
Cheap Homes for Rent in Downtown Wheaton Neighborhood of Wheaton, IL from $2,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wheaton area of Wheaton.


1003 S Blanchard St

116 N Main St
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.

302 W Liberty Dr

302 W Liberty Dr

255 E Liberty Dr
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.
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 | $2,600 | $2,200 | $3,000 |
| Downtown Wheaton 3 Bedroom Homes for Rent | $3,650 | $3,300 | $4,000 |
| Downtown Wheaton 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
| Downtown Wheaton 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Wheaton Neighborhood of Wheaton, IL.
Explore Wheaton
Cheapest Available Downtown Wheaton Apartments for Rent
 The cheapest available apartment rental in the Downtown Wheaton area of Wheaton, IL is a 2 Beds unit found at 1307 College Ave priced from $1,450. WHEATON COURT, LLC 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 |
|---|---|---|---|
| 1307 College Ave | 2BR | 2BR,1BA | $1,450 |
| WHEATON COURT, LLC | 1BR1BA Rehabbed | 1BR,1BA | $1,495 |
| ReNew Wheaton Center | Eight 85 | 1BR,1BA | $1,645 |
Best Value Apartments for Rent in Downtown Wheaton, IL
As of January 21, 2026 the best value apartment in the Downtown Wheaton area is the $1.61 price per square foot 2BR Model at 1307 College Ave in the in the East Wheaton neighborhood starting from $1,450. The second greatest value Downtown Wheaton apartment is the R Model at Wheaton 121 starting at $1,869 with a $2.32 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. |
|---|---|---|---|
| 1307 College Ave | 2BR | 2BR,1BA | $1.61 |
| Wheaton 121 | R | 1BR,1BA | $2.32 |
| ReNew Wheaton Center | Seven 91 | 1BR,1BA | $2.28 |
| Courthouse Square Apartments | 1 Bedroom - L | 1BR,1BA | $3.20 |
| WHEATON COURT, LLC | 1BR1BA Rehabbed | 1BR,1BA | $2.45 |
Frequently Asked Questions about Downtown Wheaton
What type of rentals are currently available in Downtown Wheaton?
There are currently 44 Apartments for Rent in Downtown Wheaton, IL with pricing that ranges from $1,495 to $5,005. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wheaton ranging from $2,000 to $4,000.
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 $2,000 to $4,000 with an average monthly rent of $2,990.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!