Cheap Homes for Rent in Oakbrook Ter, IL from $1,400 (10 Rentals)

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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.

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.

Oakbrook Ter, IL Local Guide

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. Elmhurst Terrace in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,285. Here is today’s list of the most affordable Oakbrook Ter apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Argyle Garden Apartments1x1 6001BR,1BA$1,100
Elmhurst TerraceStanleyStudio,1BA$1,285
The Haven at Highland ( Lombard )The RetreatStudio,1BA$1,375

Best Value Apartments for Rent in Oakbrook Ter, IL and Nearby

As of June 10, 2026 the best value apartment in the Oakbrook Ter area is the $1.93 price per square foot C2 Model at Eldridge Townhomes in the in the South Villa Park neighborhood starting from $5,345. The second greatest value Oakbrook Ter apartment is the TH2 Model at Elm Creek starting at $3,584 with a $2.33 price per square foot in the South Villa Park neighborhood. Here is today’s list of the best values for Oakbrook Ter apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eldridge TownhomesC23BR,2BA$1.93
Elm CreekTH22BR,2.5BA$2.33
Elite Luxury Apartments2 Bedroom2BR,2BA$2.36
2200 GraceB22BR,2BA$1.67
Park 150 ApartmentsMadison1BR,1BA$2.44
508 N Cass508 N Cass 2 bed / 1 Bath2BR,1BA$2.31
International Village LombardA1BR,1BA$2.30
Residences at LakesideMeyers - Premium Plus1BR,1BA$2.36
Argyle Garden Apartments1x1 6001BR,1BA$1.83
The Haven at Highland ( Lombard )The RetreatStudio ,1BA$2.39

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 $12,758. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakbrook Ter ranging from $1,450 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 $1,450 to $8,000 with an average monthly rent of $3,566.

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 $2,427 to $9,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,595 and Four Bedroom Apartments start at $5,590.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.