Cheap Homes for Rent in Oakwood Hills, IL from $1,200 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Oakwood Hills.

property at 1375 Cunat Ct

$1,395

1 Bedroom Rentals

Available Jun 12

1375 Cunat Ct

Lake In The HillsIL60156

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

Oakwood Hills, IL Local Guide

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 Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. Meadowdale Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable Oakwood Hills apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1,235
The Church Street Apartments1 Bedroom1BR,1BA$1,400
Darlington Court ApartmentsOne Bed/One Bath1BR,1BA$1,477
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1,500

Best Value Apartments for Rent in Oakwood Hills, IL and Nearby

As of June 06, 2026 the best value apartment in the Oakwood Hills area is the $1.95 price per square foot Willowood Model at Redwood Crystal Lake in the in the Arrowhead neighborhood starting from $2,699. The second greatest value Oakwood Hills apartment is the Forestwood Model at Redwood Volo starting at $2,483 with a $1.92 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Crystal LakeWillowood2BR,2BA$1.95
Redwood VoloForestwood2BR,2BA$1.92
The Meadows Apartments LakemoorMeadow2BR,2BA$1.65
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
Residence of Fairway Greens2.1.5B2BR,1.5BA$1.95
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.70
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1.85

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.

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Real 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.

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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 45 Apartments for Rent in Oakwood Hills, IL with pricing that ranges from $576 to $3,662. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Hills ranging from $1,210 to $4,100.

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 $1,210 to $4,100 with an average monthly rent of $2,346.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.