
Cheap Homes for Rent in the Oakland Neighborhood of Chicago, IL from $1,000 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakland area of Chicago.


431 E Oakwood Blvd

601 E 32nd St

4030 S Cottage Grove Ave

4423 S Indiana Ave, Unit Apt 3

4319 S Michigan Ave, Unit 3

4317 S Michigan Ave, Unit 1
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4319 S Michigan Ave, Unit 3

4340 S Berkeley Ave

4410 S Drexel Blvd, Unit 2

4619 S Michigan Ave

4326 S Calumet Ave, Unit 2

637 E Woodland Park Ave

3313 S Calumet Ave
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Oakland, Chicago, IL Local Guide

How much does it cost to rent a home in Oakland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakland 2 Bedroom Homes for Rent | $2,486 | $2,345 | $2,600 |
| Oakland 3 Bedroom Homes for Rent | $2,584 | $1,900 | $3,295 |
| Oakland 4 Bedroom Homes for Rent | $3,850 | $2,900 | $4,800 |
| Oakland 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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. 4700 Lake Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,214. 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 |
| 4700 Lake Park Apartments | Studio | Studio,1BA | $1,214 |
| Lake Grove Village | 1B | 1BR,1BA | $1,218 |
| Lake Meadows Apartments | lm51b1a | 1BR,1BA | $1,250 |
| The Sutherland | suth0bc | Studio,1BA | $1,395 |
Best Value Apartments for Rent in Oakland, IL
As of July 26, 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 3902 S Lake Park Ave Model at 3902 S Lake Park Ave, Unit 3 starting at $3,300 with a $1.94 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. |
|---|---|---|---|
| 4615 S Vincennes Ave, Unit Vincennes | 4615 S Vincennes Ave | 4BR,1.5BA | $1.41 |
| 3902 S Lake Park Ave, Unit 3 | 3902 S Lake Park Ave | 3BR,2BA | $1.94 |
| Celebration Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.86 |
| Woodland Park By The Lake | The Lakeshore | 2BR,2BA | $2.16 |
| 4437 S Prairie Ave, Unit 1 | 4437 S Prairie Ave | 3BR,1BA | $1.80 |
| Coleman Place At Legends South | The Burnham | 1BR,1BA | $1.20 |
| 1030 E 47th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.54 |
| Lake Grove Village | 1A | 1BR,1BA | $1.97 |
| Maple Court | mpc-1bc | 1BR,1BA | $2.89 |
| 4700 Lake Park Apartments | Studio | Studio ,1BA | $2.53 |
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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 Oakland
What type of rentals are currently available in Oakland?
There are currently 505 Apartments for Rent in Oakland, IL with pricing that ranges from $1,125 to $3,800. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakland ranging from $1,095 to $5,000.
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 $1,095 to $5,000 with an average monthly rent of $3,020.
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 $1,720 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,295. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,300.
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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