7542 Adams Ave
Forest ParkIL60130
Cheap Homes for Rent in Downtown Oak Park Neighborhood of Oak Park, IL from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Oak Park area of Oak Park.
405 Home Ave
Oak ParkIL60302
405 Home Ave, Unit 304
405 Home Ave
Oak ParkIL60302
7639 Jackson Blvd, Unit GE
7639 Jackson Blvd
Forest ParkIL60130
320 Lake St
Oak ParkIL60302
222 S Oak Park Ave, Unit #5
222 S Oak Park Ave
Oak ParkIL60302
336 Lathrop Ave
Forest ParkIL60130
621 S Maple Ave
Oak ParkIL60304
1025 N Harlem Ave
Oak ParkIL60302
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
Showing Results 1-9, Page 1 of 1
Downtown Oak Park, Oak Park, IL Local Guide
How much does it cost to rent a home in Downtown Oak Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Oak Park 2 Bedroom Homes for Rent | $2,876 | $1,900 | $6,550 |
| Downtown Oak Park 3 Bedroom Homes for Rent | $3,468 | $2,700 | $4,500 |
| Downtown Oak Park 4 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Downtown Oak Park Neighborhood of Oak Park, IL.
Explore Oak Park
Downtown Oak Park, Oak Park, IL Local Guide
- Nearby Oak Park neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Oak Park Apartments for Rent
The cheapest available apartment rental in the Downtown Oak Park area of Chicago, IL is a Studio unit found at Pleasant Oak priced from $1,145. 1116 Washington - Oak Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Downtown Oak Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pleasant Oak | Studio - B | Studio,1BA | $1,145 |
| 1116 Washington - Oak Park | 1116-408 | Studio,1BA | $1,250 |
| The Bryant at Oak Park | Studio | Studio,1BA | $1,275 |
Best Value Apartments for Rent in Downtown Oak Park, IL
As of April 13, 2025 the best value apartment in the Downtown Oak Park area is the $1.83 price per square foot 177 N. Grove E Model at 173-181 N. Grove Ave. in the in the Downtown Oak Park neighborhood starting from $3,099. The second greatest value Downtown Oak Park apartment is the 515 South Blvd Model at 515 South Blvd, Unit 1w starting at $1,850 with a $1.23 price per square foot in the Downtown Oak Park neighborhood. Here is today’s list of the best values for Downtown Oak Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 173-181 N. Grove Ave. | 177 N. Grove E | 3BR,3BA | $1.83 |
| 515 South Blvd, Unit 1w | 515 South Blvd | 2BR,1BA | $1.23 |
| 417 Washington Blvd, Unit 2 | 417 Washington Blvd | 3BR,2BA | $1.78 |
| 421 S. Elmwood Ave. | 421 Elmwood - 3x2 | 3BR,2BA | $1.95 |
| 254 S. Maple Ave. | 1126 | 2BR,1BA | $2.02 |
| 131 N Cuyler Ave, Unit B2 | 131 N Cuyler Ave | 2BR,1BA | $1.80 |
| 419 Hannah, Unit 3 | 419 Hannah | 2BR,1BA | $1.58 |
| 218-228 Pleasant St. and 134-140 S. Harvey Ave | 218 Pleasant G | 2BR,1BA | $1.51 |
| 204 Marengo Ave. | 204 Marengo Ave A, C, D & F | 1BR,1BA | $1.98 |
| The Bryant at Oak Park | Studio | Studio ,1BA | $1.96 |
Quick 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.
Let everyone know!
Do you know the Downtown Oak Park area?
If you’re an expert on all things Downtown Oak Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Downtown Oak Park
What type of rentals are currently available in Downtown Oak Park?
There are currently 309 Apartments for Rent in Downtown Oak Park, IL with pricing that ranges from $999 to $10,530. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oak Park ranging from $1,200 to $6,550.
What is the current price range for Rental Homes in Downtown Oak Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Oak Park ranges from $1,200 to $6,550 with an average monthly rent of $2,961.
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.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.