
Cheap Homes for Rent in Oakwood Hills, IL from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Oakwood Hills.


228 S Church St

4314 W Shamrock Ln

3 E Main St

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.

672 Krenz Ave

627 S Virginia Rd

615 S Virginia Rd

14 Lincoln Pkwy

106 E State Road 2
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 | $1,882 | $1,525 | $2,600 |
| Oakwood Hills 3 Bedroom Homes for Rent | $2,553 | $1,850 | $3,200 |
| Oakwood Hills 4 Bedroom Homes for Rent | $2,700 | $2,100 | $3,500 |
| Oakwood Hills 5 Bedroom Homes for Rent | $13,000 | $10,000 | $10,000+ |
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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 2 Beds unit found at Coventry Glen Apartments priced from $1,335. The Paths of Walnut Ridge in the Bryn Mawr neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,480. Here is today’s list of the most affordable Oakwood Hills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Coventry Glen Apartments | 2 Bdrm/2 Bath-2nd FlrS | 2BR,2BA | $1,335 |
| The Paths of Walnut Ridge | 2 Bed / 2 Bath | 2BR,2BA | $1,480 |
| The Blake at Fox River | Ellory Terrace | 1BR,1BA | $1,490 |
Best Value Apartments for Rent in Oakwood Hills, IL and Nearby
As of February 23, 2026 the best value apartment in the Oakwood Hills area is the $1.42 price per square foot One bedroom/long den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,915. The second greatest value Oakwood Hills apartment is the Meadowood Model at Redwood Volo starting at $2,575 with a $1.94 price per square foot in the Liberty Lakes - Freedom Series 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. |
|---|---|---|---|
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.42 |
| Redwood Volo | Meadowood | 2BR,2BA | $1.94 |
| 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 |
| Crystal Lake Apartments | 2 Bedroom Townhome | 2BR,1BA | $1.95 |
| The Paths of Walnut Ridge | 2 Bed / 2 Bath | 2BR,2BA | $1.51 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-2nd FlrP | 1BR,1BA | $1.91 |
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 $1,199 to $3,892. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Hills ranging from $1,295 to $13,000.
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 $13,000 with an average monthly rent of $3,818.
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.