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

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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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924 Warren Ave, Unit 1
$1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750
1 Bedroom Apartment Available Now

924 Warren Ave, Unit 1

924 Warren AveDowners Grove, IL 60515
  • Smoke Free
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5110 Fairview
Studio to 1 Bedroom Apartments

5110 Fairview

5110 FairviewDowners Grove, IL 60515
  • Utilities Included
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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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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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DG Crossing
1 to 2 Bedroom Apartments

DG Crossing

5202 Washington 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
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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

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 1 Bed unit found at Forest Hill Apartments priced from $1,389. 10 S Oak - 318 W Naperville- 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
10 S Oak - 318 W Naperville- 508 N Cass318 W Naperville 2 Bed/1 Bath2BR,1BA$1,600
Yorktown ApartmentsWinchester1BR,1BA$1,740
Arrive Oak Brook HeightsAdams1BR,1BA$1,779
Maple and Main ApartmentsB11BR,1BA$2,101

Best Value Apartments for Rent in Oakwood, IL

As of February 23, 2026 the best value apartment in the Oakwood area is the $3.61 price per square foot B6 Model at Overture Yorktown 55+ Active Adult Apartment Homes in the in the Highland Hills neighborhood starting from $3,236. The second greatest value Oakwood apartment is the The Gable D Model at Quincy Station starting at $2,484 with a $3.06 price per square foot in the Oakwood 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.
Overture Yorktown 55+ Active Adult Apartment HomesB61BR,1BA$3.61
Quincy StationThe Gable D1BR,1BA$3.06
10 S Oak - 318 W Naperville- 508 N Cass508 N Cass 2 bed / 1 Bath2BR,1BA$2.31
Arrive Oak Brook HeightsAdams1BR,1BA$2.34
Elan YorktownA71BR,1BA$2.91
Forest Hill Apartments1 Bed 1 Bath - sold out1BR,1BA$1.85
Yorktown ApartmentsCambridge1BR,1BA$2.50
924 Warren Ave, Unit 1924 Warren Ave1BR,1BA$2.50
Dash Downers GroveS11-DDGStudio ,1BA$3.39
Maple and Main ApartmentsB21BR,1BA$3.56

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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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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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 #4

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 Dash Downers Grove listed at $2,328.

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 10 S Oak - 318 W Naperville- 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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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

Written by: Bob Mallory

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.