Cheap Apartments for Rent in the Oakwood Neighborhood of Westmont, IL from $1,000 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Oakwood area of Westmont.

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Warwick Apartments
1 to 2 Bedroom Apartments

Warwick Apartments

312-316 Warwick AveWestmont, IL 60559
  • Utilities Included

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.

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5110 Fairview
Studio to 1 Bedroom Apartments

5110 Fairview

5110 FairviewDowners Grove, IL 60515
  • Utilities Included

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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800 Ogden Ave
Studio to 1 Bedroom Apartments

800 Ogden Ave

800 Ogden AveDowners Grove, IL 60515
  • Utilities Included
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Walker Apartments
Studio to 3 Bedroom Apartments

Walker Apartments

4 Walker AveClarendon Hills, IL 60514
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Yorktown Apartments
Studio to 3 Bedroom Apartments

Yorktown Apartments

2233 S Highland AveLombard, IL 60148
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Curtiss
1 to 2 Bedroom Apartments

Curtiss

1008-1010 Curtiss StDowners Grove, IL 60515
  • Utilities Included
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4925 Fairview Ave
1 to 2 Bedroom Apartments

4925 Fairview Ave

4925 Fairview AveDowners Grove, IL 60515
  • Utilities Included
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910 Curtiss St
1 Bedroom Apartments

910 Curtiss St

910 Curtiss StDowners Grove, IL 60515
  • Utilities Included

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.

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5125 Blodgett
1 Bedroom Apartments

5125 Blodgett

5125 Blodgett AveDowners Grove, IL 60515

Oakwood, Westmont, IL Local Guide

Cheapest Available Oakwood Apartments for Rent

 

The cheapest available apartment rental in the Oakwood area of Chicago, IL is a Studio unit found at Yorktown Apartments priced from $1,399. 4925 Fairview Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here are the most affordable Oakwood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Yorktown ApartmentsAbbeyStudio,1BA$1,399
4925 Fairview Ave1 Bed 1 Bath1BR,1BA$1,695
Arrive Oak Brook HeightsAdams1BR,1BA$1,740
33 W Naperville Rd1x11BR,1BA$1,745
5118 Fairview Apartments1 Bed 1 Bath1BR,1BA$1,775

Best Value Apartments for Rent in Oakwood, IL

As of November 23, 2025 the best value apartment in the Oakwood area is the $2.77 price per square foot 2 Bed 2 Bath Model at HIGHPOINT Clarendon Hills in the in the Oakwood neighborhood starting from $3,623. The second greatest value Oakwood apartment is the Lancaster Model at 2200 Grace starting at $2,048 with a $1.63 price per square foot in the Highland Hills neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
HIGHPOINT Clarendon Hills2 Bed 2 Bath2BR,2BA$2.77
2200 GraceLancaster2BR,2BA$1.63
311 Maple Ave, Unit B311 Maple Ave3BR,1BA$2.15
33 W Naperville Rd1x11BR,1BA$1.94
Elan YorktownA10.11BR,1BA$2.75
Dash Downers GroveA61-DDG1BR,1BA$3.14
Arrive Oak Brook HeightsAdams1BR,1BA$2.30
4925 Fairview Ave1 Bed 1 Bath1BR,1BA$2.26
5118 Fairview Apartments1 Bed 1 Bath1BR,1BA$2.73
Yorktown ApartmentsAbbeyStudio ,1BA$2.71

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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Quick 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.

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Pet Friendly Lifestyle
Oakwood, Westmont, IL

Ranked #2

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Illinois, including Westmont. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Getting Around the Oakwood Neighborhood in Westmont, IL

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

18 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Oakwood Apartments

What is the Cheapest Studio apartment in Oakwood?

Currently the most affordable Cheap Studio Apartment in Oakwood is at Yorktown Apartments listed at $1,399.

How much is rent for a Cheap One Bedroom Oakwood Apartment?

The lowest price for a Cheap One Bedroom Oakwood Apartment is $1,695 at 4925 Fairview Ave.

What is the lowest price for a Cheap Two Bedroom Oakwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakwood is starting from $1,863 at 2200 Grace.

What is the most affordable Oakwood Three Bedroom Apartment?

The best deal on a cheap Oakwood Three Bedroom Apartment rental is at 2200 Grace and starts from $2,198.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.