
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 on Crescent Street in Wheaton
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 | $2,290 | $1,645 | $3,017 |
| Downtown Wheaton 1 Bedroom Apartments | $2,000 | $1,395 | $3,257 |
| Downtown Wheaton 2 Bedroom Apartments | $2,627 | $1,700 | $4,968 |
| Downtown Wheaton 3 Bedroom Apartments | $5,341 | $4,806 | $6,804 |
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.
See all Apartments in WheatonExplore Wheaton
Downtown Wheaton, Wheaton, IL Local Guide
- Nearby Wheaton neighborhoods
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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 on Crescent Street in Wheaton 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 on Crescent Street in Wheaton | 1br1ba 2nd Floor | 1BR,1BA | $1,395 |
| Prairie Path Apartments | 1BR/1BA | 1BR,1BA | $1,495 |
| 1307 College Ave | 2BR | 2BR,1BA | $1,700 |
| ReNew Wheaton Center | Seven 91 | 1BR,1BA | $1,840 |
| Courthouse Square Apartments | S2 | Studio,1BA | $2,049 |
Best Value Apartments for Rent in Downtown Wheaton, IL
As of May 30, 2026 the best value apartment in the Downtown Wheaton area is the $3.30 price per square foot C2 Model at Courthouse Square Apartments in the in the East Wheaton neighborhood starting from $4,948. The second greatest value Downtown Wheaton apartment is the 2BR Model at 1307 College Ave starting at $1,700 with a $1.89 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Courthouse Square Apartments | C2 | 3BR,2BA | $3.30 |
| 1307 College Ave | 2BR | 2BR,1BA | $1.89 |
| 617 Delles Rd, Unit B | 617 Delles Rd | 1BR,1BA | $1.89 |
| ReNew Wheaton Center | Eight 18 | 1BR,1BA | $2.37 |
| Wheaton Court Apartments on Crescent Street in Wheaton | 1br1ba 2nd Floor | 1BR,1BA | $2.29 |
| 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
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 on Crescent Street in Wheaton.
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.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.