Oak Park, IL Rental Market Trends
Highlights
The average rent for an apartment in Oak Park is $1,854, a 4% increase compared to the previous year, when the average rent was $1,781.
Average Rent in Oak Park, IL
Last updated Jun 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,854 | 4% | 760 sq. ft. |
The average size for a Oak Park, IL apartment is 760 square feet, but this number varies greatly depending on apartment type. 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
- $701-$1,0004%
- $1,001-$1,50023%
- $1,501-$2,00037%
- > $2,00036%
Oak Park, IL Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Jun / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Oak Park, IL | $1,877 | $1,849 | $1,751 | $1,764 | $1,780 | $1,781 | $1,889 | $1,884 | $1,854 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
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How Does Oak Park Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,893 | 5% |
| Oak Park | $1,854 | 4% |
| Evanston | $1,880 | 1% |
| Skokie | $1,530 | -1% |
| Matteson | $1,787 | 2% |
| Arlington Heights | $1,443 | 1% |
| Calumet City | $865 | n/a |
| Forest Park | $850 | -12% |
| Hazel Crest | $922 | 4% |
| Richton Park | $1,091 | 14% |
For more information about the Oak Park rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- 173-181 N. Grove Ave.
- 511-521 S. Cuyler Ave.
- 432-438 N. Austin Blvd.
- 730-734 Carpenter Ave.
- 1412-1414 N. Austin Blvd.
- 1530-1532 N. Austin Blvd.
- 804 Harrison St.
- 504-508 S. Cuyler Ave.
- 130-142 N. Humphrey Ave.
- 618-632 S. Austin Blvd.
- 126-132 N. Elmwood Ave. & 418-426 Lake St.
- 302-312 Washington Blvd. & 337-345 S. Cuyler Ave.
- 8-12 Van Buren St. and 336-350 S. Austin Blvd.
- 814-820 S. Austin Blvd.
- 425-431 N. Humphrey Ave.
- 902-910 N. Austin Blvd. & 4-10 Iowa St.
- 405-407 Washington Blvd.
- 100-112 S. Harvey Ave. & 223-227 South Blvd.
- 415-425 S. Taylor Ave.
- 326-334 S. Austin Blvd.
Mid-priced Listings on RENTCafé
Most Expensive Listings on RENTCafé
- 101-111 S. Harvey Ave. & 237-249 South Blvd.
- 347-357 S. Harvey Ave & 238-250 Washington Blvd.
- 127-33 S. Harvey
- 921-923 Garfield
- 638-642 Harrison St.
- 901-927 Wesley Ave. & 705-711 Garfield St.
- 218-228 Pleasant St. & 134-140 S. Harvey Ave.
- 1116 Washington Blvd / reVerb Oak Park
- 421 S. Lombard Ave.
- 710-712 N. Austin Blvd. Oak Park, IL 60302
- 229 Harrison St.
- 225 Harrison St.
- 1026-1028 Washington Blvd.
- 262-264 S. Marion St. & 1036-1038 Randolph St.
- 922-924 Ontario St.
- 102-04 Washington Blvd./ 339-41 S. Taylor Ave.
- 409-411 S. Taylor Ave. & 101-103 Washington Blvd.
- 252 Washington Blvd.
- 901 Ontario Apartments
- 305-315 S. Oak Park Ave. & 803-805 Randolph St.
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.