Cheap Homes for Rent in Oakwood Neighborhood of Westmont, IL from $1,500 (7 Rentals)

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

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

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. 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
Colonial GardensG2BR,1BA$1,495
10 S Oak - 318 W Naperville- 508 N Cass318 W Naperville 2 Bed/1 Bath2BR,1BA$1,600
Yorktown Apartment HomesAbbey PremierStudio,1BA$1,670

Best Value Apartments for Rent in Oakwood, IL

As of September 15, 2025 the best value apartment in the Oakwood area is the $1.58 price per square foot Berkshire Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,274. The second greatest value Oakwood apartment is the Butterfield Townhome Model at Arrive Oak Brook Heights starting at $2,480 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 GraceBerkshire3BR,2BA$1.58
Arrive Oak Brook HeightsButterfield Townhome2BR,1.5BA$2.02
Elan YorktownB8.22BR,2BA$2.31
924 Warren Ave, Unit 3924 Warren Ave2BR,1BA$1.75
240 W Quincy St, Unit D240 W Quincy St1BR,1BA$1.87
10 S Oak - 318 W Naperville- 508 N Cass508 N Cass 2 bed / 1 Bath2BR,1BA$2.31
Colonial GardensE2BR,1BA$1.89
Dash Downers GroveA61-DDG1BR,1BA$3.01
Maple and Main ApartmentsB51BR,1BA$3.18
Yorktown Apartment HomesAbbey PremierStudio ,1BA$3.23

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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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Frequently Asked Questions about Oakwood

What type of rentals are currently available in Oakwood?

There are currently 93 Apartments for Rent in Oakwood, IL with pricing that ranges from $1,289 to $5,954. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $1,550 to $11,000.

What is the current price range for Rental Homes in Oakwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood ranges from $1,550 to $11,000 with an average monthly rent of $4,175.

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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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.