Cheap Apartments for Rent in the Downtown Wheaton Neighborhood of Wheaton, IL from $700 (16 Rentals)

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1041 College Ave
3 Bedroom Apartments

1041 College Ave

1041 College AveWheaton, IL 60187

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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130 N President St
Studio to 2 Bedroom Apartments

130 N President St

130 N President StWheaton, IL 60187
  • Smoke Free
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1324 E Roosevelt Rd
1 to 2 Bedroom Apartments

1324 E Roosevelt Rd

1324 E Roosevelt RdWheaton, IL 60187
  • Utilities Included
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1039 college Ave
Studio to 2 Bedroom Apartments

1039 college Ave

1039 college AveWheaton, IL 60187
  • 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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Wheaton Park Apartments
Studio to 1 Bedroom Apartments

Wheaton Park Apartments

804-812 Crescent 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
  • Utilities Included
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1117 E Roosevelt Rd
1 to 2 Bedroom Apartments

1117 E Roosevelt Rd

1117 E Roosevelt RdWheaton, IL 60187
  • Utilities Included

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.

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Crestview
Studio Apartments

Crestview

403-407 N President StWheaton, IL 60187

Downtown Wheaton, Wheaton, IL Local Guide

Cheapest Available Downtown Wheaton Apartments for Rent

 

The cheapest available apartment rental in the Downtown Wheaton area of Wheaton, IL is a Studio unit found at Wheaton priced from $1,209. ReNew Wheaton Center has the second lowest priced unit, which is a Studio apartment currently listed from $1,580. Here are the most affordable Downtown Wheaton apartments for rent in Wheaton, IL:

Apartment ListingModel NameBed/BathPriced From
Wheaton0BR/1.0BAStudio,1BA$1,209
ReNew Wheaton CenterSix 00Studio,1BA$1,580
1307 College Ave2BR2BR,1BA$1,700
Courthouse Square Apartments1 Bedroom - K1BR,1BA$2,567

Best Value Apartments for Rent in Downtown Wheaton, IL

As of April 15, 2026 the best value apartment in the Downtown Wheaton area is the $1.50 price per square foot 933 College Ave Model at 933 College Ave in the in the East Wheaton neighborhood starting from $3,000. The second greatest value Downtown Wheaton apartment is the 3 Bedroom - Y Model at Courthouse Square Apartments starting at $4,950 with a $3.45 price per square foot in the East Wheaton neighborhood. Here is today’s list of the best values for Downtown Wheaton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
933 College Ave933 College Ave3BR,2.5BA$1.50
Courthouse Square Apartments3 Bedroom - Y3BR,2BA$3.45
1307 College Ave2BR2BR,1BA$1.89
ReNew Wheaton CenterSix 15B1BR,1BA$2.87
Wheaton0BR/1.0BAStudio ,1BA$2.69

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Pet Friendly Lifestyle
Downtown Wheaton, Wheaton, IL

Ranked #8

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 Downtown Wheaton Apartments

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

The lowest price for a Cheap One Bedroom Downtown Wheaton Apartment is $1,605 at ReNew Wheaton Center.

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 $1,700 at 1307 College Ave.

What is the most affordable Downtown Wheaton Three Bedroom Apartment?

The best deal on a cheap Downtown Wheaton Three Bedroom Apartment rental is at Courthouse Square Apartments and starts from $4,950.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.

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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.