
Cheap Homes for Rent in Oregon, IL from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Oregon.


933 E Clinton St

408 S Gardiner Ave

2915 Sherman Ave
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.

314 N Longwood St

403 S 10th St

2809 Bildahl St

1021 S Columbia Ave
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.
Oregon, IL Local Guide

How much does it cost to rent a home in Oregon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oregon 2 Bedroom Homes for Rent | $1,268 | $1,000 | $1,595 |
| Oregon 3 Bedroom Homes for Rent | $1,496 | $1,100 | $1,850 |
| Oregon 4 Bedroom Homes for Rent | $1,825 | $1,475 | $2,900 |
Browse Top Homes for Rent in Oregon
Explore Oregon
Oregon, IL Local Guide
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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 | 2BD/2BA | 2BR,1BA | $775 |
Best Value Apartments for Rent in Oregon, IL and Nearby
As of June 21, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4300 Eastridge Dr | 3BR/2.0BA | 3BR,2BA | $1.05 |
| Windsor Apartments | 2 bedroom 1 bathroom | 2BR,1BA | $0.67 |
| Carlton Apartments | 2 bedroom one bathroom | 2BR,1BA | $0.73 |
| Creekview Apartments- Upcoming Open Houses! | Newly Renovated 1BR+Washer/dryer | 1BR,1BA | $1.36 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $0.92 |
| **CREEKVIEW PROPERTIES** | Upper floor with dishwasher | 2BR,1BA | $1.31 |
| 4566 Governors Dr | 1BR/1.0BA | 1BR,1BA | $1.36 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.26 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
| Northland Park Apartments | Studio | Studio ,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.
Read ArticleReal 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.
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
Frequently Asked Questions about Oregon
What type of rentals are currently available in Oregon?
There are currently 85 Apartments for Rent in Oregon, IL with pricing that ranges from $480 to $2,445. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oregon ranging from $1,000 to $2,900.
What is the current price range for Rental Homes in Oregon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oregon ranges from $1,000 to $2,900 with an average monthly rent of $1,529.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.

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.