Apartments for Rent in Oakbrook Terrace, IL

Prices and availability in Oakbrook Terrace, IL were last updated on 24 Oct 2026.

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

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

The price range for a studio apartment in Oakbrook Terrace, IL is between $1,587 and $3,918.

The price range for a 1-bedroom apartment in Oakbrook Terrace, IL is between $1,857 and $3,048.

The price range for a 2-bedroom apartment in Oakbrook Terrace, IL is between $2,110 and $4,737.

The price range for a 3-bedroom apartment in Oakbrook Terrace, IL is between $2,255 and $4,737.

In Oakbrook Terrace 75% of the housing is rented out compared to 25% of homes are owned, according to the most recent Census Bureau estimates. 50% of Oakbrook Terrace's apartments are found in large buildings of 50 units or more, 43% are located in smaller apartment complexes with less than 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.