
Cheap Homes for Rent in Oakbrook Terrace, IL from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Oakbrook Terrace.


1330 S Villa Ave

2200 S Stewart Ave

2233 S Highland Ave

214 S Westmore-Meyers Rd

Furnished Studio-Chicago - Lombard - Oak B...
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Furnished Studio-Chicago - Lombard - Yorktown Center

150 Fountainview Ln

Furnished Studio-Chicago - Westmont - Oak Brook

105 Arlington Ave

326 W Adams St

201 E Janata Blvd
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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

55 W Ann St
Oakbrook Terrace, IL Local Guide

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 | $2,730 | $2,000 | $3,650 |
| Oakbrook Terrace 3 Bedroom Homes for Rent | $3,502 | $2,300 | $7,500 |
| Oakbrook Terrace 4 Bedroom Homes for Rent | $4,259 | $3,200 | $5,500 |
| Oakbrook Terrace 5 Bedroom Homes for Rent | $5,350 | $5,000 | $5,700 |
Browse Top Homes for Rent in Oakbrook Terrace
Explore Oakbrook Terrace
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 $1,267. 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 | $1,267 |
| The Haven at Highland | The Retreat | 1BR,1BA | $1,375 |
| Versailles on the Lakes Oakbrook* | Calais - Oakbrook | Studio,1BA | $1,623 |
| Yorktown Apartments | Abbey Premier | Studio,1BA | $1,675 |
Best Value Apartments for Rent in Oakbrook Terrace, IL and Nearby
As of December 27, 2025 the best value apartment in the Oakbrook Terrace area is the $1.80 price per square foot Aspen Model at Eldridge Townhomes in the in the South Villa Park neighborhood starting from $4,698. The second greatest value Oakbrook Terrace apartment is the B15 Model at Apex 41 starting at $3,428 with a $2.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eldridge Townhomes | Aspen | 3BR,3.5BA | $1.80 |
| Apex 41 | B15 | 2BR,2BA | $2.44 |
| Arden of Oak Brook | 2BC | 2BR,2BA | $2.26 |
| Elite Luxury Apartments | 2 Bedroom | 2BR,2BA | $2.36 |
| 2200 Grace | Stafford | 2BR,2BA | $1.55 |
| Elan Yorktown | A10.1 | 1BR,1BA | $2.66 |
| Arrive Oak Brook Heights | Adams | 1BR,1BA | $2.39 |
| Argyle Garden Apartments | 1x1 600 | 1BR,1BA | $1.83 |
| City View at the Highlands | A1 Renovated | 1BR,1BA | $3.02 |
| The Haven at Highland | The Retreat | 1BR,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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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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Read ArticleQuick Rent Budget Calculator
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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 58 Apartments for Rent in Oakbrook Terrace, IL with pricing that ranges from $1,100 to $18,274. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakbrook Terrace ranging from $790 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 $790 to $7,500 with an average monthly rent of $3,070.
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 $2,510 to $9,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $10,000.
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.

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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!