Apartments for Rent in Oakbrook Terrace, IL

Prices and availability in Oakbrook Terrace, IL were last updated on 15 Jul 2026.

The best apartments in Oakbrook Terrace, IL are: Arden of Oak Brook, Regency Place, Versailles on the Lakes Oakbrook*, Versailles on the Lakes North and Versailles on the Lakes Oakbrook.

The average rent in Oakbrook Terrace, IL is $2,024.

The price range for a studio apartment in Oakbrook Terrace, IL is between $1,638 and $2,332.

The price range for a 1-bedroom apartment in Oakbrook Terrace, IL is between $1,881 and $3,123.

The price range for a 2-bedroom apartment in Oakbrook Terrace, IL is between $2,366 and $4,472.

The price range for a 3-bedroom apartment in Oakbrook Terrace, IL is between $2,200 and $5,443.

In Oakbrook Terrace, 75% of the residents are renting compared to 25% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 50% of Oakbrook Terrace's rentals, 43% are small-scale complexes with under 50 units, and 8% are single-family rentals.

The average age of rental buildings in Oakbrook Terrace is 39 years old, with 39% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 94% are garden-style apartment communities, 6% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Oakbrook Terrace are around 6% of rentals, while 1-bedroom floor plans represent 40% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.