Bedroom count
Property type
Last updated on June 7, 2026
Average rent in
Oakwood, IL
Average rent in
Last updated on June 7, 2026
Bedroom count
Property type
Median rent
Median rent in Oakwood
$885/mo
18%vs previous year
The average rent in Oakwood is $885 per month as of June 2026. This is 55% below the national average rent, or $1,065 less per month.
average price per square foot
Total rentals
Available rentals in Oakwood
13
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Oakwood rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Oakwood, IL, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Oakwood, IL
Average rent prices in Oakwood have remained the same over the last month and have increased by 18% since last year.
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 $735, whereas a house costs $835. 1-bedroom apartments in Oakwood run $735 on average, while 2-bedroom apartments are $875.
Listings | ||||
|---|---|---|---|---|
Studio | $475 | - | - | |
1 bedroom | $735 |  5% | 2% | |
2 bedroom | $875 | No Change | 7% | |
3 bedroom | $1,125 | No Change | - | |
4 bedroom | $1,195 | - | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Oakwood, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $735 | 12% | No Change | |
Houses | $835 | No Change | No Change |
Studio
Average rent
$475
1 bedroom
Average rent
$735
Last 30 days
5%
Last year
2%
2 bedroom
Average rent
$875
Last year
7%
3 bedroom
Average rent
$1,125
4 bedroom
Average rent
$1,195
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Oakwood, IL.
Apartments
Average rent
$735
Last 30 days
12%
Houses
Average rent
$835
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
55%lower than the national median
13%lower than the national median
Takeaway
The median rent for all rentals in Oakwood, IL is 48% lower than the median rent in Attica, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
Stay up to date with rental market insights
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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 $885 per month as of June 6, 2026.
Is rent up or down in Oakwood?
Average rent prices in Oakwood have remained the same over the last month and have increased by 18% since last year.
How does Oakwood rent compare to the national average?
Rent in Oakwood is 55% below the national average, which means renters are paying approximately $1,065 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 $35,000/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).