Cheap Apartments for Rent in Elmwood Park, IL from $700 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elmwood Park.

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7300 W North Ave
Studio to 1 Bedroom Apartments

7300 W North Ave

7300 W North AveElmwood Park, IL 60707
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1450 N 1st Ave
1 to 2 Bedroom Apartments

1450 N 1st Ave

1450 N 1st AveMelrose Park, IL 60160
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Oak Park
Studio Apartments

Oak Park

853 Washington BlvdOak Park, IL 60302
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6621 W Norwood Ct
Studio Apartments

6621 W Norwood Ct

6621 W Norwood CtHarwood Heights, IL 60706
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300 Des Plaines Ave
1 Bedroom Apartments

300 Des Plaines Ave

300 Des Plaines AveForest Park, IL 60130
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Live in Oak Park
Studio to 3 Bedroom Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
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230 S Maple
1 Bedroom Apartments

230 S Maple

230-238 S Maple AveOak Park, IL 60302
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320 Elgin Ave
1 Bedroom Apartments

320 Elgin Ave

320 Elgin AveForest Park, IL 60130
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229 Marengo Ave
1 Bedroom Apartments

229 Marengo Ave

229 Marengo AveForest Park, IL 60130
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Bon Villa Apartments
Studio Apartments

Bon Villa Apartments

320 Wisconsin AveOak Park, IL 60302
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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8111 W Grand Ave
2 to 3 Bedroom Apartments

8111 W Grand Ave

8111 W Grand AveRiver Grove, IL 60171
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102 Rockford Ave
1 Bedroom Apartments

102 Rockford Ave

102 Rockford AveForest Park, IL 60130
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8107 W Grand Ave
2 to 3 Bedroom Apartments

8107 W Grand Ave

8107 W Grand AveRiver Grove, IL 60171
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255 S Maple
Studio Apartments

255 S Maple

1140-1144 N Randolph StOak Park, IL 60302
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1534 Bonnie Brae
1 Bedroom Apartments

1534 Bonnie Brae

1534 Bonnie BraeRiver Forest, IL 60305
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Kenton House
1 Bedroom Apartments

Kenton House

112-114 Home AveOak Park, IL 60302
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921-923 Lake St
1 Bedroom Apartments

921-923 Lake St

921-923 Lake StOak Park, IL 60301
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Clinton Court
1 Bedroom Apartments

Clinton Court

943 Washington BlvdOak Park, IL 60302
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432 S Clinton Ave
1 Bedroom Apartments

432 S Clinton Ave

432 S Clinton AveOak Park, IL 60302
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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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1036-1038 Randolph St
Studio Apartments

1036-1038 Randolph St

1036-1038 Randolph StOak Park, IL 60302
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Royal Arms Apartments
Studio to 1 Bedroom Apartments

Royal Arms Apartments

3001 N Thatcher AveRiver Grove, IL 60171
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7406 Randolph St.
2 Bedroom Apartments

7406 Randolph St.

7406 Randolph StForest Park, IL 60130
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1410 N 1st Ave
2 Bedroom Apartments

1410 N 1st Ave

1410 N 1st AveMelrose Park, IL 60160
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316-24 Lake St
1 Bedroom Apartments

316-24 Lake St

316-24 Lake StOak Park, IL 60302
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37 Rockford Ave.
1 Bedroom Apartments

37 Rockford Ave.

37 Rockford AveForest Park, IL 60130
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7244 Randolph St.
1 Bedroom Apartments

7244 Randolph St.

7244 Randolph StForest Park, IL 60130
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Showing Results 1-50, Page 1 of 2

Elmwood Park, IL Local Guide

Cheapest Available Elmwood Park Apartments for Rent

 

The cheapest available apartment rental in Elmwood Park, IL is a Studio unit found at 7520 W Grand Ave in the Dunning neighborhood priced from $1,175. 1000 - 1010 North Blvd in the Downtown Oak Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here is today’s list of the most affordable Elmwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7520 W Grand AveStudioStudio,1BA$1,175
1000 - 1010 North Blvd1002 1/2 - 39Studio,1BA$1,195
1116 Washington - Oak Park1116-408Studio,1BA$1,195
Pleasant OakStudio - BStudio,1BA$1,250
301-313 N. Oak Park Ave.307 N. Oak Park A & DStudio,1BA$1,349
1412-1414 N. Austin Blvd.1412 N. Austin E1BR,1BA$1,349
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,350

Best Value Apartments for Rent in Elmwood Park, IL

As of May 18, 2025 the best value apartment in the Elmwood Park area is the $1.70 price per square foot 7824 W Addison St Model at 7824 W Addison St, Unit 2 unit in the in the Dunning neighborhood starting from $2,300. The second greatest value Elmwood Park apartment is the 3406 N Natoma Ave Model at 3406 N Natoma Ave, Unit Garden Unit starting at $1,800 with a $1.50 price per square foot in the Dunning neighborhood. Here is today’s list of the best values for Elmwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7824 W Addison St, Unit 2 unit7824 W Addison St3BR,1.5BA$1.70
3406 N Natoma Ave, Unit Garden Unit3406 N Natoma Ave2BR,1BA$1.50
112 N Kenilworth Ave, Unit 1C112 N Kenilworth Ave2BR,2BA$1.83
8306 Grand Ave, Unit 1S8306 Grand Ave2BR,1.5BA$1.75
The BrixenMontclare2BR,2BA$1.61
6945 W Belmont Ave, Unit 2R6945 W Belmont Ave2BR,1BA$1.64
6158 W Grand Ave, Unit 2263-16158 W Grand Ave2BR,1BA$1.66
1412-1414 N. Austin Blvd.1412 N. Austin E1BR,1BA$1.69
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.80
506 N Cuyler Ave, Unit 1R506 N Cuyler Ave1BR,1BA$1.85

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Best Local Schools in
Elmwood Park, IL

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Remember the 3 Rules of Real Estate:
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Explore Elmwood Park, IL Rentals by Map

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See the most popular apartments and homes in Elmwood Park, IL

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Getting Around Elmwood Park, IL

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

46 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Elmwood Park Apartments

What is the Cheapest Studio apartment in Elmwood Park?

Currently the most affordable Cheap Studio Apartment in Elmwood Park is at 7520 W Grand Ave listed at $1,175.

How much is rent for a Cheap One Bedroom Elmwood Park Apartment?

The lowest price for a Cheap One Bedroom Elmwood Park Apartment is $1,250 at 1116 Washington - Oak Park.

What is the lowest price for a Cheap Two Bedroom Elmwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood Park is starting from $1,915 at The Brixen.

What is the most affordable Elmwood Park Three Bedroom Apartment?

The best deal on a cheap Elmwood Park Three Bedroom Apartment rental is at 432-436 S Maple Ave and starts from $2,500.

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.

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

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.