Cheap Apartments for Rent in Oakbrook Terrace, IL from $900 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in Oakbrook Terrace.

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231 S Villa Ave
1 to 2 Bedroom Apartments

231 S Villa Ave

231 S Villa AveVilla Park, IL 60181
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Oakbrook Terrace, IL Local Guide

Cheapest Available Oakbrook Terrace Apartments for Rent

 

The cheapest available apartment rental in Oakbrook Terrace, IL is a 1 Bed unit found at Argyle Garden Apartments in the Elmhurst City Centre neighborhood priced from $950. The Haven at Highland in the Highland Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,449. Here is today’s list of the most affordable Oakbrook Terrace apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Argyle Garden Apartments1x1 6001BR,1BA$950
The Haven at HighlandThe Retreat1BR,1BA$1,449
Versailles on the Lakes Oakbrook*Calais - NorthStudio,1BA$1,567
Elmhurst TerraceWhitaker1BR,1BA$1,605
Yorktown Apartment HomesWindsor1BR,1BA$1,766

Best Value Apartments for Rent in Oakbrook Terrace, IL

As of June 29, 2025 the best value apartment in the Oakbrook Terrace area is the $2.02 price per square foot Aspen Model at Eldridge Townhomes in the in the Elmhurst City Centre neighborhood starting from $5,266. The second greatest value Oakbrook Terrace apartment is the Berkshire Model at 2200 Grace starting at $2,489 with a $1.73 price per square foot in the Highland Hills neighborhood. Here is today’s list of the best values for Oakbrook Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eldridge TownhomesAspen3BR,3.5BA$2.02
2200 GraceBerkshire3BR,2BA$1.73
Arden of Oak Brook2B2BR,2BA$2.21
Elite Luxury Apartments2 bedroom JR2BR,1BA$2.56
Elm Creek ApartmentsButterfield1BR,1BA$2.31
Arrive Oak Brook HeightsAdams1BR,1BA$2.50
Yorktown Apartment HomesCambridge1BR,1BA$2.57
Elmhurst TerraceWhitaker1BR,1BA$2.47
Argyle Garden Apartments1x1 6001BR,1BA$1.58
The Haven at HighlandThe Retreat1BR,1BA$2.52

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

Explore Oakbrook Terrace, IL Rentals by Map

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See the most popular apartments and homes in Oakbrook Terrace, IL

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Getting Around Oakbrook Terrace, IL

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

3 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Oakbrook Terrace Apartments

What is the Cheapest Studio apartment in Oakbrook Terrace?

Currently the most affordable Cheap Studio Apartment in Oakbrook Terrace is at Versailles on the Lakes Oakbrook* listed at $1,567.

How much is rent for a Cheap One Bedroom Oakbrook Terrace Apartment?

The lowest price for a Cheap One Bedroom Oakbrook Terrace Apartment is $950 at Argyle Garden Apartments.

What is the lowest price for a Cheap Two Bedroom Oakbrook Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakbrook Terrace is starting from $1,750 at The Haven at Highland.

What is the most affordable Oakbrook Terrace Three Bedroom Apartment?

The best deal on a cheap Oakbrook Terrace Three Bedroom Apartment rental is at 2200 Grace and starts from $2,489.

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

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.