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from $699Studio Apartments Available Now
5445 Ingleside By 3L Living
5445 S Ingleside AveChicago, IL 60615
Cheap Apartments for Rent in the Oakland Neighborhood of Chicago, IL from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakland area of Chicago.
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from $995Studio to 3 Bedroom Apartments Available Now
Lake Meadows Apartments
3233 S KingChicago, IL 60616
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from $1,089Studio to 3 Bedroom Apartments Available Now
Prairie Shores
2937 South King DrChicago, IL 60616
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from $1,1001 to 3 Bedroom Apartments Available Now
Lake Grove Village
3555 S Cottage Grove AveChicago, IL 60653
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,110Studio to 2 Bedroom Apartments Available Now
The Flamingo Apartments
5500 S Shore DrChicago, IL 60637
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from $1,214Studio to 3 Bedroom Apartments Contact Us For Availability
4700 Lake Park Apartments
4700 S Lake Park AveChicago, IL 60615
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from $1,3001 Bedroom Apartment Available Now
4533 S Michigan Ave, Unit 1
4533 S Michigan AveChicago, IL 60653
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $1,310Studio to 2 Bedroom Apartments Available Now
The Sutherland
4659 S Drexel BlvdChicago, IL 60653
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from $1,3502 Bedroom Apartment Available Now
4421 S Prairie Ave, Unit G
4421 S Prairie AveChicago, IL 60653
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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Showing Results 1-17, Page 1 of 1
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 | $1,865 | $699 | $5,265 |
| Oakland 1 Bedroom Apartments | $1,921 | $1,100 | $6,450 |
| Oakland 2 Bedroom Apartments | $2,255 | $1,300 | $10,000+ |
| Oakland 3 Bedroom Apartments | $3,629 | $1,485 | $10,000+ |
| Oakland 4 Bedroom Apartments | $1,356 | $1,255 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 17 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
- Nearby Chicago neighborhoods
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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 $699. Lake Meadows Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. 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 | $699 |
| Lake Meadows Apartments | lakem4-0b1a | Studio,1BA | $995 |
| Prairie Shores | Classic Studio | Studio,1BA | $1,089 |
| Lake Grove Village | 1B | 1BR,1BA | $1,100 |
| 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 May 17, 2025 the best value apartment in the Oakland area is the $1.00 price per square foot 4529 S Vincennes Ave Model at 4529 S Vincennes Ave, Unit 4529 S Vincennes Ave #3 in the in the Armour Square neighborhood starting from $1,500. The second greatest value Oakland apartment is the 4552 S Evans Ave Model at 4552 S Evans Ave, Unit 1 starting at $2,500 with a $1.92 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. |
|---|---|---|---|
| 4529 S Vincennes Ave, Unit 4529 S Vincennes Ave #3 | 4529 S Vincennes Ave | 3BR,2BA | $1.00 |
| 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 |
| 4533 S Michigan Ave, Unit 1 | 4533 S Michigan Ave | 1BR,1BA | $1.53 |
| The Shelby | A2 | 1BR,1BA | $2.86 |
| Prairie Shores | Renovated 1 Bed 1 Bath_620 | 1BR,1BA | $2.84 |
| Lake Grove Village | 1A | 1BR,1BA | $1.78 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio ,1BA | $2.54 |
| Lake Meadows Apartments | lakem9-0b1a | Studio ,1BA | $2.64 |
| 5445 Ingleside By 3L Living | Large Co-Living Single Room | Studio ,1BA | $2.80 |
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 LifestyleOakland, Chicago, IL
Ranked #67
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 $1,310.
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 $2,569.
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 17 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 $127 which is $2,442 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.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.