Cheap Homes for Rent in Oak Park Historic District Oak Park, IL from $1,400 (11 Rentals)

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

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.

property at 424 Elgin Ave

$1,600 - $1,750

1 To 2 Bedroom Rentals

Available Now

424 Elgin Ave

Forest ParkIL60130

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.

Oak Park Historic District, Oak Park, IL Local Guide

Cheapest Available Oak Park Historic District Apartments for Rent

 

The cheapest available apartment rental in the Oak Park Historic District area of Chicago, IL is a Studio unit found at 5836 W Madison St priced from $895. 5957 W Madison St has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Oak Park Historic District apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5836 W Madison StStudio ApartmentStudio,1BA$895
5957 W Madison StStudio ApartmentStudio,1BA$915
1000 - 1010 North Blvd1002 1/2 - 37Studio,1BA$995
5735 W Washington2/1.02BR,1BA$1,100
432-438 N. Austin Blvd.432-438 N. Austin StudioStudio,1BA$1,109

Best Value Apartments for Rent in Oak Park Historic District, IL

As of April 13, 2026 the best value apartment in the Oak Park Historic District area is the $1.88 price per square foot 175. N Grove G & H & 179 N. Grove C & D Model at 173-181 N. Grove Ave. in the in the Downtown Oak Park neighborhood starting from $2,365. The second greatest value Oak Park Historic District apartment is the 2 Bed 2 Bath Model at 930 North starting at $2,000 with a $1.75 price per square foot in the Downtown Oak Park neighborhood. Here is today’s list of the best values for Oak Park Historic District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
173-181 N. Grove Ave.175. N Grove G & H & 179 N. Grove C & D2BR,1.5BA$1.88
930 North2 Bed 2 Bath2BR,2BA$1.75
901-927 Wesley Ave. and 705-711 Garfield St.901 Wesley2BR,1BA$1.68
322-330 W Washington Blvd1Bd1Ba1BR,1BA$1.66
515 South Blvd515 South BlvdStudio ,1BA$1.56
5735 W Washington3/1.03BR,1BA$1.72
5906 W Huron St, Unit 25906 W Huron St1BR,1BA$1.47
5732-5734 W Washington Blvd2 Bedroom 1 Bath Apartment2BR,1BA$1.71
310-316 N Menard1 Bedroom 1 Bath Apartment1BR,1BA$1.57
5957 W Madison StStudio ApartmentStudio ,1BA$1.83

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Quick 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.

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Pet Friendly Lifestyle
Oak Park Historic District, Oak Park, IL

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Oak Park Historic District

What type of rentals are currently available in Oak Park Historic District?

There are currently 445 Apartments for Rent in Oak Park Historic District, IL with pricing that ranges from $915 to $7,600. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Park Historic District ranging from $1,495 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Park Historic District ranges from $1,495 to $5,000 with an average monthly rent of $2,422.

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

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

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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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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.