Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Oak Park, IL Rental Market Trends
What is the average rent in Oak Park?
The average rent for an apartment in Oak Park is $2,075. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Oak Park, IL
Last updated June 2022
| Average Rent | Average Apartment Size |
|---|---|
| $2,075 | 840 sq. ft. |
What is the average apartment size in Oak Park?
The average size for a Oak Park, IL apartment is 840 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Oak Park, IL Apartment Rent Ranges
Oak Park, IL Occupied Housing Units
8,927 or 41% of the households in Oak Park, IL are renter-occupied while 12,774 or 58% are owner-occupied.
Oak Park, IL Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Jun / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Oak Park, IL | $1,841 | $1,874 | $1,881 | $1,943 | $1,925 | $1,880 | $1,859 | $1,871 | $2,057 | $2,075 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Oak Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Chicago | $2,080 |
| Evanston | $2,148 |
| Oak Park | $2,075 |
| Aurora | $1,585 |
| Skokie | $1,765 |
| Naperville | $1,744 |
| Riverdale | $902 |
| Waukegan | $1,095 |
| Dekalb | $959 |
| Elgin | $1,407 |
| Des Plaines | $1,543 |
| Forest Park | $1,110 |
| Schaumburg | $1,608 |
| Arlington Heights | $1,617 |
| Justice | $1,192 |
| Westmont | $1,513 |
| Bolingbrook | $1,581 |
| Downers Grove | $1,696 |
| Elmhurst | $1,797 |
| Melrose Park | $869 |
| Villa Park | $1,703 |
Most Popular Apartments in Oak Park
302-312 Washington Blvd. & 337-345 S. Cuyler Ave.
302-312 Washington Blvd., Oak Park, IL 60302- Studio
- 1 BED
- $1,015
- $1,199
710-712 N. Austin Blvd. Oak Park, IL 60302
710-712 N. Austin Blvd, Oak Park, IL 60302- Studio
- 1 BED
- 2 BEDS
- Ask for pricing
- $1,085
- Ask for pricing
218-228 Pleasant St. & 134-140 S. Harvey Ave.
218-228 Pleasant St., Oak Park, IL 60302- 1 BED
- 2 BEDS
- $1,295
- $1,699
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Oak Park apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.