
Cheap Homes for Rent in the Downtown Wheaton Neighborhood of Wheaton, IL from $2,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wheaton area of Wheaton.


714 Michigan St
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1335 College Ave

630 Crest St
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302 W Liberty Dr, Unit 304
Downtown Wheaton, Wheaton, IL Local Guide

How much does it cost to rent a home in Downtown Wheaton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wheaton 2 Bedroom Homes for Rent | $2,283 | $2,200 | $2,400 |
| Downtown Wheaton 3 Bedroom Homes for Rent | $2,800 | $2,455 | $2,995 |
| Downtown Wheaton 4 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Prairie Path Apartments priced from $1,495. ReNew Wheaton Center has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here are the most affordable Downtown Wheaton apartments for rent in Wheaton, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Path Apartments | 1BR/1BA | 1BR,1BA | $1,495 |
| ReNew Wheaton Center | Seven 91 | 1BR,1BA | $1,700 |
| Courthouse Square Apartments | A4 | 1BR,1BA | $2,402 |
Best Value Apartments for Rent in Downtown Wheaton, IL
As of September 05, 2026 the best value apartment in the Downtown Wheaton area is the $3.29 price per square foot C2 Model at Courthouse Square Apartments in the in the South Wheaton neighborhood starting from $4,933. The second greatest value Downtown Wheaton apartment is the Six 15B Model at ReNew Wheaton Center starting at $1,795 with a $2.92 price per square foot in the South 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 | $3.29 |
| ReNew Wheaton Center | Six 15B | 1BR,1BA | $2.92 |
| Prairie Path Apartments | 1BR/1BA | 1BR,1BA | $2.49 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 Downtown Wheaton
What type of rentals are currently available in Downtown Wheaton?
There are currently 50 Apartments for Rent in Downtown Wheaton, IL with pricing that ranges from $1,400 to $6,180. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wheaton ranging from $2,200 to $5,500.
What is the current price range for Rental Homes in Downtown Wheaton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Wheaton ranges from $2,200 to $5,500 with an average monthly rent of $2,991.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.