
Cheap Homes for Rent near Oakwood Hills, IL from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Oakwood Hills.


208 S Main St
Rent According to Income: A Look at Income-Restricted Rentals
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1363 Cunat Ct

1343 Cunat Ct
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300 Opatrny Dr
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 | $2,037 | $1,050 | $2,900 |
| Oakwood Hills 3 Bedroom Homes for Rent | $2,601 | $1,875 | $3,600 |
| Oakwood Hills 4 Bedroom Homes for Rent | $3,623 | $2,100 | $4,900 |
| Oakwood Hills 5 Bedroom Homes for Rent | $13,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Oakwood Hills
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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 1 Bed unit found at Cary Horizon 62+ Senior Community in the Arrowhead neighborhood priced from $570. Fawn Ridge Apartments in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable Oakwood Hills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cary Horizon 62+ Senior Community | 1 Bedroom - 30-60% | 1BR,1BA | $570 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
Best Value Apartments for Rent in Oakwood Hills, IL and Nearby
As of September 05, 2026 the best value apartment in the Oakwood Hills area is the $1.17 price per square foot Large One Bedroom/Den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,972. The second greatest value Oakwood Hills apartment is the 3 Bedroom Model at The Schoolhouse Apartments starting at $2,200 with a $1.47 price per square foot in the Arrowhead 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 | Large One Bedroom/Den | 1BR,2.5BA | $1.17 |
| The Schoolhouse Apartments | 3 Bedroom | 3BR,2BA | $1.47 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.81 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.25 |
| McHenry Commons | Hackberry - 60% AMI | 2BR,2BA | $1.40 |
| Cary Horizon 62+ Senior Community | 2 Bedroom - 60% | 2BR,1BA | $1.56 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.72 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.43 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
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 ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 46 Apartments for Rent in Oakwood Hills, IL with pricing that ranges from $570 to $3,590. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Hills ranging from $900 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 $900 to $13,000 with an average monthly rent of $2,722.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.