
Cheap Homes for Rent in Oakwood Hills, IL from $1,100 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Oakwood Hills.


4301 W Shamrock Ln

520 S Main St

4314 W Shamrock Ln

627 S Virginia Rd
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.

1375 Cunat Ct

10 Arrowhead Dr

20 Arrowhead Dr

651 S Virginia Rd

439 Berkshire Dr
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.

1351 Cunat Ct

155 E Mill St

417 Berkshire Dr

1361 Cunat Ct

159 E Mill St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

4083 Ames Rd
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 | $2,011 | $1,550 | $3,197 |
| Oakwood Hills 3 Bedroom Homes for Rent | $2,710 | $1,825 | $4,700 |
| Oakwood Hills 4 Bedroom Homes for Rent | $3,440 | $3,000 | $4,200 |
| 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 2 Beds unit found at Meadowdale Apartments in the Waterford of Algonquin neighborhood priced from $1,450. 311 Barrington Ave Lofts in the Beacon Pointe neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here is today’s list of the most affordable Oakwood Hills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowdale Apartments | 2 Bedroom 1 Bath 810 sq ft | 2BR,1BA | $1,450 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1,562 |
| Eden Prairie Apartments | 2 Bed 1 Bath B Level 3 | 2BR,1BA | $1,570 |
| Randall Village | The Chagall | 1BR,1BA | $1,615 |
Best Value Apartments for Rent in Oakwood Hills, IL and Nearby
As of April 10, 2026 the best value apartment in the Oakwood Hills area is the $1.47 price per square foot One bedroom/long den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,972. The second greatest value Oakwood Hills apartment is the Forestwood Model at Redwood Fox River Grove starting at $2,624 with a $2.03 price per square foot in the Rawson Bridge 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 | $1.47 |
| Redwood Fox River Grove | Forestwood | 2BR,2BA | $2.03 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| Brandy Drive Apartments | Plan B | 2BR,1.5BA | $1.73 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| Residence of Fairway Greens | B6.BR | 2BR,2BA | $1.90 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Eden Prairie Apartments | 2 Bed 1 Bath A Renovated Level 2 | 2BR,1BA | $2.02 |
| Meadowdale Apartments | 2 Bedroom 1 Bath 810 sq ft | 2BR,1BA | $1.79 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oakwood Hills, IL Rentals by Map
See the most popular apartments and homes in Oakwood Hills, IL
Frequently Asked Questions about Oakwood Hills
What type of rentals are currently available in Oakwood Hills?
There are currently 44 Apartments for Rent in Oakwood Hills, IL with pricing that ranges from $588 to $4,053. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Hills ranging from $1,125 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 $1,125 to $13,000 with an average monthly rent of $4,510.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.