Cheap Homes for Rent in Oak Park, IL from $1,000 (51 Rentals)

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property at 5434 W 25th St

5434 W 25th St

CiceroIL60804

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.

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.

property at 1535 Bonnie Brae

1535 Bonnie Brae

River ForestIL60305

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.

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.

property at 8000 Grand Ave

8000 Grand Ave

River GroveIL60171
property at 8000 Grand Ave

8000 Grand Ave

River GroveIL60171

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.

Oak Park, IL Local Guide

Cheapest Available Oak Park Apartments for Rent

 

The cheapest available apartment rental in Oak Park, IL is a Studio unit found at Washington Plaza in the Austin neighborhood priced from $880. 5957 W Madison St in the Oak Park Historic District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here is today’s list of the most affordable Oak Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Washington PlazaStudio ApartmentStudio,1BA$880
5957 W Madison StStudio ApartmentStudio,1BA$915
Pine North1BR/1.0BA1BR,1BA$975
1000 - 1010 North Blvd1016 1/2 North 14Studio,1BA$975
500-14 S Laramie Ave1 Bedroom 1 Bathroom Apartment1BR,1BA$1,025
5732-34 W Washington1 Bedroom1BR,1BA$1,115
330 N Pine1 Bedroom 1 Bath Apartment1BR,1BA$1,130
7520 W Grand AveStudioStudio,1BA$1,175
4814 W Monroe2 Bedroom 1 Bathroom Garden Apartment2BR,1BA$1,240

Best Value Apartments for Rent in Oak Park, IL

As of September 09, 2025 the best value apartment in the Oak Park 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 Oak Park 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 Oak Park 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
5021 W Belden St, Unit 2W5021 W Belden St3BR,1BA$1.40
162 N La Crosse Ave, Unit 2nd Fl.162 N La Crosse Ave2BR,1BA$1.18
2725 N 75th Ave, Unit 2nd floor2725 N 75th Ave3BR,1.5BA$1.43
5078 W Adams St, Unit 25078 W Adams St3BR,1BA$1.40
2007 N Lamon Ave, Unit 1N2007 N Lamon Ave2BR,1BA$1.20
930 North2 Bedroom2BR,2BA$1.11
1102 N Central Ave, Unit 11102 N Central Ave2BR,1BA$1.43
1852 Grove Ave, Unit 1B1852 Grove Ave1BR,1BA$1.43

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Oak Park

What type of rentals are currently available in Oak Park?

There are currently 1591 Apartments for Rent in Oak Park, IL with pricing that ranges from $880 to $9,250. There are also 124 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Park ranging from $1,050 to $6,000.

What is the current price range for Rental Homes in Oak Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Park ranges from $1,050 to $6,000 with an average monthly rent of $2,467.

How much are larger Three and Four Bedroom Rentals in Oak Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Park range from $1,450 to $3,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,295. Four Bedroom Single-Family rentals are also available starting from $3,350 and Four Bedroom Apartments start at $2,200.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.