Cheap Apartments for Rent in Oak Lawn, IL from $700 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in Oak Lawn.

property at 9801 Karlov Ave

$1,595

1 Bedroom, 1 Bath Home for Rent

Available Now

9801 Karlov Ave

Oak LawnIL60453
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10918 S Kilpatrick
1 to 2 Bedroom Apartments

10918 S Kilpatrick

10918 Kilpatrick AveOak Lawn, IL 60453
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Oak Lawn Apartments
Studio to 1 Bedroom Apartments

Oak Lawn Apartments

4343 W 95th StOak Lawn, IL 60453
  • Utilities Included

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.

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Reverb Oak Lawn
1 to 2 Bedroom Apartments

Reverb Oak Lawn

9301-9333 S Harlem AveOak Lawn, IL 60453
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9625-9633 Ridgeland Ave
1 to 2 Bedroom Apartments

9625-9633 Ridgeland Ave

9625-9633 Ridgeland AveOak Lawn, IL 60453
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Oak Lawn Gardens
1 to 2 Bedroom Apartments

Oak Lawn Gardens

10216 S Pulaski RdOak Lawn, IL 60453
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Oak Lawn Blu
1 to 2 Bedroom Apartments

Oak Lawn Blu

10435 Menard AveOak Lawn, IL 60453
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9600 S Komensky Ave
1 to 2 Bedroom Apartments

9600 S Komensky Ave

9600 S Komensky AveOak Lawn, IL 60453
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9517-9521 Minnick Ave
1 to 2 Bedroom Apartments

9517-9521 Minnick Ave

9517-9521 Minnick AveOak Lawn, IL 60453
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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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8860 Mobile Ave
2 Bedroom Apartments

8860 Mobile Ave

8860 Mobile AveOak Lawn, IL 60453
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10326 Mayfield Ave
2 to 4 Bedroom Apartments

10326 Mayfield Ave

10326 Mayfield AveOak Lawn, IL 60453
property at 3601 W 79th St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

3601 W 79th St

ChicagoIL60652

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.

property at 6819 W 79th St

$1,600 - $1,950

2 To 3 Bedroom Rentals

Available Now

6819 W 79th St

BurbankIL60459
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7751-7757 S Oconto Ave
1 Bedroom Apartments

7751-7757 S Oconto Ave

7751-7757 S Oconto AveBridgeview, IL 60455
  • Utilities Included

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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Alsip Apartments
1 to 2 Bedroom Apartments

Alsip Apartments

12601-12659 S Alpine StAlsip, IL 60803
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Columbus Tower
Studio to 2 Bedroom Apartments

Columbus Tower

7855 S Kedzie AveChicago, IL 60652
Senior Living
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9424 S Ridgeland Ave
1 to 2 Bedroom Apartments

9424 S Ridgeland Ave

9424 S Ridgeland AveChicago Ridge, IL 60415
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9430 S Ridgeland Ave
1 to 2 Bedroom Apartments

9430 S Ridgeland Ave

9430 S Ridgeland AveChicago Ridge, IL 60415
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Montclair Manor
1 to 3 Bedroom Apartments

Montclair Manor

11625-57 S Pulaski RdAlsip, IL 60803
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The Ridgeland Station
1 to 2 Bedroom Apartments

The Ridgeland Station

10370 Ridgeland AveChicago Ridge, IL 60415
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3225 W 111th
1 Bedroom Apartments

3225 W 111th

3225 W 111thChicago, IL 60655
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4848 W 83rd St
1 to 2 Bedroom Apartments

4848 W 83rd St

4848 W 83rd StBurbank, IL 60459
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Somerset Park II
1 to 2 Bedroom Apartments

Somerset Park II

3048 W 119th StMerrionette Park, IL 60803
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Oak Lawn, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Oak Lawn Apartments for Rent

 

