Cheap Apartments for Rent in the Downtown Oak Lawn Neighborhood of Oak Lawn, IL from $1,000 (23 Rentals)

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

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4931 Columbus Dr
2 to 3 Bedroom Apartments

4931 Columbus Dr

4931 Columbus DrOak Lawn, IL 60453
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4014-4020 W 103rd St
Studio to 1 Bedroom Apartments

4014-4020 W 103rd St

4014-4020 W 103rd StOak Lawn, IL 60453
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9701 S Karlov Ave
1 to 2 Bedroom Apartments

9701 S Karlov Ave

9701 S Karlov AveOak Lawn, IL 60453
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4600 W 103rd St
1 Bedroom Apartments

4600 W 103rd St

4600 W 103rd StOak Lawn, IL 60453

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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9501 S Kolin Ave
1 Bedroom Apartments

9501 S Kolin Ave

9501 S Kolin AveOak Lawn, IL 60453
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4525 W 95th St
Studio to 3 Bedroom Apartments

4525 W 95th St

4525 W 95th StOak Lawn, IL 60453
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9959 S Cicero Ave
2 Bedroom Apartments

9959 S Cicero Ave

9959 S Cicero AveOak Lawn, IL 60453

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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5317 W 96th St
Studio Apartments

5317 W 96th St

5317 W 96th StOak 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
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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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4325 W 95th St
1 Bedroom Apartments

4325 W 95th St

4325 W 95th StOak Lawn, IL 60453
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4941-4947 Columbus Dr
Studio Apartments

4941-4947 Columbus Dr

4941-4947 Columbus DrOak Lawn, IL 60453
  • Utilities Included

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.

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4901 W Columbus Dr
1 to 2 Bedroom Apartments

4901 W Columbus Dr

4901 W Columbus DrOak Lawn, IL 60453
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9733-9735 S Cicero Ave
1 to 2 Bedroom Apartments

9733-9735 S Cicero Ave

9733-9735 S Cicero AveOak Lawn, IL 60453
  • Utilities Included

Downtown Oak Lawn, Oak Lawn, IL Local Guide

Cheapest Available Downtown Oak Lawn Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
9700 S Karlov Ave2 bed / 1 bath2BR,1BA$1,750
4601 West 95th Street3 bed /1 bath3BR,1BA$2,000

Best Value Apartments for Rent in Downtown Oak Lawn, IL

As of August 19, 2026 the best value apartment in the Downtown Oak Lawn area is the $2.00 price per square foot 3 bed /1 bath Model at 4601 West 95th Street in the in the Downtown Oak Lawn neighborhood starting from $2,000. The second greatest value Downtown Oak Lawn apartment is the 2 bed / 2 bath Model at 9700 S Karlov Ave starting at $1,800 with a $2.25 price per square foot in the Downtown Oak Lawn neighborhood. Here is today’s list of the best values for Downtown Oak Lawn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4601 West 95th Street3 bed /1 bath3BR,1BA$2.00
9700 S Karlov Ave2 bed / 2 bath2BR,2BA$2.25

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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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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Pet Friendly Lifestyle
Downtown Oak Lawn, Oak Lawn, IL

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Oak Lawn Apartments

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Oak Lawn is starting from $1,750 at 9700 S Karlov Ave.

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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