440 W Division St
Villa ParkIL60181
Cheap Homes for Rent in Oakbrook Terrace, IL from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Oakbrook Terrace.
2015 S Finley Rd
LombardIL60148
515 N Cass Ave
WestmontIL60559
115 N Myrtle Ave
ElmhurstIL60126
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$2,039Studio Apartments Available Now
Furnished Studio-Chicago - Westmont - Oak Brook
855 Pasquinelli DrWestmont, IL 60559
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$2,039Studio Apartments Available Now
Furnished Studio-Chicago - Lombard - Oak Brook
2701 Technology DrLombard, IL 60148
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.
174 Surrey Dr
Glen EllynIL60137
624 Prairie Ave
Downers GroveIL60515
249 E Park Blvd
Villa ParkIL60181
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$2,346Studio Apartments Available Now
Furnished Studio-Chicago - Lombard - Yorktown Center
260 E 22nd StLombard, IL 60148
1905 S Wolf Rd
HillsideIL60162
1941 Herbert Ave
BerkeleyIL60163
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.
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Oakbrook Terrace, IL Local Guide
Oakbrook Terrace Tower by NS Zakeruga is licensed under Public Domain
How much does it cost to rent a home in Oakbrook Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakbrook Terrace 2 Bedroom Homes for Rent | $2,585 | $1,450 | $3,600 |
| Oakbrook Terrace 3 Bedroom Homes for Rent | $3,236 | $2,195 | $7,500 |
| Oakbrook Terrace 4 Bedroom Homes for Rent | $4,450 | $3,900 | $5,000 |
| Oakbrook Terrace 5 Bedroom Homes for Rent | $5,750 | $4,500 | $7,000 |
Browse Top Homes for Rent in Oakbrook Terrace
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Oakbrook Terrace, IL Local Guide
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Cheapest Available Oakbrook Terrace Apartments for Rent and Nearby
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 $1,100. Elmhurst Terrace in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,338. Here is today’s list of the most affordable Oakbrook Terrace apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1,100 |
| Elmhurst Terrace | Stanley | Studio,1BA | $1,338 |
| The Haven at Highland | The Retreat | Studio,1BA | $1,375 |
| Versailles on the Lakes Oakbrook* | Calais - Oakbrook | Studio,1BA | $1,668 |
| Elm Creek | A1 | 1BR,1BA | $1,699 |
Best Value Apartments for Rent in Oakbrook Terrace, IL and Nearby
As of May 25, 2026 the best value apartment in the Oakbrook Terrace area is the $1.87 price per square foot C2 Model at Eldridge Townhomes in the in the Elmhurst City Centre neighborhood starting from $5,183. The second greatest value Oakbrook Terrace apartment is the TH2 Model at Elm Creek starting at $3,428 with a $2.23 price per square foot in the Elmhurst City Centre neighborhood. Here is today’s list of the best values for Oakbrook Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eldridge Townhomes | C2 | 3BR,2BA | $1.87 |
| Elm Creek | TH2 | 2BR,2.5BA | $2.23 |
| 2200 Grace | C1 | 3BR,2BA | $1.74 |
| Elite Luxury Apartments | 2 Bedroom | 2BR,2BA | $2.36 |
| Arrive Oak Brook Heights | Butterfield Townhome | 2BR,1.5BA | $2.02 |
| 249 E Park Blvd, Unit 1 | 249 E Park Blvd | 2BR,1BA | $2.09 |
| Elan Yorktown | A7.1 | 1BR,1BA | $2.59 |
| Yorktown Apartments | S1 | Studio ,1BA | $2.40 |
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1.83 |
| The Haven at Highland | The Retreat | Studio ,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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal 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.
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.
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Explore Oakbrook Terrace, IL Rentals by Map
See the most popular apartments and homes in Oakbrook Terrace, IL
Frequently Asked Questions about Oakbrook Terrace
What type of rentals are currently available in Oakbrook Terrace?
There are currently 61 Apartments for Rent in Oakbrook Terrace, IL with pricing that ranges from $1,100 to $14,691. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakbrook Terrace ranging from $1,450 to $7,500.
What is the current price range for Rental Homes in Oakbrook Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakbrook Terrace ranges from $1,450 to $7,500 with an average monthly rent of $3,560.
How much are larger Three and Four Bedroom Rentals in Oakbrook Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakbrook Terrace range from $2,504 to $9,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $5,515.
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
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.
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.
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.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.