Cheap Homes for Rent in Wheaton, IL from $1,300 (12 Rentals)

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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.

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.

Wheaton, IL Local Guide

Cheapest Neighborhoods for Apartments in Wheaton, IL

Pricing Updated: 10/24/2025

Current apartment rentals in the Wheaton, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Wheaton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Wheaton$4,932$1,29555

Cheapest Available Wheaton Apartments for Rent

 

The cheapest available apartment rental in Wheaton, IL is a Studio unit found at 382 Penn in the East Wheaton neighborhood priced from $1,200. The Apartment Homes at 850 Front Street in the South Wheaton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Wheaton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
382 Penn0BR/1.0BAStudio,1BA$1,200
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1,395
The Arbors of Glen EllynOne Bedroom Floor Plan A41BR,1BA$1,416
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - BPC RENOVATED1BR,1BA$1,425
Prairie Path Apartments1BR/1BA1BR,1BA$1,450

Best Value Apartments for Rent in Wheaton, IL

As of October 24, 2025 the best value apartment in the Wheaton area is the $2.00 price per square foot Pollock Model at Avant at the Arboretum in the in the Briarcliffe Knolls neighborhood starting from $2,305. The second greatest value Wheaton apartment is the B6-Renovated Model at Preserve at Cantera starting at $2,355 with a $2.05 price per square foot in the South Wheaton neighborhood. Here is today’s list of the best values for Wheaton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avant at the ArboretumPollock2BR,2BA$2.00
Preserve at CanteraB6-Renovated2BR,2BA$2.05
4938 Beau Bien Blvd, Unit 1B4938 Beau Bien Blvd2BR,2BA$2.22
Winfield StationB22BR,2BA$2.21
1511 E Roosevelt RdTwo Bed2BR,1BA$1.79
Renaissance at Carol Stream2 Bed 1 Bath2BR,1BA$1.79
Courts Of Williamsburg1 Bedroom1BR,1BA$1.79
The Apartment Homes at 850 Front StreetOne Bedroom1BR,1BA$1.86
Parkside Apartments1 BED / 1.0 BATH, 700 SQ FT - BPC RENOVATED1BR,1BA$2.04
The Arbors of Glen EllynOne Bedroom Floor Plan A41BR,1BA$2.19

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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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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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Wheaton

What type of rentals are currently available in Wheaton?

There are currently 168 Apartments for Rent in Wheaton, IL with pricing that ranges from $1,187 to $13,041. There are also 106 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wheaton ranging from $1,350 to $8,000.

What is the current price range for Rental Homes in Wheaton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wheaton ranges from $1,350 to $8,000 with an average monthly rent of $2,611.

How much are larger Three and Four Bedroom Rentals in Wheaton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wheaton range from $1,772 to $8,169, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $8,000. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $9,127.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.