
Cheap Homes for Rent in Oakwood Hills, IL from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Oakwood Hills.


4314 W Shamrock Ln

4302 W Shamrock Ln
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.

228 S Church St

443 N Main St

14 Lincoln Pkwy
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.
Oakwood Hills, IL Local Guide

How much does it cost to rent a home in Oakwood Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood Hills 2 Bedroom Homes for Rent | $2,035 | $1,550 | $3,000 |
| Oakwood Hills 3 Bedroom Homes for Rent | $2,716 | $2,300 | $3,200 |
| Oakwood Hills 4 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
| Oakwood Hills 5 Bedroom Homes for Rent | $2,220 | $2,220 | $2,220 |
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Oakwood Hills, IL Local Guide
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Cheapest Available Oakwood Hills Apartments for Rent and Nearby
 The cheapest available apartment rental in Oakwood Hills, IL is a 3 Beds unit found at Tuckaway Townhomes in the Lincoln Hills neighborhood priced from $864. Eden Prairie Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Oakwood Hills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tuckaway Townhomes | 3 Bedroom Townhome | 3BR,2BA | $864 |
| Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $1,395 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-3rd FlrV | 1BR,1BA | $1,432 |
Best Value Apartments for Rent in Oakwood Hills, IL and Nearby
As of January 01, 2026 the best value apartment in the Oakwood Hills area is the $0.62 price per square foot 3 Bedroom Townhome Model at Tuckaway Townhomes in the in the Lincoln Hills neighborhood starting from $864. The second greatest value Oakwood Hills apartment is the One bedroom/long den Model at The Villas At Patriot Estates starting at $1,915 with a $1.42 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for Oakwood Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tuckaway Townhomes | 3 Bedroom Townhome | 3BR,2BA | $0.62 |
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.42 |
| Eastbanks of Lake Zurich | 2/2 | 2BR,2BA | $1.80 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.77 |
| Residence of Fairway Greens | CB121.5 Two Bed One and One half bath | 2BR,1.5BA | $1.81 |
| The Woods of Terra Springs | Maple | 1BR,1BA | $1.80 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Fawn Ridge Apartments | Hillshire Plus | 2BR,1BA | $1.69 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-3rd FlrV | 1BR,1BA | $1.83 |
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 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 ArticleCash 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 ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Oakwood Hills
What type of rentals are currently available in Oakwood Hills?
There are currently 43 Apartments for Rent in Oakwood Hills, IL with pricing that ranges from $864 to $3,867. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Hills ranging from $1,295 to $3,200.
What is the current price range for Rental Homes in Oakwood Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood Hills ranges from $1,295 to $3,200 with an average monthly rent of $2,271.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!