Cheap Homes for Rent in Oakwood Hills, IL from $1,200 (10 Rentals)

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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.

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.

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 2 Beds unit found at Coventry Glen Apartments priced from $1,335. The Paths of Walnut Ridge in the Bryn Mawr neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,480. Here is today’s list of the most affordable Oakwood Hills apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Coventry Glen Apartments2 Bdrm/2 Bath-2nd FlrS2BR,2BA$1,335
The Paths of Walnut Ridge2 Bed / 2 Bath2BR,2BA$1,480
The Blake at Fox RiverEllory Terrace1BR,1BA$1,490

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

As of February 23, 2026 the best value apartment in the Oakwood Hills area is the $1.42 price per square foot One bedroom/long den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,915. The second greatest value Oakwood Hills apartment is the Meadowood Model at Redwood Volo starting at $2,575 with a $1.94 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.
The Villas At Patriot EstatesOne bedroom/long den1BR,2.5BA$1.42
Redwood VoloMeadowood2BR,2BA$1.94
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.77
Residence of Fairway GreensCB121.5 Two Bed One and One half bath2BR,1.5BA$1.81
Crystal Lake Apartments2 Bedroom Townhome2BR,1BA$1.95
The Paths of Walnut Ridge2 Bed / 2 Bath2BR,2BA$1.51
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.70
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrP1BR,1BA$1.91

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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The 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.

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Cash 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.

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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 43 Apartments for Rent in Oakwood Hills, IL with pricing that ranges from $1,199 to $3,892. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Hills ranging from $1,295 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 $1,295 to $13,000 with an average monthly rent of $3,818.

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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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.