
Cheap Homes for Rent in the Oakwood Neighborhood of Westmont, IL from $1,850 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Westmont.


Furnished Studio-Chicago - Westmont - Oak Brook

5142 Fairview Ave, Unit 8
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515 N Cass Ave

Furnished Studio-Chicago - Lombard - Oak Brook

318 W Ogden Ave
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4115 N Washington St
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 | $2,400 | $2,400 | $2,400 |
| Oakwood 3 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
| Oakwood 4 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 Studio unit found at King Arthur Apartments priced from $1,125. The Haven at Highland ( Lombard ) has the second lowest priced unit, which is a Studio apartment currently listed from $1,375. Here are the most affordable Oakwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| King Arthur Apartments | Studio | Studio,1BA | $1,125 |
| The Haven at Highland ( Lombard ) | The Retreat | Studio,1BA | $1,375 |
| Forest Hill Apartments | 1 Bed 1 Bath - sold out | 1BR,1BA | $1,389 |
Best Value Apartments for Rent in Oakwood, IL
As of September 06, 2026 the best value apartment in the Oakwood area is the $1.59 price per square foot C1 Model at 2200 Grace in the in the Highland Hills neighborhood starting from $2,290. The second greatest value Oakwood apartment is the 749 56th Pl Model at 749 56th Pl, Unit 1 starting at $2,450 with a $1.75 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. |
|---|---|---|---|
| 2200 Grace | C1 | 3BR,2BA | $1.59 |
| 749 56th Pl, Unit 1 | 749 56th Pl | 3BR,1BA | $1.75 |
| 640 56th Pl, Unit GARDEN | 640 56th Pl | 3BR,1BA | $1.75 |
| The Clarendon Apartment Homes | The Griffin | 2BR,2BA | $1.95 |
| 16W671 56th St, Unit Garden unit | 16W671 56th St | 2BR,1BA | $2.00 |
| 924 Warren Ave, Unit 1 | 924 Warren Ave | 1BR,1BA | $1.55 |
| 10 Oak Ave | 2 bed 1.5 bath | 2BR,1.5BA | $2.25 |
| Arrive Oak Brook Heights | Adams | 1BR,1BA | $2.30 |
| Forest Hill Apartments | 1 Bed 1 Bath - sold out | 1BR,1BA | $1.85 |
| 4913 Prospect Ave, Unit #2 | 4913 Prospect Ave | 1BR,1BA | $2.21 |
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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Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleOakwood, Westmont, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 46 Apartments for Rent in Oakwood, IL with pricing that ranges from $1,125 to $8,922. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $1,850 to $3,850.
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 $1,850 to $3,850 with an average monthly rent of $2,750.
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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