Cheap Apartments for Rent in the Oakwood Neighborhood of Westmont, IL from $1,030 (43 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

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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2200 Grace
Rent Specials
$1,952 - $2,440
Total Monthly Price

Total Monthly Price

Base Rent
$1,952 - $2,440
Total Monthly Price
$1,952 - $2,440
1 to 3 Bedroom Apartments Available Now

2200 Grace

2200 S Grace StLombard, IL 60148
Cost Per Sq.Ft.
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143 Ann St
$2,200 - $2,700
Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $2,700
Total Monthly Price
$2,200 - $2,700
1 to 2 Bedroom Apartments Available Now

143 Ann St

143 Ann StClarendon Hills, IL 60514
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Dash Downers Grove
$2,208 - $4,302
Total Monthly Price

Total Monthly Price

Base Rent
$2,208 - $4,302
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Dash Downers Grove

926 Maple AveDowners Grove, IL 60515
Luxury
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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5110 Fairview
Studio to 1 Bedroom Apartments

5110 Fairview

5110 FairviewDowners Grove, IL 60515
  • Utilities Included
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Ogden
Studio to 1 Bedroom Apartments

Ogden

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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4925 Fairview Ave
1 to 2 Bedroom Apartments

4925 Fairview Ave

4925 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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5118 Fairview
1 Bedroom Apartments

5118 Fairview

5118 S Fairview AveDowners Grove, IL 60515

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.

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property at 724 Warren Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

724 Warren Ave, Unit 101

724 Warren Ave
Downers GroveIL60515
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DG Crossing
1 to 2 Bedroom Apartments

DG Crossing

5202 Washington StDowners Grove, IL 60515
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Curtiss
1 to 2 Bedroom Apartments

Curtiss

1008-1010 Curtiss StDowners Grove, IL 60515
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Maple and Main
Studio to 3 Bedroom Apartments

Maple and Main

1010 Maple AveDowners Grove, IL 60515
Corporate Housing
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Fairview Station
2 Bedroom Apartments

Fairview Station

5117 Fairview AveDowners Grove, IL 60515

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-43, Page 1 of 1

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
Yorktown ApartmentsA21BR,1BA$1,696
Arrive Oak Brook HeightsAdams1BR,1BA$1,729
5118 Fairview1BR/1.0BA1BR,1BA$1,800
10 Oak Ave2 bed 1.5 bath2BR,1BA$1,800
2200 GraceB12BR,2BA$1,952
143 Ann St1BD1BA - Unit #1S1BR,1BA$2,200
Maple and MainA11BR,1BA$2,284

Best Value Apartments for Rent in Oakwood, IL

As of August 25, 2026 the best value apartment in the Oakwood area is the $2.20 price per square foot 2 Bed 2 Bath Model at HIGHPOINT Downers Grove on Rogers in the in the Oakwood neighborhood starting from $2,779. The second greatest value Oakwood apartment is the B2 Model at 2200 Grace starting at $2,045 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 Downers Grove on Rogers2 Bed 2 Bath2BR,2BA$2.20
2200 GraceB22BR,2BA$1.63
HIGHPOINT Clarendon Hills2 Bed 2 Bath + Den2BR,2BA$2.93
34 S Bodin St, Unit Bodin property34 S Bodin St1BR,1BA$1.41
10 Oak Ave2 bed 1.5 bath2BR,1.5BA$2.25
508 N Cass508 N Cass 2 bed / 1 Bath2BR,1BA$2.31
Arrive Oak Brook HeightsAdams1BR,1BA$2.28
Forest Hill Apartments1 Bed 1 Bath - sold out1BR,1BA$1.85
Yorktown ApartmentsA11BR,1BA$2.38
5118 Fairview1BR/1.0BA1BR,1BA$2.57

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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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.

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Pet Friendly Lifestyle
Oakwood, Westmont, IL

Ranked #5

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 Apartments listed at $1,715.

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.

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.

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