903 Jewell St
DanvilleIL61832
Cheap Homes for Rent in Oakwood, IL from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Oakwood.
931 Baldwin St
DanvilleIL61832
28 S Virginia Ave
DanvilleIL61832
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.
1308 Lape St
DanvilleIL61832
1018 Giddings St
DanvilleIL61832
1207 Cleveland Ave
DanvilleIL61832
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.
922 Martin St
DanvilleIL61832
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Oakwood, IL Local Guide
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How much does it cost to rent a home in Oakwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood 2 Bedroom Homes for Rent | $746 | $500 | $1,200 |
| Oakwood 3 Bedroom Homes for Rent | $956 | $750 | $1,600 |
Browse Top Homes for Rent in Oakwood
Explore Oakwood
Oakwood, IL Local Guide
- Nearby Cities
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Cheapest Available Oakwood Apartments for Rent and Nearby
The cheapest available apartment rental in Oakwood, IL is a Studio unit found at Brookhaven priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Oakwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookhaven | Studio | Studio,1BA | $525 |
| Brunswick Apartments | Studio | Studio,1BA | $625 |
| Town & Country Apartments | Kensington | 1BR,1BA | $749 |
Best Value Apartments for Rent in Oakwood, IL and Nearby
As of November 17, 2025 the best value apartment in the Oakwood area is the $0.63 price per square foot The Palmer Model at Golfview Village in the starting from $1,040. The second greatest value Oakwood apartment is the 2 Bedroom/2.5 bath Model at 200 Vine St starting at $1,675 with a $1.07 price per square foot . Here is today’s list of the best values for Oakwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Golfview Village | The Palmer | 4BR,2.5BA | $0.63 |
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Eastland Apartments | 2 Bedroom | 2BR,2BA | $1.19 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.65 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
| The Grove | 2BR | 2BR,1BA | $1.30 |
| Town & Country Apartments | Danbury | 1BR,1BA | $1.39 |
| The Atrium | Single (shared common area) | 1BR,1BA | $1.33 |
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
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.
Read ArticleQuick Rent Budget Calculator
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Explore Oakwood, IL Rentals by Map
See the most popular apartments and homes in Oakwood, IL
Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 44 Apartments for Rent in Oakwood, IL with pricing that ranges from $518 to $2,000. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $475 to $1,600.
What is the current price range for Rental Homes in Oakwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood ranges from $475 to $1,600 with an average monthly rent of $725.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.