Cheap Homes for Rent in Oakbrook Terrace, IL from $1,100 (8 Rentals)

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property at 1001 S Euclid Ave

1001 S Euclid Ave

ElmhurstIL60126

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

Oakbrook Terrace, IL Local Guide

Cheapest Available Oakbrook Terrace Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakbrook Terrace, IL is a 1 Bed unit found at Argyle Garden Apartments in the Elmhurst City Centre neighborhood priced from $950. The Haven at Highland in the Highland Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,449. Here is today’s list of the most affordable Oakbrook Terrace apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Argyle Garden Apartments1x1 6001BR,1BA$950
The Haven at HighlandThe Retreat1BR,1BA$1,449
Elmhurst TerraceWhitaker1BR,1BA$1,487

Best Value Apartments for Rent in Oakbrook Terrace, IL and Nearby

As of April 12, 2025 the best value apartment in the Oakbrook Terrace area is the $2.21 price per square foot 3B Model at Arden of Oak Brook in the in the Highland Hills neighborhood starting from $3,360. The second greatest value Oakbrook Terrace apartment is the Hunter Model at Regency Place starting at $2,810 with a $2.38 price per square foot in the Highland Hills neighborhood. Here is today’s list of the best values for Oakbrook Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arden of Oak Brook3B3BR,2BA$2.21
Regency PlaceHunter2BR,2BA$2.38
Elite Luxury Apartments2 bed middle1BR,1BA$2.37
Elm Creek ApartmentsButterfield1BR,1BA$2.30
Arrive Oak Brook HeightsAdams1BR,1BA$2.36
City View at the HighlandsA2 Renovated1BR,1BA$2.62
Elmhurst TerraceWhitaker1BR,1BA$2.29
Argyle Garden Apartments1x1 6001BR,1BA$1.58
337 S Ardmore Ave, Unit 2F337 S Ardmore Ave1BR,1BA$2.00
The Haven at HighlandThe Retreat1BR,1BA$2.52

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Frequently Asked Questions about Oakbrook Terrace

What type of rentals are currently available in Oakbrook Terrace?

There are currently 62 Apartments for Rent in Oakbrook Terrace, IL with pricing that ranges from $950 to $23,651. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakbrook Terrace ranging from $1,190 to $20,000.

What is the current price range for Rental Homes in Oakbrook Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakbrook Terrace ranges from $1,190 to $20,000 with an average monthly rent of $4,543.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.