
Cheap Homes for Rent in Oakley, IL from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Oakley.


567 W Leafland Ave

1613 E Johns Ave

1353 N Morgan St

1311 E Garfield Ave
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.

852 W Waggoner St

2284 E Clay St

403 E Division St

1553 N Walnut Grove Ave

1704 N Gulick Ave
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.

1363 E Johns Ave

1148 S Hilton St

2152 E Johns Ave

401 S 19th St

290 S Maffit St
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.

2340 E North St
Oakley, IL Local Guide

How much does it cost to rent a home in Oakley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakley 2 Bedroom Homes for Rent | $837 | $650 | $1,100 |
| Oakley 3 Bedroom Homes for Rent | $1,046 | $650 | $1,550 |
| Oakley 4 Bedroom Homes for Rent | $1,633 | $1,150 | $1,950 |
| Oakley 5 Bedroom Homes for Rent | $1,633 | $1,350 | $1,800 |
| Oakley 7 Bedroom Homes for Rent | $2,490 | $2,490 | $2,490 |
Browse Top Homes for Rent in Oakley
Explore Oakley
Oakley, IL Local Guide
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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 $461. Here is today’s list of the most affordable Oakley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $461 |
| Bradlee Park Apartments | Studio | Studio,1BA | $595 |
| The Quarry Apartments | Basalt | Studio,1BA | $600 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Best Value Apartments for Rent in Oakley, IL and Nearby
As of November 12, 2025 the best value apartment in the Oakley area is the $0.96 price per square foot 3BR/1.5BA Model at Decatur Flats Apartments in the starting from $1,199. The second greatest value Oakley apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 price per square foot . Here is today’s list of the best values for Oakley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.96 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| The Cove At Boulder Ridge | 3 Bedroom 2 bath | 3BR,2BA | $1.25 |
| Park Vista | Three Bedroom (Remodeled) | 3BR,1BA | $1.16 |
| 2474 N Florian | Unit 11 | 2BR,1.5BA | $1.13 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $0.61 |
| Timber Cove | The Yawl | 1BR,1BA | $1.08 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
| The Quarry Apartments | Basalt | Studio ,1BA | $1.39 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Oakley, IL
Frequently Asked Questions about Oakley
What type of rentals are currently available in Oakley?
There are currently 41 Apartments for Rent in Oakley, IL with pricing that ranges from $461 to $3,399. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakley ranging from $650 to $2,490.
What is the current price range for Rental Homes in Oakley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakley ranges from $650 to $2,490 with an average monthly rent of $1,527.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.