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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Timberpoint Apartments
1 to 3 Bedroom Apartments

Timberpoint Apartments

12225 N Woodcrest DrDunlap, IL 61525
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cheapest Available Oakbrook Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Dunlap Lakeside1 Beds, 1 Baths1BR,1BA$1,200
Prairie Lakes ApartmentsThe Sarah1BR,1BA$1,439

Best Value Apartments for Rent in Oakbrook, IL

As of July 28, 2026 the best value apartment in the Oakbrook area is the $1.61 price per square foot The Sarah Model at Prairie Lakes Apartments in the in the Oakbrook neighborhood starting from $1,441. The second greatest value Oakbrook apartment is the 1 Beds, 1 Baths Model at Dunlap Lakeside starting at $1,200 with a $1.60 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 Sarah1BR,1BA$1.61
Dunlap Lakeside1 Beds, 1 Baths1BR,1BA$1.60

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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.