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$1,025 - $3,780Studio to 3 Bedroom Apartments Available Now
Lake Meadows Apartments
3233 S KingChicago, IL 60616
Cheap Apartments for Rent in the Oakland Neighborhood of Chicago, IL from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakland area of Chicago.
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$1,214 - $2,782Studio to 3 Bedroom Apartments Available Now
4700 Lake Park Apartments
4700 S Lake Park AveChicago, IL 60615
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$1,218 - $1,8701 to 3 Bedroom Apartments Available Now
Lake Grove Village
3555 S Cottage Grove AveChicago, IL 60653
4212 S King Dr
ChicagoIL60653
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$1,450 - $4,0001 to 3 Bedroom Apartments Contact Us For Availability
4611 S Ellis Ave
4611 S Ellis AveChicago, IL 60653
321 E 44th St
ChicagoIL60653
4330 S Martin Luther King Dr
ChicagoIL60653
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 to 4 Bedroom Apartments
Coleman Place At Legends South
4108 S Prairie AveChicago, IL 60653
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Studio to 1 Bedroom Apartments
Hyde Park / Kenwood
4400-4404 S Drexel BlvdChicago, IL 60653
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Studio to 2 Bedroom Apartments
Paul G Stewart Center
400 E 41st StChicago, IL 60653
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2 Bedroom Apartments
4013-4015 S Calumet Ave
4013-4015 S Calumet AveChicago, IL 60653
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1 to 3 Bedroom Apartments
Lake Park Crescent Apartments
1061 E 41st PlzChicago, IL 60653
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Studio to 2 Bedroom Apartments
4455 S. Greenwood Avenue
4451-59-4459 S Greenwood AveChicago, IL 60653
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1 to 4 Bedroom Apartments
Lake Park Manor
3601-3645 S Lake Park AveChicago, IL 60653
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 3 Bedroom Apartments
Greenwood Park Apartments
4700-4710 S Greenwood AveChicago, IL 60615
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Studio to 1 Bedroom Apartments
Oakwood Apartments
427-439 E Oakwood BlvdChicago, IL 60653
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1 to 3 Bedroom Apartments
925 East 46th Street
925 E 46th StChicago, IL 60653
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Studio to 2 Bedroom Apartments
The Sutherland
4659 S Drexel BlvdChicago, IL 60653
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Studio to 2 Bedroom Apartments
Maple Court
1120-1126 E 47th StChicago, IL 60653
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1 Bedroom Apartments
Williams Apartments
445 E 42nd StChicago, IL 60653
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1 to 4 Bedroom Apartments
4348-4358 S Prairie Ave
4348-4358 S Prairie AveChicago, IL 60653
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
Showing Results 1-21, Page 1 of 1
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 | $1,212 | $1,025 | $1,586 |
| Oakland 1 Bedroom Apartments | $1,404 | $1,150 | $2,800 |
| Oakland 2 Bedroom Apartments | $1,867 | $1,451 | $4,881 |
| Oakland 3 Bedroom Apartments | $2,597 | $1,720 | $5,212 |
| Oakland 4 Bedroom Apartments | $2,925 | $2,750 | $3,100 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Oakland Neighborhood of Chicago, IL.
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Oakland, Chicago, IL Local Guide
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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 Meadows Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. 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 Meadows Apartments | lakem8-0b1b | Studio,1BA | $1,030 |
| 4700 Lake Park Apartments | Studio | Studio,1BA | $1,214 |
| Lake Grove Village | 1B | 1BR,1BA | $1,218 |
| The Sutherland | suthm-0bA | Studio,1BA | $1,375 |
Best Value Apartments for Rent in Oakland, IL
As of February 24, 2026 the best value apartment in the Oakland area is the $1.40 price per square foot 3 x 2 Model at 4313 S King Dr in the in the Armour Square neighborhood starting from $2,800. 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. |
|---|---|---|---|
| 4313 S King Dr | 3 x 2 | 3BR,2BA | $1.40 |
| Celebration Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.86 |
| Coleman Place At Legends South | The Coleman | 3BR,1BA | $0.96 |
| 4111 S Indiana Ave, Unit #2 | 4111 S Indiana Ave | 2BR,2BA | $1.76 |
| 1030 E 47th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.29 |
| Lake Grove Village | 1A | 1BR,1BA | $1.97 |
| 4611 South Drexel Blvd | 1BR/1.0BA | 1BR,1BA | $2.99 |
| Maple Court | mplc1bCr | 1BR,1BA | $3.17 |
| 4700 Lake Park Apartments | Studio | Studio ,1BA | $2.53 |
| Lake Meadows Apartments | lakem7-0b1a_b | Studio ,1BA | $2.80 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
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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.
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Pet Friendly LifestyleOakland, Chicago, IL
Ranked #78
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 a cheap apartment in Oakland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oakland is under $2,800.
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 $170, while the average apartment in Oakland costs $2,925.
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 169 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 $1,191 which is $1,734 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.
Helpful Local Expert Guides
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.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.