Cheap Apartments for Rent in Oregon, IL from $400 (69 Rentals)

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

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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

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.

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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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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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Millbrook Townhomes
2 to 3 Bedroom Apartments

Millbrook Townhomes

1754 Millbrook LaneCherry Valley, IL 61016
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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
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Windsor Apartments
Studio to 3 Bedroom Apartments

Windsor Apartments

902 N Main StRockford, IL 61103
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177 Flintridge Dr
1 Bedroom Apartments

177 Flintridge Dr

177 Flintridge DrRockford, IL 61107
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4682 Trevor Cir
1 to 2 Bedroom Apartments

4682 Trevor Cir

4682 Trevor CirRockford, IL 61109
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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
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2816 Rudeen Close
1 to 2 Bedroom Apartments

2816 Rudeen Close

2816 Rudeen CloseRockford, IL 61108
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4418 Eastridge Dr
1 Bedroom Apartments

4418 Eastridge Dr

4418 Eastridge DrRockford, IL 61107

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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4471 Carthage Dr
2 Bedroom Apartments

4471 Carthage Dr

4471 Carthage DrRockford, IL 61109
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4651 GOVERNORS DR
1 to 2 Bedroom Apartments

4651 GOVERNORS DR

4651 Governors DrRockford, IL 61109
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4604 Governors Dr
1 to 2 Bedroom Apartments

4604 Governors Dr

4604 Governors DrRockford, IL 61109
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4210-4212 7th St
2 Bedroom Apartments

4210-4212 7th St

4210-4212 7th StRockford, IL 61109
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4703 Turner St
Studio to 2 Bedroom Apartments

4703 Turner St

4703 Turner StRockford, IL 61107
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4714 Trevor Cir
1 to 2 Bedroom Apartments

4714 Trevor Cir

4714 Trevor CirRockford, IL 61109
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4710 Trevor Cir
1 to 2 Bedroom Apartments

4710 Trevor Cir

4710 Trevor CirRockford, IL 61109

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

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
Greenfield96-a2BR,1BA$650
MEADOWS OF LUKE RIDGE2 BED 1 BATH2BR,1BA$670
Dixon River Apartments1BD/1BA1BR,1BA$675
Longwood Garden Apartments1 Bedroom1BR,1BA$718
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Willis Senior Lofts1 Bedroom - Subsidized1BR,1BA$839
Whitestone Manor Apartments529 N Main StudioStudio,1BA$850
Riverside Terrace ApartmentsRiverside Terrace - 1 Bedroom1BR,1BA$995

Best Value Apartments for Rent in Oregon, IL and Nearby

As of May 04, 2026 the best value apartment in the Oregon area is the $1.20 price per square foot 3 Bedroom Model at 3428 Harrison Ave in the in the Rolling Green neighborhood starting from $1,500. The second greatest value Oregon apartment is the 2 bedroom 1 bathroom Model at Windsor Apartments starting at $825 with a $0.67 price per square foot in the Central Terrace 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.
3428 Harrison Ave3 Bedroom3BR,1.5BA$1.20
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
MEADOWS OF LUKE RIDGE3 BED 1 BATH3BR,1BA$0.67
Large 2 bedroom townhomes with carport2BR/1.5BA2BR,1.5BA$1.23
Greenfield96-a2BR,1BA$0.72
Creekview ApartmentsNewly Renovated 1BR+Washer/dryer1BR,1BA$1.36
**CREEKVIEW PROPERTIES**Upper floor with dishwasher2BR,1BA$1.31
Willis Senior Lofts1 Bedroom - Subsidized1BR,1BA$1.24
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Explore Oregon, IL Rentals by Map

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See the most popular apartments and homes in Oregon, IL

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Frequently Asked Questions about Cheap Oregon Apartments

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.