Cheap Homes for Rent in Oakwood Neighborhood of Westmont, IL from $1,100 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Oakwood area of Westmont.

property at 515 N Cass Ave

515 N Cass Ave

WestmontIL60559

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

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 ListingModel NameBed/BathPriced From
Colonial GardensG2BR,1BA$1,495
10 S Oak - 318 W Naperville- 508 N Cass10 S Oak 1 Bed/1 Bath1BR,1BA$1,500
TGM WillowbrookA21BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Arden of Oak Brook3B3BR,2BA$2.20
HIGHPOINT Downers Grove on Rogers2 Bed 2 Bath2BR,2BA$2.24
HIGHPOINT Clarendon Hills2 Bed 2 Bath + Den2BR,2BA$2.51
5133 Fairview Ave, Unit 35133 Fairview Ave2BR,2BA$1.99
Twin Lake Towers1 Bed1BR,1BA$2.08
Colonial GardensE2BR,1BA$1.89
Arrive Oak Brook HeightsAdams1BR,1BA$2.35
5118 Fairview Apartments4031BR,1BA$2.56
10 S Oak - 318 W Naperville- 508 N Cass10 S Oak 1 Bed/1 Bath1BR,1BA$2.50
5009 Florence Ave, Unit 25009 Florence Ave1BR,1BA$2.42

Quick 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.

decorative image of people with a giant lease agreement

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.