Cheap Apartments for Rent in Oakley, IL from $400 (20 Rentals)

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

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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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. Twin Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. 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
Twin Oaks2423 W. Bradley Ave1BR,1BA$610
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
Timber CoveThe RegattaStudio,1BA$655
Southwest Apartments1902 Karen Ct1BR,1BA$795

Best Value Apartments for Rent in Oakley, IL and Nearby

As of May 29, 2025 the best value apartment in the Oakley area is the $1.17 price per square foot 3 Bedroom Townhome (Remodeled) Model at Tuscany Ridge Townhomes in the starting from $1,495. The second greatest value Oakley apartment is the 2404 Leeper Dr Model at Southwest Apartments starting at $1,350 with a $1.32 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.
Tuscany Ridge Townhomes3 Bedroom Townhome (Remodeled)3BR,2.5BA$1.17
Southwest Apartments2404 Leeper Dr2BR,1.5BA$1.32
Park VistaThree Bedroom (Remodeled)3BR,1BA$1.26
Colony West2BR/1BA Condo2BR,1BA$1.16
The Brickstone2x12BR,1BA$1.11
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$0.99
2474 N Florian1st Floor2BR,1.5BA$1.13
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16
Twin Oaks2423 W. Bradley Ave1BR,1BA$1.11

Quick Rent Budget Calculator

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

Explore Oakley, IL Rentals by Map

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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 $810 at Meadowview Apartments - Mahomet.

What is the most affordable Oakley Three Bedroom Apartment?

The best deal on a cheap Oakley Three Bedroom Apartment rental is at Park Vista and starts from $975.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.