208 S Main St
WaucondaIL60084
Cheap Homes for Rent near Oakwood Hills, IL from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Oakwood Hills.
10 Arrowhead Dr
AlgonquinIL60102
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.
651 S Virginia Rd
Crystal LakeIL60014
571 Somerset Ln
Crystal LakeIL60014
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.
352 College St
Crystal LakeIL60014
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Oakwood Hills, IL Local Guide
Sunrise over field by Claire Y. Martin is licensed under CC BY 2.0
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 | $2,074 | $1,550 | $3,197 |
| Oakwood Hills 3 Bedroom Homes for Rent | $2,647 | $2,075 | $3,800 |
| Oakwood Hills 4 Bedroom Homes for Rent | $3,323 | $2,500 | $4,800 |
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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 in the Arrowhead neighborhood priced from $570. McHenry Commons in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $576. Here is today’s list of the most affordable Oakwood Hills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cary Horizon | 1 Bedroom - 30-60% | 1BR,1BA | $570 |
| McHenry Commons | Birch - 30% AMI | 1BR,1BA | $576 |
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Oakwood Hills, IL and Nearby
As of July 22, 2026 the best value apartment in the Oakwood Hills area is the $1.91 price per square foot 2/2 Model at Eastbanks of Lake Zurich in the in the Hawthorn Woods Country Club neighborhood starting from $2,395. The second greatest value Oakwood Hills apartment is the Champion Single Wide Model at Oakbrook Estates- Senior 55+ Community starting at $1,500 with a $1.25 price per square foot in the East Suburban McHenry 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. |
|---|---|---|---|
| Eastbanks of Lake Zurich | 2/2 | 2BR,2BA | $1.91 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.25 |
| Stone Edge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| McHenry Commons | Hornbeam - 60% AMI | 2BR,2BA | $1.46 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| Cary Horizon | 2 Bedroom - 60% | 2BR,1BA | $1.56 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $2.00 |
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 Article
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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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 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Hills ranging from $1,295 to $4,800.
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 $4,800 with an average monthly rent of $2,341.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.