Cheap Homes for Rent in Oakland Neighborhood of Chicago, IL from $1,100 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oakland area of Chicago.

property at 3638 S King Dr

3638 S King Dr

ChicagoIL60653

Oakland, Chicago, IL Local Guide

Cheapest Available Oakland Apartments for Rent

 

The cheapest available apartment rental in the Oakland area of Chicago, IL is a Studio unit found at Lake Meadows Apartments priced from $1,099. Lake Grove Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Oakland apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Lake Meadows Apartmentslakem9-0b1bStudio,1BA$1,099
Lake Grove Village1B1BR,1BA$1,100
The Sutherlandsuthm-0bAStudio,1BA$1,310
Maple Courtmplc1bD1BR,1BA$1,395
4455 S. Greenwood Avenue4455-2bA2BR,1BA$1,695

Best Value Apartments for Rent in Oakland, IL

As of September 12, 2025 the best value apartment in the Oakland area is the $1.55 price per square foot 4455-2bA Model at 4455 S. Greenwood Avenue in the in the Armour Square neighborhood starting from $1,695. The second greatest value Oakland apartment is the 1A Model at Lake Grove Village starting at $1,100 with a $1.78 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4455 S. Greenwood Avenue4455-2bA2BR,1BA$1.55
Lake Grove Village1A1BR,1BA$1.78
4611 South Drexel Blvd1BR/1.0BA1BR,1BA$2.99
Maple Courtmplc1bBr1BR,1BA$3.22
Lake Meadows Apartmentslakem6-0b1cStudio ,1BA$3.02
The Sutherlandsuthm-0bAStudio ,1BA$3.67

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Pet Friendly Lifestyle
Oakland, Chicago, IL

Ranked #105

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Oakland

What type of rentals are currently available in Oakland?

There are currently 503 Apartments for Rent in Oakland, IL with pricing that ranges from $1,020 to $4,125. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakland ranging from $1,125 to $4,200.

What is the current price range for Rental Homes in Oakland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakland ranges from $1,125 to $4,200 with an average monthly rent of $2,623.

How much are larger Three and Four Bedroom Rentals in Oakland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakland range from $1,485 to $4,125, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,900.

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.

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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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.