Cheap Homes for Rent in Oakwood Neighborhood of Westmont, IL from $1,300 (10 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.

property at 143 Ann St

143 Ann St

Clarendon HillsIL60514

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 Studio unit found at Yorktown Apartments priced from $1,399. 4925 Fairview Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here are the most affordable Oakwood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Yorktown ApartmentsAbbeyStudio,1BA$1,399
4925 Fairview Ave1 Bed 1 Bath1BR,1BA$1,695
Arrive Oak Brook HeightsAdams1BR,1BA$1,745

Best Value Apartments for Rent in Oakwood, IL

As of November 24, 2025 the best value apartment in the Oakwood area is the $2.77 price per square foot 2 Bed 2 Bath Model at HIGHPOINT Clarendon Hills in the in the Oakwood neighborhood starting from $3,623. The second greatest value Oakwood apartment is the Lancaster Model at 2200 Grace starting at $2,048 with a $1.63 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.
HIGHPOINT Clarendon Hills2 Bed 2 Bath2BR,2BA$2.77
2200 GraceLancaster2BR,2BA$1.63
311 Maple Ave, Unit B311 Maple Ave3BR,1BA$2.15
33 W Naperville Rd1x11BR,1BA$1.94
Elan YorktownA10.11BR,1BA$2.75
Dash Downers GroveA61-DDG1BR,1BA$3.14
Arrive Oak Brook HeightsAdams1BR,1BA$2.30
4925 Fairview Ave1 Bed 1 Bath1BR,1BA$2.26
5118 Fairview Apartments1 Bed 1 Bath1BR,1BA$2.73
Yorktown ApartmentsAbbeyStudio ,1BA$2.71

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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Quick Rent Budget Calculator

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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 #2

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 92 Apartments for Rent in Oakwood, IL with pricing that ranges from $1,190 to $9,143. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $1,350 to $7,200.

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 $1,350 to $7,200 with an average monthly rent of $3,689.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.