The cheapest available apartment rental in Oak Lawn, IL is a 1 Bed unit found at Pinnacle Apartments in the Lake Katherine neighborhood priced from $1,150. Midpointe in the Westgate Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,234. Here is today’s list of the most affordable Oak Lawn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinnacle ApartmentsOne Bedroom1BR,1BA$1,150
Midpointe0 Bed 1 Bath 320 SFStudio,1BA$1,234
Chateau Royale1BR / 1 BA with Den1BR,1BA$1,325
Parkside Apartments1 Bedroom1BR,1BA$1,350
11011-11013 S Lloyd Dr1 Bed, 1 bath1BR,1BA$1,400
Oak Lawn Blu1 Bedroom, 1 Bathroom1BR,1BA$1,475
Burbank Manor Apartments1 Bed 1 Bath Remodel W/D1BR,1BA$1,505
Woodland Court ApartmentsRenovated 1 Bed 1 Bath1BR,1BA$1,525
9700 S Karlov Ave2 bed / 1 bath2BR,1BA$1,750

Best Value Apartments for Rent in Oak Lawn, IL

As of July 16, 2026 the best value apartment in the Oak Lawn area is the $1.62 price per square foot 4 Beds, 2 Baths Model at 10326 Mayfield Ave in the in the Ishnala neighborhood starting from $2,100. The second greatest value Oak Lawn apartment is the 6908 W 87th St Model at 6908 W 87th St, Unit 1 starting at $1,850 with a $1.68 price per square foot in the Burbank neighborhood. Here is today’s list of the best values for Oak Lawn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
10326 Mayfield Ave4 Beds, 2 Baths4BR,2BA$1.62
6908 W 87th St, Unit 16908 W 87th St3BR,1BA$1.68
11128 South Spaulding Avenue, Unit 111128 South Spaulding Avenue2BR,1BA$1.90
4601 West 95th Street3 bed /1 bath3BR,1BA$2.00
Chateau Royale2BR / 1 BA2BR,1BA$1.56
Burbank Manor Apartments2 Bed 1.5 Bath Remodel SS W/D2BR,1.5BA$2.13
Oak Lawn Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.06
9700 S Karlov Ave2 bed / 1 bath2BR,1BA$2.19
Parkside Apartments1 Bedroom1BR,1BA$1.93
Woodland Court ApartmentsRenovated 1 Bed 1 Bath1BR,1BA$2.18

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

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A 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

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Real 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.

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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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Oak Lawn Overview

Located in Cook County and just a stone's throw from the hub of Chicago, Oak Lawn is an on-the-move prime slice of real estate in the great state of Illinois. Ideal for both working class families and young professionals alike, this thriving suburb is a great place to call home.

Why live in Oak Lawn, IL?

Flush with schools and offering much in the way of health care, Oak Lawn rentals make an idyllic homestead for many residents of Illinois. Offering numerous public parks as well as a recently revitalized downtown commerce square, Oak Lawn might just be the next great apartment love of your lifetime.

Oak Lawn, IL
Population: 55,511

Ranked #691

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oak Lawn, IL Rentals by Map

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Oak Lawn, IL Area Reviews

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Garice

April 2, 2025

I’ve Never lived in Oak Lawn, but before my husband died we lived in Evergreen Park, at the present time I’ve lived in Naperville, Illinois! But, I’ve had my eyes on OakLawn for a long time n I want to live close to the city; but not in the city! I attend the Trinity Church on 95th street n Oak Lawn would be perfect for me,

Frequently Asked Questions about Cheap Oak Lawn Apartments

What is the Cheapest Studio apartment in Oak Lawn?

Currently the most affordable Cheap Studio Apartment in Oak Lawn is at Midpointe listed at $1,234.

How much is rent for a Cheap One Bedroom Oak Lawn Apartment?

The lowest price for a Cheap One Bedroom Oak Lawn Apartment is $1,150 at Pinnacle Apartments.

What is the lowest price for a Cheap Two Bedroom Oak Lawn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oak Lawn is starting from $1,400 at Chateau Royale.

What is the most affordable Oak Lawn Three Bedroom Apartment?

The best deal on a cheap Oak Lawn Three Bedroom Apartment rental is at 4601 West 95th Street and starts from $2,000.

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

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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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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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.