Cheap Apartments for Rent in Oregon, IL from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Oregon.

Rockford Housing Authority

Millbrook Townhomes

Northland Park Apartments

MEADOWS OF LUKE RIDGE
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.

Dixon River Apartments

Longwood Garden Apartments

The Arbors

Willis Senior Lofts
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.

Beacon Hill Apartments

Immaculate 1 Bedroom Apartment

Halsted Park Apartments

1110 17th Ave
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.

2622 Hanson St

328 S Prospect St

Immaculate Updated 1 & 2 Bedroom with 1 Bath
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.

Immaculate Updated 2 Bedroom 1 bathroom
Oregon, IL Local Guide

How much does it cost to rent an apartment in Oregon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oregon Studio Apartments | $1,046 | $625 | $1,399 |
| Oregon 1 Bedroom Apartments | $985 | $480 | $1,699 |
| Oregon 2 Bedroom Apartments | $1,269 | $480 | $2,500 |
| Oregon 3 Bedroom Apartments | $1,546 | $568 | $2,550 |
Browse Top Apartments in Oregon
See all Apartments in OregonExplore Oregon
Oregon, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $715 |
| Longwood Garden Apartments | 1 Bedroom | 1BR,1BA | $718 |
| Winmar Townhomes | 1215-a | 2BR,1BA | $750 |
| The Arbors | One Bedroom Cypress | 1BR,1BA | $800 |
| Riverside Terrace Apartments | Riverside Terrace - 1 Bedroom | 1BR,1BA | $925 |
| Creekview Apartments - 1st Month FREE! | Newly Renovated 1BR | 1BR,1BA | $995 |
| Wesleyan Apartments | 2425-2505 Wesleyan Ave | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Millbrook Townhomes | A 3x2.5 | 3BR,2.5BA | $0.87 |
| 3428 Harrison Ave | 3 Bedroom | 3BR,1.5BA | $1.20 |
| MEADOWS OF LUKE RIDGE | 3 BED 1 BATH | 3BR,1BA | $0.67 |
| Laramie Apartment Homes | 4126 Laramie Lane | 2BR,1BA | $1.34 |
| Winmar Townhomes | 1215-a | 2BR,1BA | $0.79 |
| 4651 GOVERNORS DR | 2BR/1.0BA | 2BR,1BA | $1.14 |
| ***CREEKVIEW PROPERTIES*** | Upper floor with dishwasher | 2BR,1BA | $1.31 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,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.
Read ArticleThe 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oregon, IL Rentals by Map
See the most popular apartments and homes in Oregon, IL
Getting Around Oregon, IL
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.










