
Apartments for Rent in Oakwood, IL Under $1,000 (56 Rentals)


808 N Lincoln Ave

Bailey Student Apartments Available 2026!

Element on Main

Town & Country Apartments

University Park

Philo Estates Apartments

The Grove

Brunswick Apartments

Urbana Estates
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Townway Place

Yugo Urbana Illinois

Prairie Green Apartment Homes

Golfview Village

The Verander

Waterview Estates

The Linc Apartments

Graduate Student Farmhouse at UIUC

Onyx Apartments
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.

Brookhaven

The Atrium

59 Juliana Dr

512 N Griffin St

1117 N Gilbert St

2809 E Main St

612 South St

917 E Seminary St

136 S Griffin St

18 Indiana St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

218 Tennessee Ave

1206 Robinson St

625.5 Commercial St

3570 N Vermilion St

215 Cook St

1434 N Walnut St

210 E Walnut St

5 Grace St

1012 May St

1206.5 Robinson St

206-A California

425 N Vermilion St

630 South St

1124 N Walnut St

Aspen Court

Windsor Duplexes

202 E Crockett

211 N Central

901 Western | Student Housing

Silver St./Philo Rd/Fletcher St
Oakwood, IL Local Guide

How much does it cost to rent an apartment in Oakwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood Studio Apartments | $1,006 | $525 | $1,359 |
| Oakwood 1 Bedroom Apartments | $1,127 | $717 | $1,659 |
| Oakwood 2 Bedroom Apartments | $1,169 | $765 | $1,923 |
| Oakwood 3 Bedroom Apartments | $1,214 | $785 | $2,000 |
| Oakwood 4 Bedroom Apartments | $1,000 | $635 | $2,080 |
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Oakwood, IL Local Guide
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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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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, IL Rentals by Map
See the most popular apartments and homes in Oakwood, IL
Frequently Asked Questions about Oakwood
How much are Studio apartments in Oakwood?
There are currently 6 Studio Apartments in Oakwood with rent ranges from $525 to $1,359 with an average price of $1,006.
What is the current price range for One Bedroom Oakwood Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Oakwood ranges from $717 to $1,659 with an average monthly rent of $1,127.
What does renting a Two Bedroom Apartment in Oakwood cost?
The monthly rent prices of Two Bedroom Apartments currently available in Oakwood range from $765 to $1,923. Today's average rental price for Two Bedrooms here is $1,169.
How expensive are Oakwood Three Bedroom Apartments?
There are currently 16 Three Bedroom Apartments listings available in Oakwood on ApartmentHomeLiving.com. The pricing ranges from $785 to $2,000 - averaging $1,214 for the location.
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

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.

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.

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.

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.
