
Cheap Homes for Rent in Oakwood Neighborhood of Westmont, IL from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Westmont.


5125 Blodgett

2211 S Highland Ave
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.

415 Chicago Ave

2201 S Highland Ave

845 E 22nd St
The Art of the Rental Viewing: What to look for during a property tour
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.
Oakwood, Westmont, IL Local Guide

How much does it cost to rent a home in Oakwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood 2 Bedroom Homes for Rent | $2,233 | $1,950 | $2,500 |
Oakwood 3 Bedroom Homes for Rent | $3,785 | $2,600 | $6,500 |
Oakwood 4 Bedroom Homes for Rent | $6,150 | $5,800 | $6,500 |
Oakwood 5 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Westmont, IL.
Explore Westmont
Oakwood, Westmont, IL Local Guide
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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. Twin Lake Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,589. 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 |
Twin Lake Towers | 1 Bed | 1BR,1BA | $1,589 |
10 S Oak - 318 W Naperville- 508 N Cass | 318 W Naperville 2 Bed/1 Bath | 2BR,1BA | $1,600 |
Best Value Apartments for Rent in Oakwood, IL
As of June 19, 2025 the best value apartment in the Oakwood area is the $1.73 price per square foot Berkshire Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,489. The second greatest value Oakwood apartment is the 2 Bed 2 Bath + Den Model at HIGHPOINT Clarendon Hills starting at $3,078 with a $2.51 price per square foot in the Cass Lake Village 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. |
---|---|---|---|
2200 Grace | Berkshire | 3BR,2BA | $1.73 |
HIGHPOINT Clarendon Hills | 2 Bed 2 Bath + Den | 2BR,2BA | $2.51 |
Fairview Station | 2 Beds, 2 Baths | 2BR,2BA | $2.04 |
Arden of Oak Brook | 2B | 2BR,2BA | $2.21 |
240 W Quincy St, Unit D | 240 W Quincy St | 1BR,1BA | $1.72 |
10 S Oak - 318 W Naperville- 508 N Cass | 508 N Cass 2 bed / 1 Bath | 2BR,1BA | $2.31 |
Twin Lake Towers | 1 Bed | 1BR,1BA | $1.99 |
Colonial Gardens | E | 2BR,1BA | $1.89 |
4925 Fairview Ave | 1 Bed 1 Bath | 1BR,1BA | $2.33 |
Yorktown Apartment Homes | Cambridge | 1BR,1BA | $2.64 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 95 Apartments for Rent in Oakwood, IL with pricing that ranges from $1,289 to $7,256. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $1,395 to $6,500.
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 $1,395 to $6,500 with an average monthly rent of $4,336.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.