Cheap Apartments for Rent in Oakley, IL from $400 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Woodcrest Apartment Homes
$647 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$572 - $1,025
Required Monthly Fees
$75
Total Monthly Price
$647 - $1,100
Studio to 2 Bedroom Apartments Contact Us For Availability

Woodcrest Apartment Homes

3903 Camelot CircleDecatur, IL 62526
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Timber Cove
$680 - $1,021
Total Monthly Price

Total Monthly Price

Base Rent
$515 - $856
Required Monthly Fees
$165
Total Monthly Price
$680 - $1,021
Studio to 2 Bedroom Apartments Available Now

Timber Cove

1707 S Country Club RdDecatur, IL 62521
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
West Mound Apartments
$900
Total Monthly Price

Total Monthly Price

Base Rent
$800
Required Monthly Fees
$100
Total Monthly Price
$900
2 Bedroom Apartments Contact Us For Availability

West Mound Apartments

3707 N Northhaven CtDecatur, IL 62526
Family Friendly
  • Verified
  • Customer Reviewed
  • 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.

Read Article
close
View Me
Barrington
1 Bedroom Apartments

Barrington

2541-2553 W Springfield AveChampaign, IL 61821
Corporate Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-36, Page 1 of 1

Oakley, IL Local Guide

Cheapest Available Oakley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakley, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $496. Here is today’s list of the most affordable Oakley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Roosevelt School Apartments1 Bedroom1BR,1BA$496
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
Bradlee Park ApartmentsStudioStudio,1BA$650
Decatur Flats Apartments1 bed 1 bath Renovated1BR,1BA$750
Oakwood EstatesTwo Bedroom One Bath2BR,1BA$785
Twin Oaks2423 W. Bradley Ave1BR,1BA$800
The Quarry ApartmentsRhyolite2BR,1BA$810
Wellington Place1 Bedroom on the 1st floor1BR,1BA$850
Timber CoveThe Whitehall2BR,1BA$890

Best Value Apartments for Rent in Oakley, IL and Nearby

As of February 21, 2026 the best value apartment in the Oakley area is the $1.00 price per square foot 2517 Leeper Dr Model at Southwest Apartments in the starting from $1,200. The second greatest value Oakley apartment is the Immediate Move-in : 2-Bedroom 2-Bath Unit! Model at Prestwick -Pet Friendly - Free Carport starting at $1,295 with a $1.16 price per square foot . Here is today’s list of the best values for Oakley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southwest Apartments2517 Leeper Dr2BR,1.5BA$1.00
Prestwick -Pet Friendly - Free CarportImmediate Move-in : 2-Bedroom 2-Bath Unit!2BR,2BA$1.16
The Cove At Boulder Ridge2 bedroom 2 bath2BR,2BA$1.09
Timber CoveThe Whitehall2BR,1BA$0.99
Oakwood EstatesTwo Bedroom One Bath2BR,1BA$0.87
2474 N Florian102BR,1.5BA$1.13
Roosevelt School Apartments1 Bedroom1BR,1BA$0.66
The Quarry ApartmentsRhyolite2BR,1BA$1.10
Decatur Flats Apartments1 bed 1 bath Renovated1BR,1BA$1.07
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69

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.

Read Article
Decorative image

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Oakley, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Oakley, IL

View Map
Oakley, IL Apartments Map
View Map
Oakley, IL Rental Homes Map

Frequently Asked Questions about Cheap Oakley Apartments

How much is rent for a Cheap One Bedroom Oakley Apartment?

The lowest price for a Cheap One Bedroom Oakley Apartment is $421 at RESERVE AT LAKEVIEW.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oakley is starting from $507 at RESERVE AT LAKEVIEW.

What is the most affordable Oakley Three Bedroom Apartment?

The best deal on a cheap Oakley Three Bedroom Apartment rental is at Roosevelt School Apartments and starts from $662.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.