
Cheap Apartments for Rent in the Oakland Neighborhood of Chicago, IL from $750 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakland area of Chicago.


Lake Grove Village

Total Monthly Price
4011 S Calumet Ave, Unit G

4009 S Calumet Ave, Unit G

The Sutherland

4611 S Ellis Ave

4422 S St Lawrence Ave

4700 Lake Park Apartments
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4013 S Calumet Ave, Unit 1S

4319 S Michigan Ave, Unit 3

4317 S Michigan Ave, Unit 3A

Coleman Place At Legends South

Hyde Park / Kenwood

Paul G Stewart Center

4013-4015 S Calumet Ave

Lake Park Crescent Apartments
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435 E Oakwood Blvd

4455 S. Greenwood Avenue

Lake Park Manor

Greenwood Park Apartments

Oakwood Apartments

601 E 32nd St

4400-4402 S. Indiana Avenue

Maple Court
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Williams Apartments

4348-4358 S Prairie Ave

Pershing Place

4034 S Prairie Ave

1030 E 47th

4611 South Drexel Blvd

4611 S Drexel Blvd

4340 S Berkeley Ave
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Oakland, Chicago, IL Local Guide

How much does it cost to rent an apartment in Oakland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakland Studio Apartments | $1,319 | $1,025 | $1,600 |
| Oakland 1 Bedroom Apartments | $1,427 | $1,215 | $2,350 |
| Oakland 2 Bedroom Apartments | $1,836 | $1,450 | $2,700 |
| Oakland 3 Bedroom Apartments | $2,446 | $1,720 | $3,723 |
| Oakland 4 Bedroom Apartments | $2,600 | $2,600 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 1 mile radius of the Oakland Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Oakland, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
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Cheapest Available Oakland Apartments for Rent
 The cheapest available apartment rental in the Oakland area of Chicago, IL is a 4 Beds unit found at Coleman Place At Legends South priced from $170. Lake Grove Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,218. Here are the most affordable Oakland apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Coleman Place At Legends South | The Wells | 4BR,2BA | $170 |
| Lake Grove Village | 1B | 1BR,1BA | $1,218 |
| Lake Meadows Apartments | lm51b1a | 1BR,1BA | $1,230 |
| The Sutherland | suth0bb | Studio,1BA | $1,425 |
| Maple Court | mpc-1bb | 1BR,1BA | $1,425 |
| 1030 E 47th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,765 |
| 925 East 46th Street | 925-3bb | 3BR,2BA | $1,985 |
| Woodland Park By The Lake | The Lakeshore | 2BR,2BA | $2,245 |
| 4611 S Ellis Ave | 2 BD 1 BA | 2BR,1BA | $2,350 |
Best Value Apartments for Rent in Oakland, IL
As of August 24, 2026 the best value apartment in the Oakland area is the $1.41 price per square foot 4615 S Vincennes Ave Model at 4615 S Vincennes Ave, Unit Vincennes in the in the Armour Square neighborhood starting from $2,600. The second greatest value Oakland apartment is the 3 Bed 2 Bath Model at Celebration Apartments starting at $2,950 with a $1.86 price per square foot in the Armour Square neighborhood. Here is today’s list of the best values for Oakland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4615 S Vincennes Ave, Unit Vincennes | 4615 S Vincennes Ave | 4BR,1.5BA | $1.41 |
| Celebration Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.86 |
| 925 East 46th Street | 925-3bb | 3BR,2BA | $1.42 |
| Woodland Park By The Lake | The Lakeshore | 2BR,2BA | $2.16 |
| 4611 S Ellis Ave | 2 BD 1 BA | 2BR,1BA | $2.94 |
| Coleman Place At Legends South | The Burnham | 1BR,1BA | $1.20 |
| 4011 S Calumet Ave, Unit G | 4011 S Calumet Ave | 1BR,1BA | $1.93 |
| 1030 E 47th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.54 |
| Lake Grove Village | 1A | 1BR,1BA | $1.97 |
| Lake Meadows Apartments | lm61b1db | 1BR,1BA | $2.54 |
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Read ArticleQuick 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.
Pet Friendly LifestyleOakland, Chicago, IL
Ranked #66
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Oakland Apartments
What is the price of a cheap apartment in Oakland?
The cheapest apartment in Oakland is Coleman Place At Legends South which is listed at $914, while the average apartment in Oakland costs $1,650.
What types of apartments are the cheapest in Oakland?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 67 regular apartments in Oakland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Oakland?
Cheap apartments in Oakland have an average cost of $1,279 which is $371 cheaper than the average rent for all rentals in Oakland.
Expert Rental Resources
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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