Cheap Homes for Rent in Downtown Oak Lawn Neighborhood of Oak Lawn, IL from $1,600 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Oak Lawn area of Oak Lawn.

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.

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

Downtown Oak Lawn, Oak Lawn, IL Local Guide

Best Value Apartments for Rent in Downtown Oak Lawn, IL

As of April 24, 2025 the best value apartment in the Downtown Oak Lawn area is the $2.03 price per square foot Unit 5 Model at 9517-9521 Minnick Ave in the in the Mount Greenwood neighborhood starting from $1,800. The second greatest value Downtown Oak Lawn apartment is the 1 Bed /1 Bath Model at 9625-9633 Ridgeland Ave starting at $1,250 with a $1.79 price per square foot in the Lake Katherine neighborhood. Here is today’s list of the best values for Downtown Oak Lawn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9517-9521 Minnick AveUnit 52BR,2BA$2.03
9625-9633 Ridgeland Ave1 Bed /1 Bath1BR,1BA$1.79

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Frequently Asked Questions about Downtown Oak Lawn

What type of rentals are currently available in Downtown Oak Lawn?

There are currently 58 Apartments for Rent in Downtown Oak Lawn, IL with pricing that ranges from $1,100 to $1,800. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oak Lawn ranging from $1,600 to $3,250.

What is the current price range for Rental Homes in Downtown Oak Lawn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Oak Lawn ranges from $1,600 to $3,250 with an average monthly rent of $2,264.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.