
Cheap Apartments for Rent in the Downtown Wheaton Neighborhood of Wheaton, IL from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Wheaton area of Wheaton.


Prairie Path Apartments

Courthouse Square Apartments

1307 College Ave

Wheaton Court Apartments
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.

1041 College Ave

130 N President St

1407 E Roosevelt Rd

1318 E Roosevelt Rd

1324 E Roosevelt Rd
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.

1039 College Ave

Wheaton Park Apartments

1217-1301 E Roosevelt Rd

720 Crescent St

1117 E Roosevelt Rd
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.

Crestview
Downtown Wheaton, Wheaton, IL Local Guide

How much does it cost to rent an apartment in Downtown Wheaton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wheaton Studio Apartments | $2,475 | $2,074 | $3,107 |
| Downtown Wheaton 1 Bedroom Apartments | $1,996 | $1,395 | $3,267 |
| Downtown Wheaton 2 Bedroom Apartments | $2,859 | $1,800 | $5,008 |
| Downtown Wheaton 3 Bedroom Apartments | $5,396 | $4,806 | $6,914 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Wheaton Neighborhood of Wheaton, IL.
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Downtown Wheaton, Wheaton, IL Local Guide
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Cheapest Available Downtown Wheaton Apartments for Rent
 The cheapest available apartment rental in the Downtown Wheaton area of Wheaton, IL is a 1 Bed unit found at Wheaton Court Apartments priced from $1,395. Prairie Path Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here are the most affordable Downtown Wheaton apartments for rent in Wheaton, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wheaton Court Apartments | 1br1ba 2nd Floor | 1BR,1BA | $1,395 |
| Prairie Path Apartments | 1BR/1BA | 1BR,1BA | $1,495 |
| Taft Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1,495 |
| 1307 College Ave | 2BR | 2BR,1BA | $1,700 |
| ReNew Wheaton Center | Seven 91 | 1BR,1BA | $1,882 |
Best Value Apartments for Rent in Downtown Wheaton, IL
As of July 14, 2026 the best value apartment in the Downtown Wheaton area is the $1.79 price per square foot 2BR Model at 1307 College Ave in the in the East Wheaton neighborhood starting from $1,700. The second greatest value Downtown Wheaton apartment is the 617 Delles Rd Model at 617 Delles Rd, Unit Unit B starting at $1,700 with a $1.89 price per square foot in the Briarcliffe Knolls neighborhood. Here is today’s list of the best values for Downtown Wheaton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1307 College Ave | 2BR | 2BR,1BA | $1.79 |
| 617 Delles Rd, Unit Unit B | 617 Delles Rd | 1BR,1BA | $1.89 |
| ReNew Wheaton Center | Seven 91 | 1BR,1BA | $2.38 |
| Taft Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.14 |
| Courthouse Square Apartments | S1 | Studio ,1BA | $3.35 |
| Wheaton Court Apartments | 1BR1BA Rehabbed | 1BR,1BA | $2.53 |
| Prairie Path Apartments | 1BR/1BA | 1BR,1BA | $2.49 |
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.
Pet Friendly LifestyleDowntown Wheaton, Wheaton, IL
Ranked #8
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Wheaton Apartments
What is the Cheapest Studio apartment in Downtown Wheaton?
Currently the most affordable Cheap Studio Apartment in Downtown Wheaton is at Courthouse Square Apartments listed at $2,074.
How much is rent for a Cheap One Bedroom Downtown Wheaton Apartment?
The lowest price for a Cheap One Bedroom Downtown Wheaton Apartment is $1,395 at Wheaton Court Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Wheaton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Wheaton is starting from $1,495 at Taft Apartments.
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

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.

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.