
Cheap Apartments for Rent in Oakland, IL from $300 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Oakland.


Rider Place Apartments

Aspen Court

Coles Crossing Apartments

OldeTowne Apartments

Park Place

Total Monthly Price
616 S 6th St
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1905 12th St

Highland

401 S Church St

604 S Main St

Arthur Ave Apartments

Cougill Senior Apartments

600 Marshall Ave
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Oakland, IL Local Guide

How much does it cost to rent an apartment in Oakland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakland Studio Apartments | $699 | $699 | $699 |
| Oakland 1 Bedroom Apartments | $1,103 | $413 | $2,005 |
| Oakland 2 Bedroom Apartments | $1,223 | $518 | $2,600 |
| Oakland 3 Bedroom Apartments | $1,236 | $675 | $2,150 |
| Oakland 4 Bedroom Apartments | $1,522 | $1,469 | $1,529 |
Browse Top Apartments in Oakland
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Oakland, IL Local Guide
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Cheapest Available Oakland Apartments for Rent and Nearby
 The cheapest available apartment rental in Oakland, IL is a 1 Bed unit found at OldeTowne Apartments priced from $629. 616 S 6th St has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Oakland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| OldeTowne Apartments | 1 Bed/1 Bath | 1BR,1BA | $629 |
| 616 S 6th St | 0/1 | Studio,1BA | $699 |
| 1905 12th St | 1BDR | 1BR,1BA | $700 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $800 |
| Aspen Court | The Beech | 1BR,1BA | $825 |
Best Value Apartments for Rent in Oakland, IL and Nearby
As of February 21, 2026 the best value apartment in the Oakland area is the $1.08 price per square foot Millennium Apartments 3 Bed, 1 Bath 2026–2027 W... Model at Millennium Apartments in the starting from $1,515. The second greatest value Oakland apartment is the 3 Bed 2.5 Bath Model at Panther Heights starting at $1,380 with a $0.99 price per square foot . 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. |
|---|---|---|---|
| Millennium Apartments | Millennium Apartments 3 Bed, 1 Bath 2026–2027 W... | 3BR,1BA | $1.08 |
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| The Courtyard | 3 Bed 1 Bath | 3BR,1BA | $1.27 |
| Parkside | 2 Bedroom 1 Bath 850 Premium Upgrade | 2BR,1BA | $1.42 |
| The Whitney Apartments | Charming 2 Bed, 2 Bath on top floor with Vaulte... | 2BR,2BA | $1.58 |
| 2219 9th St | 2 Bed / 2 Bath | 2BR,2BA | $1.35 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
| Campus Suites | 1 Bed 1 Bath | 1BR,1BA | $1.38 |
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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Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oakland, IL Rentals by Map
See the most popular apartments and homes in Oakland, IL
Frequently Asked Questions about Cheap Oakland Apartments
How much is rent for a Cheap One Bedroom Oakland Apartment?
The lowest price for a Cheap One Bedroom Oakland Apartment is $629 at OldeTowne Apartments.
What is the lowest price for a Cheap Two Bedroom Oakland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oakland is starting from $719 at OldeTowne Apartments.
What is the most affordable Oakland Three Bedroom Apartment?
The best deal on a cheap Oakland Three Bedroom Apartment rental is at OldeTowne Apartments and starts from $799.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.