Cheap Apartments for Rent in Oregon, IL from $400 (63 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
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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
Senior Living
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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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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
  • 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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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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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
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Carlton Apartments
2 to 3 Bedroom Apartments

Carlton Apartments

948 N Main StRockford, IL 61103
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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
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4471 Carthage Dr
2 Bedroom Apartments

4471 Carthage Dr

4471 Carthage DrRockford, IL 61109
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4604 Governors Dr
1 to 2 Bedroom Apartments

4604 Governors Dr

4604 Governors DrRockford, IL 61109

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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4651 GOVERNORS DR
1 to 2 Bedroom Apartments

4651 GOVERNORS DR

4651 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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3036 La Salle Ave
1 to 2 Bedroom Apartments

3036 La Salle Ave

3036 La Salle AveRockford, IL 61114
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4710 Trevor Cir
1 to 2 Bedroom Apartments

4710 Trevor Cir

4710 Trevor CirRockford, IL 61109
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4003 9th St
2 Bedroom Apartments

4003 9th St

4003 9th StRockford, IL 61109
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4205 8th St
2 Bedroom Apartments

4205 8th St

4205 8th StRockford, IL 61109
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4551 Governors Dr
2 Bedroom Apartments

4551 Governors Dr

4551 Governors DrRockford, IL 61109

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
Dixon River Apartments2BD/2BA2BR,1BA$775
Roberts Court1 Bed, 1 bath1BR,1BA$820
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Carlton Apartments2 bedroom one bathroom2BR,1BA$875
Whitestone Manor Apartments529 N Main StudioStudio,1BA$895
Halsted Park ApartmentsRare Find - Remodeled StudioStudio,1BA$899
Creekview Apartments- Upcoming Open Houses!Newly Renovated 1BR1BR,1BA$995
**CREEKVIEW PROPERTIES**Garden2BR,1BA$1,000

Best Value Apartments for Rent in Oregon, IL and Nearby

As of June 19, 2026 the best value apartment in the Oregon area is the $1.05 price per square foot 3BR/2.0BA Model at 4300 Eastridge Dr in the in the East Rockford neighborhood starting from $1,575. 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.
4300 Eastridge Dr3BR/2.0BA3BR,2BA$1.05
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
Carlton Apartments2 bedroom one bathroom2BR,1BA$0.73
Terra Creek ApartmentsYellowstone2BR,1BA$1.61
Dixon River Apartments2BD/2BA2BR,1BA$0.92
Creekview Apartments- Upcoming Open Houses!Newly Renovated 1BR+Washer/dryer1BR,1BA$1.36
**CREEKVIEW PROPERTIES**Upper floor with dishwasher2BR,1BA$1.31
Roberts Court1 Bed, 1 bath1BR,1BA$1.26
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98
Northland Park ApartmentsStudioStudio ,1BA$1.51

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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Real 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.

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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

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 Dixon River Apartments and starts from $910.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.