
Cheap Homes for Rent in Oakwood Neighborhood of Westmont, IL from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Westmont.


140 Ann St

427 Burlington Ave

545 Burlington Ave, Unit 205

508 N Cass Ave

515 N Cass Ave

3810 Liberty Blvd
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
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 | $2,756 | $1,850 | $3,350 |
Oakwood 3 Bedroom Homes for Rent | $3,456 | $2,600 | $4,800 |
Oakwood 4 Bedroom Homes for Rent | $3,250 | $2,700 | $3,800 |
Oakwood 5 Bedroom Homes for Rent | $8,100 | $5,700 | $10,000+ |
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.
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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. 10 S Oak - 318 W Naperville- 508 N Cass has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. 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 |
10 S Oak - 318 W Naperville- 508 N Cass | 10 S Oak 1 Bed/1 Bath | 1BR,1BA | $1,500 |
TGM Willowbrook | A2 | 1BR,1BA | $1,599 |
Best Value Apartments for Rent in Oakwood, IL
As of April 11, 2025 the best value apartment in the Oakwood area is the $2.20 price per square foot 3B Model at Arden of Oak Brook in the in the Highland Hills neighborhood starting from $3,350. The second greatest value Oakwood apartment is the 2 Bed 2 Bath Model at HIGHPOINT Downers Grove on Rogers starting at $2,830 with a $2.24 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. |
---|---|---|---|
Arden of Oak Brook | 3B | 3BR,2BA | $2.20 |
HIGHPOINT Downers Grove on Rogers | 2 Bed 2 Bath | 2BR,2BA | $2.24 |
HIGHPOINT Clarendon Hills | 2 Bed 2 Bath + Den | 2BR,2BA | $2.51 |
5133 Fairview Ave, Unit 3 | 5133 Fairview Ave | 2BR,2BA | $1.99 |
Twin Lake Towers | 1 Bed | 1BR,1BA | $2.08 |
Colonial Gardens | E | 2BR,1BA | $1.89 |
Arrive Oak Brook Heights | Adams | 1BR,1BA | $2.35 |
5118 Fairview Apartments | 403 | 1BR,1BA | $2.56 |
10 S Oak - 318 W Naperville- 508 N Cass | 10 S Oak 1 Bed/1 Bath | 1BR,1BA | $2.50 |
5009 Florence Ave, Unit 2 | 5009 Florence Ave | 1BR,1BA | $2.42 |
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Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 99 Apartments for Rent in Oakwood, IL with pricing that ranges from $1,289 to $6,492. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $1,190 to $10,500.
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 $1,190 to $10,500 with an average monthly rent of $3,795.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.