Cheap Apartments for Rent in the Oakwood Neighborhood of Westmont, IL from $1,000 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Westmont.

Furnished Studio-Chicago - Westmont - Oak

Forest Hill Apartments

5125 Blodgett Ave, Unit 514
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.

Colonial Gardens

148 Ann St

5118 Fairview Apartments
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.
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

How much does it cost to rent an apartment in Oakwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood Studio Apartments | $2,086 | $1,499 | $3,304 |
Oakwood 1 Bedroom Apartments | $2,593 | $1,289 | $5,905 |
Oakwood 2 Bedroom Apartments | $3,192 | $1,495 | $5,954 |
Oakwood 3 Bedroom Apartments | $3,236 | $1,680 | $5,294 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Westmont, IL.
See all Apartments in WestmontExplore Westmont
Oakwood, Westmont, IL Local Guide
- Nearby Westmont neighborhoods
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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. Yorktown Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,770. Here are the most affordable Oakwood apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Colonial Gardens | G | 2BR,1BA | $1,495 |
Yorktown Apartment Homes | Windsor | 1BR,1BA | $1,770 |
2200 Grace | Stafford | 2BR,2BA | $1,899 |
Quincy Station | The Slate B | Studio,1BA | $1,929 |
Dash Downers Grove | A11-DDG | 1BR,1BA | $2,122 |
Best Value Apartments for Rent in Oakwood, IL
As of October 07, 2025 the best value apartment in the Oakwood area is the $3.01 price per square foot C7A Model at Overture Yorktown 55+ Active Adult Apartment Homes in the in the Highland Hills neighborhood starting from $3,991. The second greatest value Oakwood apartment is the 924 Warren Ave Model at 924 Warren Ave, Unit 3 starting at $1,725 with a $1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Overture Yorktown 55+ Active Adult Apartment Homes | C7A | 2BR,2BA | $3.01 |
924 Warren Ave, Unit 3 | 924 Warren Ave | 2BR,1BA | $1.44 |
2200 Grace | Stafford | 2BR,2BA | $1.58 |
Elan Yorktown | B8 | 2BR,2BA | $2.71 |
Arrive Oak Brook Heights | Baldwin Townhome | 2BR,1.5BA | $2.67 |
311 Maple Ave, Unit B | 311 Maple Ave | 3BR,1BA | $2.24 |
240 W Quincy St, Unit D | 240 W Quincy St | 1BR,1BA | $1.81 |
Colonial Gardens | E | 2BR,1BA | $1.89 |
Yorktown Apartment Homes | Windsor | 1BR,1BA | $2.36 |
5118 Fairview Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.73 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOakwood, Westmont, IL
Ranked #8
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Quincy Station listed at $1,929.
How much is rent for a Cheap One Bedroom Oakwood Apartment?
The lowest price for a Cheap One Bedroom Oakwood Apartment is $1,770 at Yorktown Apartment Homes.
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.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.