Cheap Apartments for Rent in the Oakwood Neighborhood of Westmont, IL from $1,000 (37 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

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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Yorktown Apartments
$1,728 - $4,355
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$1,728 - $4,355

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Studio to 2 Bedroom Apartments Available Now

Yorktown Apartments

2233 S Highland AveLombard, IL 60148
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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.

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2200 Grace
$1,937 - $2,554
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$1,937 - $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
$1,977 - $14,269
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$1,977 - $14,269

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Studio to 2 Bedroom Apartments Available Now

Elan Yorktown

50 Yorktown Shopping CtrLombard, IL 60148
Luxury
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Dash Downers Grove
$2,196 - $5,553
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$2,196 - $5,553

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Studio to 3 Bedroom Apartments Available Now

Dash Downers Grove

926 Maple AveDowners Grove, IL 60515
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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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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
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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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5118 Fairview
1 Bedroom Apartments

5118 Fairview

5118 S Fairview AveDowners Grove, IL 60515

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.

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. Curtiss has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. 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
Curtiss1BR/1.0BA1BR,1BA$1,495
508 N Cass2 Beds, 1 bath2BR,1BA$1,600
Yorktown ApartmentsS1Studio,1BA$1,728
DG Crossing1BR/1.0BA1BR,1BA$1,750
5118 Fairview1BR/1.0BA1BR,1BA$1,800
10 Oak Ave2 bed 1.5 bath2BR,1BA$1,800
2200 GraceB12BR,2BA$1,937

Best Value Apartments for Rent in Oakwood, IL

As of May 25, 2026 the best value apartment in the Oakwood area is the $1.74 price per square foot C1 Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,504. The second greatest value Oakwood apartment is the Butterfield Townhome Model at Arrive Oak Brook Heights starting at $2,469 with a $2.02 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$1.74
Arrive Oak Brook HeightsButterfield Townhome2BR,1.5BA$2.02
DG Crossing1BR/1.0BA1BR,1BA$2.09
Curtiss1BR/1.0BA1BR,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
Forest Hill Apartments1 Bed 1 Bath - sold out1BR,1BA$1.85
5125 Blodgett Ave, Unit apt. 3155125 Blodgett Ave1BR,1BA$2.03
Yorktown ApartmentsS1Studio ,1BA$2.40
8 2nd St, Unit 68 2nd St1BR,1BA$2.33

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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Pet Friendly Lifestyle
Oakwood, Westmont, IL

Ranked #1

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 $1,728.

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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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.