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$1,015 - $3,670Studio 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 (42 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
4021 S Ellis Ave
ChicagoIL60653
509 E 44th St
ChicagoIL60653
4145 S Michigan Ave
ChicagoIL60653
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$1,600 - $3,8001 to 3 Bedroom Apartments Contact Us For Availability
4611 S Ellis Ave
4611 S Ellis AveChicago, IL 60653
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$1,6792 Bedroom Apartments Available Now
3607 S King Dr, Unit 1
3607 S King DrChicago, IL 60653
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
4552 S Indiana Ave
ChicagoIL60653
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$1,795 - $1,9951 to 2 Bedroom Apartments Contact Us For Availability
4611 South Drexel Blvd
4611 S DrexelChicago, IL 60653
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$1,8602 Bedroom Apartments Available Now
4319 S Michigan Ave, Unit 3
4319 S Michigan AveChicago, IL 60653
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$1,8602 Bedroom Apartments Available Now
4317 S Michigan Ave, Unit 1
4317 S Michigan AveChicago, IL 60653
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$1,8602 Bedroom Apartments Available Now
4319 S Michigan Ave, Unit 3
4319 S Michigan AveChicago, IL 60653
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$1,895
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,895
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$1,895
4010 S Calumet Ave, Unit 1D, Unit 1D
4010 S Calumet AveChicago, IL 60653
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$1,9501 Bedroom Apartments Available Now
4410 S Drexel Blvd, Unit 3
4410 S Drexel BlvdChicago, IL 60653
3609 S Giles Ave
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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$2,1333 Bedroom Apartments Available Now
4541 S Calumet Ave, Unit 1A
4541 S Calumet AveChicago, IL 60653
4241 S Calumet Ave
ChicagoIL60653
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$2,295 - $2,4852 Bedroom Apartments Available Now
Woodland Park By The Lake
606-637 E Woodland Park AveChicago, IL 60616
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$2,300
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3612 S King Dr, Unit 3rd Floor, Unit 3rd Floor
3612 S King DrChicago, IL 60653
3720 S Indiana Ave, Unit 1, Unit 1
3720 S Indiana Ave
ChicagoIL60653
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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
Cash 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.
431 E Oakwood Blvd
ChicagoIL60653
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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
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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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Studio to 2 Bedroom Apartments
The Sutherland
4659 S Drexel BlvdChicago, 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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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
4553 S Michigan Ave
ChicagoIL60653
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1 to 3 Bedroom Apartments
Pershing Place
624 E Pershing RdChicago, IL 60653
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3 Bedroom Apartments
4034 S Prairie Ave
4034 S Prairie AveChicago, IL 60653
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1 to 2 Bedroom Apartments
4611 S Drexel Blvd
4611 S Drexel BlvdChicago, IL 60653
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2 Bedroom Apartments
1030 E 47th
1030 E 47th StChicago, IL 60653
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
4519 S Calumet Ave
ChicagoIL60653
4619 S Michigan Ave
ChicagoIL60653
Showing Results 1-42, 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 | $1,218 | $1,015 | $2,280 |
| Oakland 1 Bedroom Apartments | $1,399 | $1,160 | $1,950 |
| Oakland 2 Bedroom Apartments | $1,857 | $1,451 | $5,812 |
| Oakland 3 Bedroom Apartments | $2,707 | $1,695 | $5,235 |
| Oakland 4 Bedroom Apartments | $2,700 | $2,700 | $2,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 42 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
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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 $1,015. 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 | lakem2-0b1a | Studio,1BA | $1,015 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio,1BA | $1,195 |
| 4700 Lake Park Apartments | Studio | Studio,1BA | $1,214 |
| Lake Grove Village | 1B | 1BR,1BA | $1,218 |
| The Sutherland | suth1bh | 1BR,1BA | $1,820 |
| Woodland Park By The Lake | The Lakeshore | 2BR,2BA | $2,295 |
| Celebration Apartments | 3 Bed 2 Bath | 3BR,2BA | $2,950 |
Best Value Apartments for Rent in Oakland, IL
As of May 26, 2026 the best value apartment in the Oakland area is the $1.86 price per square foot 3 Bed 2 Bath Model at Celebration Apartments in the in the Armour Square neighborhood starting from $2,950. The second greatest value Oakland apartment is the The Lakeshore Model at Woodland Park By The Lake starting at $2,295 with a $2.21 price per square foot in the Douglas 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. |
|---|---|---|---|
| Celebration Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.86 |
| Woodland Park By The Lake | The Lakeshore | 2BR,2BA | $2.21 |
| 4010 S Calumet Ave, Unit 1D | 4010 S Calumet Ave | 2BR,2BA | $2.37 |
| Coleman Place At Legends South | The Burnham | 1BR,1BA | $1.20 |
| The Sutherland | suth1bh | 1BR,1BA | $2.82 |
| Lake Grove Village | 1A | 1BR,1BA | $1.97 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio ,1BA | $2.47 |
| 4700 Lake Park Apartments | Studio | Studio ,1BA | $2.53 |
| Lake Meadows Apartments | lakem6-0b1b_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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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If you’re an expert on all things Oakland, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleOakland, Chicago, IL
Ranked #71
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 $2,950.
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 $2,700.
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 172 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 $1,242 which is $1,458 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
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.