Chicago, IL 60644 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.60 |
| 204 Marengo Ave. | 204 Marengo Ave A, C, D & F | 1BR,1BA | $2.20 |
| 5952-58 W Superior Chicago, IL 60644 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.12 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick 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.
Pet Friendly LifestyleFrancisco Terrace, Oak Park, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Francisco Terrace, Oak Park, IL
William Beye Elementary School
Percy Julian Middle School
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 436 Apartments for Rent in Francisco Terrace, IL with pricing that ranges from $1,015 to $10,755. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Francisco Terrace ranging from $1,250 to $5,000.
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 $1,250 to $5,000 with an average monthly rent of $2,593.
How much are larger Three and Four Bedroom Rentals in Francisco Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Francisco Terrace range from $1,400 to $10,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $4,300. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $7,660.
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.

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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
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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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Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
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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.

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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
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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.