
Cheap Homes for Rent in Oakbrook Ter, IL from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Oakbrook Ter.


140 E Lake St

21W581 North Ave

2343 Ogden Ave
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.

1543 Ardmore Ave

515 N Cass Ave

2331 Ogden Ave

194 Surrey Dr
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.

203 Bonnie Brae Ave
Oakbrook Ter, IL Local Guide

How much does it cost to rent a home in Oakbrook Ter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakbrook Ter 2 Bedroom Homes for Rent | $2,271 | $1,800 | $3,100 |
| Oakbrook Ter 3 Bedroom Homes for Rent | $3,325 | $2,100 | $7,500 |
| Oakbrook Ter 4 Bedroom Homes for Rent | $5,500 | $3,750 | $8,000 |
| Oakbrook Ter 5 Bedroom Homes for Rent | $5,425 | $2,700 | $7,000 |
Browse Top Homes for Rent in Oakbrook Ter
Explore Oakbrook Ter
Oakbrook Ter, IL Local Guide
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Cheapest Available Oakbrook Ter Apartments for Rent and Nearby
 The cheapest available apartment rental in Oakbrook Ter, IL is a 1 Bed unit found at Argyle Garden Apartments in the Elmhurst City Centre neighborhood priced from $1,100. The Haven at Highland in the Highland Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here is today’s list of the most affordable Oakbrook Ter apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1,100 |
| The Haven at Highland | The Retreat | 1BR,1BA | $1,375 |
| Elmhurst Terrace | Wrigley | 1BR,1BA | $1,388 |
Best Value Apartments for Rent in Oakbrook Ter, IL and Nearby
As of April 26, 2026 the best value apartment in the Oakbrook Ter area is the $1.77 price per square foot C1 Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,554. The second greatest value Oakbrook Ter apartment is the 2 Bedroom Model at Elite Luxury Apartments starting at $2,998 with a $2.36 price per square foot in the Downtown Villa Park neighborhood. Here is today’s list of the best values for Oakbrook Ter apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2200 Grace | C1 | 3BR,2BA | $1.77 |
| Elite Luxury Apartments | 2 Bedroom | 2BR,2BA | $2.36 |
| The 450 | B2 | 2BR,2BA | $2.40 |
| Elm Creek | A5 | 1BR,1BA | $2.29 |
| 508 N Cass | 508 N Cass 2 bed / 1 Bath | 2BR,1BA | $2.31 |
| Park 150 Apartments | Lincoln | 1BR,1BA | $2.42 |
| International Village Lombard | A | 1BR,1BA | $2.10 |
| Residences at Lakeside | Meyers - Premium Plus | 1BR,1BA | $2.32 |
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1.83 |
| The Haven at Highland | The Retreat | 1BR,1BA | $2.39 |
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.
Read ArticleDon'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
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.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Oakbrook Ter, IL
Frequently Asked Questions about Oakbrook Ter
What type of rentals are currently available in Oakbrook Ter?
There are currently 38 Apartments for Rent in Oakbrook Ter, IL with pricing that ranges from $1,100 to $14,095. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakbrook Ter ranging from $1,250 to $8,000.
What is the current price range for Rental Homes in Oakbrook Ter?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakbrook Ter ranges from $1,250 to $8,000 with an average monthly rent of $3,616.
How much are larger Three and Four Bedroom Rentals in Oakbrook Ter?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakbrook Ter range from $2,430 to $14,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,750 and Four Bedroom Apartments start at $5,465.
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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.

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.