Cheap Apartments for Rent in Oregon, IL from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Oregon.

Rockford Housing Authority

Millbrook Townhomes

Northland Park Apartments
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.

MEADOWS OF LUKE RIDGE

Dixon River Apartments

Kiwanis Manor Apartments
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.

The Arbors

Willis Senior Lofts

2622 Hanson St
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.
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 | $981 | $625 | $1,399 |
| Oregon 1 Bedroom Apartments | $1,010 | $480 | $1,699 |
| Oregon 2 Bedroom Apartments | $1,271 | $480 | $2,585 |
| Oregon 3 Bedroom Apartments | $1,530 | $568 | $2,750 |
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. Millbrook Townhomes in the Outer South Rockford neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $491. 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 |
| Millbrook Townhomes | A 30 | 2BR,1BA | $491 |
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $670 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
Best Value Apartments for Rent in Oregon, IL and Nearby
As of October 26, 2025 the best value apartment in the Oregon area is the $0.36 price per square foot A 30 Model at Millbrook Townhomes in the in the Outer South Rockford neighborhood starting from $491. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Millbrook Townhomes | A 30 | 2BR,1.5BA | $0.36 |
| Windsor Apartments | 2 bedroom 1 bathroom | 2BR,1BA | $0.67 |
| Greenfield | 186-a | 2BR,1.5BA | $0.65 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $0.71 |
| 4651 GOVERNORS DR | 2BR/1.0BA | 2BR,1BA | $1.14 |
| Willis Senior Lofts | 2 Bedroom | 2BR,1BA | $0.99 |
| Immaculate Updated 2 Bedroom | 2BR/1.0BA | 2BR,1BA | $1.14 |
| 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 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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
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
Helpful Apartment Articles, How-To's and Tips
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.





