Apartments for Rent in Oak Park, IL - 53 Rentals available
Renter's Guide to Oak Park
Your new home in Oak Park, Illinois awaits! It's a great little village, with a thriving downtown but plenty of small town charm, close enough to Chicago to benefit from it's big city amenities – but far enough away to maintain its own laid-back feel.
Chicago Magazine ranked Oak Park as one of 20 Best Towns and Neighborhoods in Chicago and the Suburbs. CNN Money.com ranked it the Best Place in the Midwest for the Rich and Single. And it's even one of the Top 5 Sexiest Suburbs in the US, according to The View.
The weather in Oak Park fluctuates from warms summers to frigid winters. During the hotter months, temperatures average in the low to mid 80s, often with fairly high humidity to go with it. Average winter temperatures can drop all the way into the teens at night, with wind chills that make it feel even colder.
The city receives around 36 inches of rain per year, along with another 39 inches of snowfall.
Oak Park, IL Demographics
- Total Population52,059
Female 24,144Male 27,915
- Median Age38.32
Cost of Living in Oak Park, IL
Oak Park was voted the 3rd Best Neighborhood in the US by American Planning Association
The cost of living here is a little lower than in Chicago. Dinner for two costs around $60 at a mid-range Italian restaurant, like Cucina Paradiso, while a glass of wine with your meal will be about $9.
Basic utility services for a 915 square-foot apartment in the Chicago area average $125/month.
Bus and rail service in Oak Park is provided by the Chicago Transit Authority, with monthly passes starting at $100. Ride sharing is big in the area via Uber or Lyft, or there's always the option of 24-hour taxi service.
Chicago is rated the 12th worst city in the US for traffic. But many people rely on public transportation, which thrives in and around the city and extends to Oak Park.
Oak Park, IL Average Rent
- Oak Park, IL Average Rental Price, February, 2017$1,707/mo
- 1 Bedroom$1,524
- 2 Bedrooms$2,320
Oak Park, IL Apartment Rent Ranges
- > $2,00035%
Oak Park, IL Rent Trends
|All Rentals||Studio||1 Bed||2 Beds||3 Beds|
|May / 2016||$1,718||$1,117||$1,616||$2,319|
|Jan / 2016||$1,727||$1,016||$1,539||$2,195|
|Sept / 2015||$1,693||$1,135||$1,641||$2,200|
|May / 2015||$1,603||$1,181||$1,574||$2,275|
|Jan / 2015||$1,510||$1,093||$1,404||$2,077|
|Sept / 2014||$1,554||$1,179||$1,405||$2,190|
|May / 2014||$1,647||$1,101||$1,430||$2,215|
|Jan / 2014||$1,380||$990||$1,269||$2,035|
Average rent is projected to grow by 3% in 2016 compared to 2015.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 603016030260304
Living in Oak Park, IL
Oak Park is a beautiful suburb of Chicago. Experience the ambiance of craft brews and local attractions in this charming village. Or hop on the local rail and be in downtown Chicago within half an hour. With plenty of places to shop, dine and eat, this safe and friendly community is a great area to settle down in.
Chicago is also filled with countless things to do and plenty of sports teams to cheer for, including the Chicago Bears of the NFL, the Chicago Cubs and the Chicago White Sox of the MLB, the NBA’s Chicago Bulls, and the NHL’s Chicago Blackhawks.
Living in Oak Park does have its drawbacks though. For starters, many commuters rely on public transportation, which can be challenging during the winter. And that's because winters get brutally cold, windy, and snowy. Oak Park also has a fairly high sales tax, at 9.25%.
Things to do in Oak Park
Oak Park boasts 16 parks, including two swimming pools and an indoor skating rink. For starters, Andersen Park is over 100 years old and is equipped with a Splash Pad, walking trails, a playground, and more. Nearby Rehm Park is one of the places you'll find a pool, as well as tennis courts, playgrounds, and chess tables.
One of the premier attractions in Oak Park is the Frank Lloyd Wright Home and Studio. This house, which Wright designed, is now a museum dedicated to the world-renowned architect. It's the perfect place to visit for admirers or culture buffs.
The city's downtown area is filled with an array of boutique stores, unique and tasty restaurants and coffee shops, as well as thriving businesses. Events include Oak-Toberfest, which features live music, food, family fun, and more. And the Jazz Thaw in the spring happily puts snow in the past, while showcasing the best jazz musicians in Chicago.
Speaking of Chicago, its been named the Best Sports City by Sporting News, and there's a reason for that. Some of the biggest and best teams play here, from the MLB to the NFL. And college fans will find seven NCAA Division 1 teams in the area.
Chicago also has some great places to take the family or to enjoy a night out, like the Lincoln Park Zoo, Shedd Aquarium, and Navy Pier, as well as any number of theaters, with shows that rival Broadway. Countless major events take place in Chicago too, like Lollapalooza.
Or just stroll along the streets of downtown Oak Park and enjoy the ambiance of this quiet village, just outside the bustling city.
Employment and Economy
While there isn't one specific industry that Oak Park is famous for, Chicago is another story – and it's just a short train ride away. In fact, Chicago's home to nearly forty Fortune 500 companies, including State Farm Insurance, Caterpillar, and Boeing.
But Oak Park's unemployment rate is actually lower, meaning there are still plenty of opportunities around.
Oak Park, IL Households
- Total Number of Households23,095
Family 13,131Non-family 9,963
Children 7,258No Children 15,838
- Average People Per Household2.11
- Median Household Income$69,691
- Median Household Disposable Income$42,212
Oak Park, IL Crime Rate and Statistics
|Below Average||100||Above Average|
Education in Oak Park
Oak Park was rated #22 among the top educated cities in the US by NerdWallet. And US News and World Report ranked Oak Park and River Forest High School #36 in the state of Illinois and within the top thousand in the country.
Oak Park, IL Education Statistics
- No High School2%
- Some HighSchool3%
- Some College17%
- Associate Degree6%
- Bachelor Degree35%
- Graduate Degree37%
Tips for Renting in Oak Park
Ready to make the move to Oak Park? We don't blame you. But first, let's go over some of the city's specific tenant laws.
Rent can be increased during the lease period, but only if it's already written into the lease agreement. Make sure to read yours carefully before signing. All lease agreements must be written out, since oral agreements aren't legally binding here. These agreements will vary from apartment to apartment. For instance, basic utilities may not be included, and even hallway lights may be your responsibility. That's why it's so important to read before you sign.
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