Cheap Apartments for Rent in Oregon, IL from $400 (27 Rentals)

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Wehrman Apartments
1 to 3 Bedroom Apartments

Wehrman Apartments

708 Pines RdOregon, IL 61061
  • Utilities Included
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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
Senior Living
  • Utilities Included

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included

Cash 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.

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Carlton Apartments
2 to 3 Bedroom Apartments

Carlton Apartments

948 N Main StRockford, IL 61103
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
  • Utilities Included

Oregon, IL Local Guide

Cheapest Available Oregon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oregon, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Oregon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Northland Park ApartmentsStudioStudio,1BA$625
Dixon River Apartments1BD/1BA1BR,1BA$675
Roberts Court1 Bed, 1 bath1BR,1BA$715
Longwood Garden Apartments1 Bedroom1BR,1BA$718
Winmar Townhomes1215-a2BR,1BA$750
The ArborsOne Bedroom Cypress1BR,1BA$800
Riverside Terrace ApartmentsRiverside Terrace - 1 Bedroom1BR,1BA$925
Creekview Apartments - 1st Month FREE!Newly Renovated 1BR1BR,1BA$995
Wesleyan Apartments2425-2505 Wesleyan Ave1BR,1BA$995

Best Value Apartments for Rent in Oregon, IL and Nearby

As of December 11, 2025 the best value apartment in the Oregon area is the $0.87 price per square foot A 3x2.5 Model at Millbrook Townhomes in the in the Outer South Rockford neighborhood starting from $1,263. The second greatest value Oregon apartment is the 3 Bedroom Model at 3428 Harrison Ave starting at $1,500 with a $1.20 price per square foot in the Rolling Green neighborhood. Here is today’s list of the best values for Oregon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Millbrook TownhomesA 3x2.53BR,2.5BA$0.87
3428 Harrison Ave3 Bedroom3BR,1.5BA$1.20
MEADOWS OF LUKE RIDGE3 BED 1 BATH3BR,1BA$0.67
Laramie Apartment Homes4126 Laramie Lane2BR,1BA$1.34
Winmar Townhomes1215-a2BR,1BA$0.79
4651 GOVERNORS DR2BR/1.0BA2BR,1BA$1.14
***CREEKVIEW PROPERTIES***Upper floor with dishwasher2BR,1BA$1.31
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Roberts Court1 Bed, 1 bath1BR,1BA$1.10
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

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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The 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.

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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!

Explore Oregon, IL Rentals by Map

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Getting Around Oregon, IL

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Oregon Apartments

What is the Cheapest Studio apartment in Oregon?

Currently the most affordable Cheap Studio Apartment in Oregon is at Northland Park Apartments listed at $625.

How much is rent for a Cheap One Bedroom Oregon Apartment?

The lowest price for a Cheap One Bedroom Oregon Apartment is $480 at Rockford Housing Authority.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oregon is starting from $480 at Rockford Housing Authority.

What is the most affordable Oregon Three Bedroom Apartment?

The best deal on a cheap Oregon Three Bedroom Apartment rental is at MEADOWS OF LUKE RIDGE and starts from $757.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.