Cheap Homes for Rent near Oakwood Hills, IL from $900 (5 Rentals)

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1363 Cunat Ct
$1,475 - $1,600
1 Bedroom Rentals
Available Now
Affordability

1363 Cunat Ct

Lake In The HillsIL60156

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 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 ListingModel NameBed/BathPriced From
Cary Horizon 62+ Senior Community1 Bedroom - 30-60%1BR,1BA$570
Fawn Ridge ApartmentsValley View1BR,1BA$1,220
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas At Patriot EstatesLarge One Bedroom/Den1BR,2.5BA$1.17
The Schoolhouse Apartments3 Bedroom3BR,2BA$1.47
Redwood Crystal LakeWillowood2BR,2BA$1.81
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.25
McHenry CommonsHackberry - 60% AMI2BR,2BA$1.40
Cary Horizon 62+ Senior Community2 Bedroom - 60%2BR,1BA$1.56
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.72
The Church Street Apartments1 Bedroom1BR,1BA$1.43
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Fawn Ridge ApartmentsValley View1BR,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.

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Navigating 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.

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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 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

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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.

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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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

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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.