Cheap Homes for Rent in Oakbrook Neighborhood of Peoria, IL from $1,200 (3 Rentals)

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

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.

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.

Best Value Apartments for Rent in Oakbrook, IL

As of March 22, 2026 the best value apartment in the Oakbrook area is the $1.17 price per square foot 8817 N Picture Ridge Rd Model at 8817 N Picture Ridge Rd, Unit Windows to private wooded in the in the Willow Knolls neighborhood starting from $1,750. The second greatest value Oakbrook apartment is the The Matthew Model at Prairie Lakes Apartments starting at $1,578 with a $1.63 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.
8817 N Picture Ridge Rd, Unit Windows to private wooded8817 N Picture Ridge Rd1BR,1.5BA$1.17
Prairie Lakes ApartmentsThe Matthew1BR,1BA$1.63
Dunlap Lakeside2 Beds, 1 Baths2BR,1BA$1.29
Knoxville PointeAustin1BR,1BA$1.63

Frequently Asked Questions about Oakbrook

What type of rentals are currently available in Oakbrook?

There are currently 8 Apartments for Rent in Oakbrook, IL with pricing that ranges from $1,100 to $1,769. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakbrook ranging from $1,275 to $3,900.

What is the current price range for Rental Homes in Oakbrook?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakbrook ranges from $1,275 to $3,900 with an average monthly rent of $2,956.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.