Cheap Apartments for Rent in the Oakbrook Neighborhood of Peoria, IL from $600 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Oakbrook area of Peoria.

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Royal Highlander
2 to 3 Bedroom Apartments

Royal Highlander

826-830 W Inverness StPeoria, IL 61615

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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Knoxville Pointe
1 to 2 Bedroom Apartments

Knoxville Pointe

1700 W Hickory Grove RdDunlap, IL 61525
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Timberpoint Apartments
1 to 3 Bedroom Apartments

Timberpoint Apartments

12225 N Woodcrest DrDunlap, IL 61525
  • Utilities Included

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.

Oakbrook, Peoria, IL Local Guide

Cheapest Available Oakbrook Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Brighton Woods2Bed2Bath2BR,2BA$1,050
Prairie Lakes ApartmentsThe Christian2BR,1BA$1,576

Best Value Apartments for Rent in Oakbrook, IL

As of September 20, 2025 the best value apartment in the Oakbrook area is the $1.45 price per square foot The Frances Model at Prairie Lakes Apartments in the in the Oakbrook neighborhood starting from $1,725. The second greatest value Oakbrook apartment is the 2Bed2Bath Model at Brighton Woods starting at $1,050 with a $0.95 price per square foot in the Oakbrook neighborhood. Here is today’s list of the best values for Oakbrook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie Lakes ApartmentsThe Frances2BR,2BA$1.45
Brighton Woods2Bed2Bath2BR,2BA$0.95

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Pet Friendly Lifestyle
Oakbrook, Peoria, IL

Ranked #14

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Oakbrook Apartments

What is the lowest price for a Cheap Two Bedroom Oakbrook Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakbrook is starting from $1,050 at Brighton Woods.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.