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Cheap Apartments for Rent in Oakbrook Terrace IL - 154 Rentals

Param Apartments

1637 S Michigan Ave, Villa Park, IL 60181
1 / 49

Matterport 3D Tours
$1,259 - $1,759

1-2 Beds, 1-1.5 Baths

Specials
Versailles on the Lakes Oakbrook*

17W720 Butterfield Rd, Oakbrook Terrace, IL 60181
1 / 35

Matterport 3D Tours
$1,659 - $3,090

Studio - 3 Beds, 1-2 Baths

Specials
Arden of Oak Brook

18-070 W Royce Blvd, Oakbrook Terrace, IL 60181
1 / 82

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Matterport 3D Tours
$2,215 - $3,375

1-3 Beds

Pets Allowed Fitness Center Pool Kitchen Clubhouse Maintenance on site
1320 Wayside Dr

1320 Wayside Dr, Villa Park, IL 60181
1 / 5
$2,395

3 Beds, 1 Bath
845 E 22nd St

845 E 22nd St, Lombard, IL 60148
1 / 5
$2,500

2 Beds, 2 Baths
Regency Place

2003 S Meyers Rd, Oakbrook Terrace, IL 60181
1 / 50

Matterport 3D Tours
$2,610 - $2,693

1-3 Beds, 1-2 Baths
405 W Avery St

405 W Avery St, Elmhurst, IL 60126
1 / 5
$2,615

3 Beds, 1 Bath
845 E 22nd St Unit 115

845 E 22nd St Unit 115, Lombard, IL 60148
1 / 5
$2,875

3 Beds, 3 Baths
18w070 Royce Blvd

18w070 Royce Blvd, Oakbrook Terrace, IL 60181
1 / 5
$3,055

2 Beds, 2 Baths
1S526 Nimitz Rd

1S526 Nimitz Rd, Oakbrook Terrace, IL 60181
1 / 5
$4,200

3 Beds, 2 Baths
732 E Oliviabrook Dr

732 E Oliviabrook Dr, Oakbrook Terrace, IL 60181
1 / 5
$4,800

3 Beds, 4 Baths

Illinois DuPage County Oakbrook Terrace

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Oakbrook Terrace, IL Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Oakbrook Terrace. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. On the other hand, if space, community amenities, or newer appliances matter more, you may want to expand your search farther from Oakbrook Terrace hot spots to find more affordable options.

Tips for Finding Cheap Apartments in Oakbrook Terrace IL

Rent prices in Oakbrook Terrace tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Oakbrook Terrace IL

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically cheaper during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price.

Cheap apartments in Oakbrook Terrace tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Oakbrook Terrace, IL Rental Insights

Average Rent Rates

What is the average rent in Oakbrook Terrace, IL?

The average rent in Oakbrook Terrace is $1,874. When you rent an apartment in Oakbrook Terrace, you can expect to pay as little as $1,656 or as much as $3,044, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Oakbrook Terrace, IL?

The average rent for a studio apartment in Oakbrook Terrace, IL is $1,656 per month.

What is the average rent of a 1 bedroom apartment in Oakbrook Terrace, IL?

The average rent for a one bedroom apartment in Oakbrook Terrace, IL is $1,874 per month.

What is the average rent of a 2 bedroom apartment in Oakbrook Terrace, IL?

The average rent for a two bedroom apartment in Oakbrook Terrace, IL is $2,495 per month.

What is the average rent of a 3 bedroom apartment in Oakbrook Terrace, IL?

The average rent for a three bedroom apartment in Oakbrook Terrace, IL is $3,044 per month.

Education

What colleges and universities are in Oakbrook Terrace, IL?

If you’re a student moving to an apartment in Oakbrook Terrace, you’ll have access to Midwestern Univ., Davenport, Elmhurst University, and College of DuPage.