Cheap Apartments for Rent in the Oakwood Neighborhood of Westmont, IL from $1,000 (18 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Warwick Apartments
1 Bedroom Apartments

Warwick Apartments

312-316 Warwick AveWestmont, IL 60559
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5110 Fairview
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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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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Walker Apartments
Studio to 2 Bedroom Apartments

Walker Apartments

4 Walker AveClarendon Hills, IL 60514
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910 Curtiss St
1 Bedroom Apartments

910 Curtiss St

910 Curtiss StDowners Grove, IL 60515
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4925 Fairview Ave
1 Bedroom Apartments

4925 Fairview Ave

4925 Fairview AveDowners Grove, IL 60515
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5125 Blodgett
1 Bedroom Apartments

5125 Blodgett

5125 Blodgett AveDowners Grove, IL 60515

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.

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 2 Beds unit found at Colonial Gardens priced from $1,495. Twin Lake Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,589. Here are the most affordable Oakwood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Colonial GardensG2BR,1BA$1,495
Twin Lake Towers1 Bed1BR,1BA$1,589
10 S Oak - 318 W Naperville- 508 N Cass318 W Naperville 2 Bed/1 Bath2BR,1BA$1,600
Yorktown Apartment HomesCanterbury PremierStudio,1BA$1,699
TGM WillowbrookA21BR,1BA$1,699

Best Value Apartments for Rent in Oakwood, IL

As of June 18, 2025 the best value apartment in the Oakwood area is the $1.73 price per square foot Berkshire Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,489. The second greatest value Oakwood apartment is the 2 Bed 2 Bath + Den Model at HIGHPOINT Clarendon Hills starting at $3,078 with a $2.51 price per square foot in the Cass Lake Village 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 GraceBerkshire3BR,2BA$1.73
HIGHPOINT Clarendon Hills2 Bed 2 Bath + Den2BR,2BA$2.51
Fairview Station2 Beds, 2 Baths2BR,2BA$2.04
Arden of Oak Brook2B2BR,2BA$2.21
240 W Quincy St, Unit D240 W Quincy St1BR,1BA$1.72
10 S Oak - 318 W Naperville- 508 N Cass508 N Cass 2 bed / 1 Bath2BR,1BA$2.31
Twin Lake Towers1 Bed1BR,1BA$1.99
Colonial GardensE2BR,1BA$1.89
4925 Fairview Ave1 Bed 1 Bath1BR,1BA$2.33
Yorktown Apartment HomesCambridge1BR,1BA$2.64

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Pet Friendly Lifestyle
Oakwood, Westmont, IL

Ranked #5

Among neighborhoods in Westmont, IL 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 Apartment Homes listed at $1,699.

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

The lowest price for a Cheap One Bedroom Oakwood Apartment is $1,589 at Twin Lake Towers.

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 $1,495 at Colonial Gardens.

What is the most affordable Oakwood Three Bedroom Apartment?

The best deal on a cheap Oakwood Three Bedroom Apartment rental is at Colonial Gardens and starts from $1,680.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.