Cheap Apartments for Rent in the Oakwood Neighborhood of Westmont, IL from $1,000 (40 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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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.

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Warwick Apartments
1 to 2 Bedroom Apartments

Warwick Apartments

312-316 Warwick AveWestmont, IL 60559
  • Utilities Included

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Yorktown Apartments
$1,620 - $2,712
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$1,620 - $2,712

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Studio to 2 Bedroom Apartments Available Now

Yorktown Apartments

2233 S Highland AveLombard, IL 60148
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Yorktown Reserve
Rent Specials
$1,858 - $4,000
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$1,858 - $4,000

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Studio to 3 Bedroom Apartments Available Now

Yorktown Reserve

95 Yorktown CtrLombard, IL 60148
Family Friendly
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2200 Grace
$2,007 - $2,554
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$2,007 - $2,554

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1 to 3 Bedroom Apartments Available Now

2200 Grace

2200 S Grace StLombard, IL 60148
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Elan Yorktown
$2,234 - $8,926
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$2,234 - $8,926

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Studio to 2 Bedroom Apartments Available Now

Elan Yorktown

50 Yorktown Shopping CtrLombard, IL 60148
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Dash Downers Grove
$2,331 - $6,379
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$2,331 - $6,379

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Studio to 3 Bedroom Apartments Available Now

Dash Downers Grove

926 Maple AveDowners Grove, IL 60515
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5110 Fairview
Studio to 1 Bedroom Apartments

5110 Fairview

5110 FairviewDowners Grove, IL 60515
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800 Ogden Ave
Studio to 1 Bedroom Apartments

800 Ogden Ave

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

Walker Apartments

4 Walker AveClarendon Hills, IL 60514
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Curtiss
1 to 2 Bedroom Apartments

Curtiss

1008-1010 Curtiss StDowners Grove, IL 60515
  • Utilities Included

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.

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5118 Fairview
1 Bedroom Apartments

5118 Fairview

5118 S Fairview AveDowners Grove, IL 60515
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910 Curtiss St
1 Bedroom Apartments

910 Curtiss St

910 Curtiss StDowners Grove, IL 60515
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5125 Blodgett
1 Bedroom Apartments

5125 Blodgett

5125 Blodgett AveDowners Grove, IL 60515
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DG Crossing
1 to 2 Bedroom Apartments

DG Crossing

5202 Washington StDowners Grove, IL 60515
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Fairview Station
2 Bedroom Apartments

Fairview Station

5117 Fairview AveDowners Grove, IL 60515

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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 1 Bed unit found at Forest Hill Apartments priced from $1,389. 508 N Cass has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,600. Here are the most affordable Oakwood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Forest Hill Apartments1 Bed 1 Bath - sold out1BR,1BA$1,389
508 N Cass2 Beds, 1 bath2BR,1BA$1,600
DG Crossing1BR/1.0BA1BR,1BA$1,725
Yorktown ApartmentsA31BR,1BA$1,744
Arrive Oak Brook HeightsAdams1BR,1BA$1,769
10 Oak Ave2 bed 1.5 bath2BR,1BA$1,800
2200 GraceB22BR,2BA$2,100

Best Value Apartments for Rent in Oakwood, IL

As of April 09, 2026 the best value apartment in the Oakwood area is the $1.77 price per square foot C1 Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,554. The second greatest value Oakwood apartment is the Baldwin Townhome Model at Arrive Oak Brook Heights starting at $2,579 with a $2.41 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.
2200 GraceC13BR,2BA$1.77
Arrive Oak Brook HeightsBaldwin Townhome2BR,1.5BA$2.41
924 Warren Ave, Unit 1924 Warren Ave1BR,1BA$1.63
DG Crossing1BR/1.0BA1BR,1BA$2.06
240 W Quincy St, Unit D240 W Quincy St2BR,1BA$1.87
508 N Cass508 N Cass 2 bed / 1 Bath2BR,1BA$2.31
10 Oak Ave2 bed 1.5 bath2BR,1.5BA$2.25
Yorktown ApartmentsA21BR,1BA$2.62
Forest Hill Apartments1 Bed 1 Bath - sold out1BR,1BA$1.85
8 2nd St, Unit 68 2nd St1BR,1BA$2.33

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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 #6

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.

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 Reserve listed at $2,175.

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

The lowest price for a Cheap One Bedroom Oakwood Apartment is $1,389 at Forest Hill Apartments.

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 $1,600 at 508 N Cass.

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 $2,554.

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.

Helpful Local Expert Guides

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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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.