Last updated on September 6, 2026

Average rent in
Oakwood, IL

Median rent

Median rent in Oakwood

$750/mo

The average rent in Oakwood is $750 per month as of September 2026. This is 61% below the national average rent, or $1,150 less per month.

$0.98

average price per square foot

Total rentals

Available rentals in Oakwood

20

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Oakwood rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Oakwood, IL

Average rent prices in Oakwood have remained the same over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Oakwood, IL

Rent prices in Oakwood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Oakwood is $775, whereas a house costs $850. 1-bedroom apartments in Oakwood run $800 on average, while 2-bedroom apartments are $875.

Listings

Studio

$665

-

-

1 bedroom

$625

5%

-

2 bedroom

$750

No Change

-

3 bedroom

$895

No Change

-

4 bedroom

$1,150

-

-

Studio

Average rent

$665

1 bedroom

Average rent

$625

Last 30 days

5%

2 bedroom

Average rent

$750

3 bedroom

Average rent

$895

4 bedroom

Average rent

$1,150

The table above reflects average rent prices in Oakwood, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Oakwood, IL compare to other cities?

Compare median rent prices in Oakwood and Attica by all bedroom counts and property types.

Oakwood

Median rent price$750
decreased by61%

lower than the national median

Median rent price$1,329
decreased by30%

lower than the national median

Takeaway

The median rent for all rentals in Oakwood, IL is 44% lower than the median rent in Attica, IN.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Oakwood, IL

Quick answers to common questions about the Oakwood rental market.

How much is rent in Oakwood?

The average rent in Oakwood is $750 per month as of September 5, 2026.

Is rent up or down in Oakwood?

Average rent prices in Oakwood have remained the same over the last month.

How does Oakwood rent compare to the national average?

Rent in Oakwood is 61% below the national average, which means renters are paying approximately $1,150 less per month.

What salary do I need to afford rent in Oakwood?

To comfortably afford rent in Oakwood, you'd need to earn approximately $30,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Attica