
Cheap Homes for Rent in Oakwood, IL from $600 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Oakwood.


510 W Townsend St

18 S Collett St

1207 Cleveland Ave

124 Kentucky Ave

1329 E Main St

847 E Seminary St

115 State St N

220 State St

517 Sheridan St

1497 E Fairchild St

214 Edwards St

1011 E Williams St

930 N Bowman Ave

102 Elmwood Ave

134 S Griffin St

815 N Franklin St

906 Moore St

1115 Harmon St
Oakwood, IL Local Guide

How much does it cost to rent a home in Oakwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood 2 Bedroom Homes for Rent | $818 | $675 | $1,375 |
Oakwood 3 Bedroom Homes for Rent | $907 | $750 | $1,700 |
Browse Top Homes for Rent in Oakwood
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Oakwood, IL Local Guide
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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 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $726 |
Golfview Village | The Gilmore | 2BR,1BA | $740 |
Prairie Green Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $775 |
Best Value Apartments for Rent in Oakwood, IL and Nearby
As of September 20, 2025 the best value apartment in the Oakwood area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Oakwood apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 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. |
---|---|---|---|
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 | $0.60 |
Stone Ridge Square | 2 Bedroom 2 Bath - 980 SF | 2BR,2BA | $1.28 |
202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
Aspen Court | The Sugar Maple | 2BR,1.5BA | $1.10 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
University Park | One Bedroom | 1BR,1BA | $1.14 |
Prairie Green Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
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Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 43 Apartments for Rent in Oakwood, IL with pricing that ranges from $525 to $2,000. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $675 to $2,950.
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 $675 to $2,950 with an average monthly rent of $1,558.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.