
Cheap Apartments for Rent in the Oakland Neighborhood of Chicago, IL from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakland area of Chicago.


Lake Meadows Apartments

Lake Grove Village

Prairie Shores

The Flamingo Apartments

4700 Lake Park Apartments

The Sutherland

4421 S Prairie Ave, Unit G
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4455 S. Greenwood Avenue
Chicago's Best Affordable Neighborhoods
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Oakland, Chicago, IL Local Guide

How much does it cost to rent an apartment in Oakland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakland Studio Apartments | $1,823 | $669 | $5,055 |
Oakland 1 Bedroom Apartments | $1,971 | $1,100 | $8,505 |
Oakland 2 Bedroom Apartments | $2,377 | $1,300 | $10,000+ |
Oakland 3 Bedroom Apartments | $3,372 | $1,485 | $10,000+ |
Oakland 4 Bedroom Apartments | $1,356 | $1,255 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Oakland Neighborhood of Chicago, IL.
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Oakland, Chicago, IL Local Guide
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Cheapest Available Oakland Apartments for Rent
 The cheapest available apartment rental in the Oakland area of Chicago, IL is a Studio unit found at 5445 Ingleside By 3L Living priced from $669. Lake Meadows Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Oakland apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
5445 Ingleside By 3L Living | Large Co-Living Single Room | Studio,1BA | $669 |
Lake Meadows Apartments | lakem1-0b1a | Studio,1BA | $1,025 |
Lake Grove Village | 1B | 1BR,1BA | $1,100 |
Prairie Shores | Classic Studio | Studio,1BA | $1,104 |
Mccormick Coliving | Private Bedroom in Shared 4 Bed 3 Bath (D) | 4BR,3BA | $1,108 |
Best Value Apartments for Rent in Oakland, IL
As of April 27, 2025 the best value apartment in the Oakland area is the $1.92 price per square foot 4552 S Evans Ave Model at 4552 S Evans Ave, Unit 1 in the in the Armour Square neighborhood starting from $2,500. The second greatest value Oakland apartment is the 4421 S Prairie Ave Model at 4421 S Prairie Ave, Unit G starting at $1,350 with a $1.35 price per square foot in the Armour Square neighborhood. Here is today’s list of the best values for Oakland apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4552 S Evans Ave, Unit 1 | 4552 S Evans Ave | 3BR,2BA | $1.92 |
4421 S Prairie Ave, Unit G | 4421 S Prairie Ave | 2BR,1BA | $1.35 |
The Shelby | A2 | 1BR,1BA | $2.86 |
Lake Grove Village | 1A | 1BR,1BA | $1.78 |
Regents Park | 0bs03 | Studio ,1BA | $3.25 |
Maple Court | mplc1bCr | 1BR,1BA | $2.81 |
4455 S. Greenwood Avenue | 4455-0bA | Studio ,1BA | $2.54 |
Lake Meadows Apartments | lakem6-0b1b_b | Studio ,1BA | $2.70 |
Prairie Shores | Renovated Studio | Studio ,1BA | $3.22 |
5445 Ingleside By 3L Living | Large Co-Living Single Room | Studio ,1BA | $2.68 |
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Pet Friendly LifestyleOakland, Chicago, IL
Ranked #76
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Oakland Apartments
What is a cheap apartment in Oakland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oakland is under $1,400.
What is the price of a cheap apartment in Oakland?
The cheapest apartment in Oakland is Lake Grove Village which is listed at $1,100, while the average apartment in Oakland costs $2,695.
What types of apartments are the cheapest in Oakland?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in Oakland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Oakland?
Cheap apartments in Oakland have an average cost of $154 which is $2,541 cheaper than the average rent for all rentals in Oakland.
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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