Cheap Apartments for Rent in Wheaton, IL from $500 (81 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wheaton.

property at 1105 College Ave

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

1 Bedroom, 1 Bath Home for Rent

Available Now

1105 College Ave

WheatonIL60187
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Briarbrook
Rent Specials
$1,633 - $2,674
Total Monthly Price

Total Monthly Price

Base Rent
$1,633 - $2,674

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Briarbrook

1147 Briarbrook DrWheaton, IL 60189
Corporate Housing
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617 Delles Rd, Unit B
$1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700
1 Bedroom Apartment Available Now

617 Delles Rd, Unit B

617 Delles RdWheaton, IL 60187
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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.

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President Apartments
1 Bedroom Apartments

President Apartments

209-211 President StWheaton, IL 60187
  • Utilities Included
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720 Crescent St
Studio to 1 Bedroom Apartments

720 Crescent St

720 Crescent StWheaton, IL 60187
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Wheaton Park Apartments
Studio to 1 Bedroom Apartments

Wheaton Park Apartments

804-812 Crescent StWheaton, IL 60187
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Monticello Apartments
1 to 2 Bedroom Apartments

Monticello Apartments

995-1005 S Lorraine RdWheaton, IL 60189
  • 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.

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1039 College Ave
Studio to 2 Bedroom Apartments

1039 College Ave

1039 college AveWheaton, IL 60187
  • Utilities Included
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Taft Apartments
Studio to 2 Bedroom Apartments

Taft Apartments

1003-1007 Taft AveWheaton, IL 60189
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1511 E Roosevelt Rd
2 Bedroom Apartments

1511 E Roosevelt Rd

1511 E Roosevelt RdWheaton, IL 60187
  • Utilities Included

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.

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.

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.

Wheaton, IL Local Guide

Cheapest Neighborhoods for Apartments in Wheaton, IL

Pricing Updated: 07/12/2026

Current apartment rentals in the Wheaton, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Wheaton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Wheaton$4,932$1,39523

Cheapest Available Wheaton Apartments for Rent

 

The cheapest available apartment rental in Wheaton, IL is a 1 Bed unit found at Kenilworth Arms in the East Wheaton neighborhood priced from $1,200. Lisle Station Apartments in the South Wheaton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,241. Here is today’s list of the most affordable Wheaton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kenilworth Arms1 Bed1BR,1BA$1,200
Lisle Station Apartments1 Bedroom1BR,1BA$1,241
382 Penn Apartments0BR/1.0BAStudio,1BA$1,325
St. Charles Square1 Bed 1 Bath1BR,1BA$1,365
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1,395
Wheaton Court Apartments1br1ba 2nd Floor1BR,1BA$1,395
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - RENOVATED1BR,1BA$1,395
Lorraine Park & Parkview Apartmentsone bedroom1BR,1BA$1,400
The Arbors of Glen EllynOne Bedroom Floor Plan A21BR,1BA$1,418

Best Value Apartments for Rent in Wheaton, IL

As of July 12, 2026 the best value apartment in the Wheaton area is the $2.00 price per square foot 484 Western Ave Model at 484 Western Ave, Unit 2 in the in the East Wheaton neighborhood starting from $3,300. The second greatest value Wheaton apartment is the 2BR Model at 1307 College Ave starting at $1,700 with a $1.79 price per square foot in the East Wheaton neighborhood. Here is today’s list of the best values for Wheaton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
484 Western Ave, Unit 2484 Western Ave3BR,2BA$2.00
1307 College Ave2BR2BR,1BA$1.79
617 Delles Rd, Unit B617 Delles Rd1BR,1BA$1.89
28 N Main St28 N Main St2BR,1BA$1.78
Lorraine Park & Parkview Apartmentsone bedroom1BR,1BA$1.56
Courts Of Williamsburg1 Bedroom1BR,1BA$1.88
Kenilworth Arms1 Bed1BR,1BA$1.60
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1.86
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - BPC RENOVATED1BR,1BA$2.07
St. Charles Square1 Bed 1 Bath1BR,1BA$1.95

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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real 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.

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Wheaton, IL
Population: 53,150

Ranked #738

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Wheaton Apartments

What is the Cheapest Studio apartment in Wheaton?

Currently the most affordable Cheap Studio Apartment in Wheaton is at 382 Penn Apartments listed at $1,325.

How much is rent for a Cheap One Bedroom Wheaton Apartment?

The lowest price for a Cheap One Bedroom Wheaton Apartment is $1,200 at Kenilworth Arms.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wheaton is starting from $1,495 at Taft Apartments.

What is the most affordable Wheaton Three Bedroom Apartment?

The best deal on a cheap Wheaton Three Bedroom Apartment rental is at TGM Danada and starts from $2,799.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

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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.

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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.

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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.

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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.