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 Mar 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 | Mar / 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% |
| Riverdale | $775 | 4% |
| Evanston | $1,880 | 1% |
| Skokie | $1,530 | -1% |
| Riverdale Town | $775 | 4% |
| Oak Park | $1,854 | 4% |
| Calumet City | $865 | n/a |
| Lansing | $933 | n/a |
| Matteson | $1,787 | 2% |
For more information about the Oak Park rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- 130-142 N. Humphrey Ave.
- 425-431 N. Humphrey Ave.
- 432-438 N. Austin Blvd.
- 710-712 N. Austin Blvd. Oak Park, IL 60302
- 126-132 N. Elmwood Ave. & 418-426 Lake St.
- 804 Harrison St.
- 1530-1532 N. Austin Blvd.
- 730-734 Carpenter Ave.
- 165 S. Oak Park Ave.
- 1151-53 S. Oak Park Ave. & 803-809 Fillmore St.
- 8-12 Van Buren St. and 336-350 S. Austin Blvd.
- 638-642 Harrison St.
- 101-111 S. Harvey Ave. & 237-249 South Blvd.
- 100-112 S. Harvey Ave. & 223-227 South Blvd.
- 902-910 N. Austin Blvd. & 4-10 Iowa St.
- 814-820 S. Austin Blvd.
- 401-403 Washington Blvd.
- 504-508 S. Cuyler Ave.
- 618-632 S. Austin Blvd.
- 511-521 S. Cuyler Ave.
Mid-priced Listings on RENTCafé
Most Expensive Listings on RENTCafé
- 347-357 S. Harvey Ave & 238-250 Washington Blvd.
- 302-312 Washington Blvd. & 337-345 S. Cuyler Ave.
- 1158-1164.5 S. Oak Park Ave.
- 218-228 Pleasant St. & 134-140 S. Harvey Ave.
- 921-923 Garfield
- 633 S. Maple Ave.
- 631 S. Maple Ave.
- 111 Garfield St
- 1116 Washington Blvd / reVerb Oak Park
- 1348-1352 N. Austin Blvd. & 7-9 Greenfield St.
- 1412-1414 N. Austin Blvd.
- 229 Harrison St.
- 225 Harrison St.
- 113-117 South Blvd.
- 1026-1028 Washington Blvd.
- 901-927 Wesley Ave. & 705-711 Garfield St.
- 922-924 Ontario St.
- 408-416 N. Taylor Ave.
- 305-315 S. Oak Park Ave. & 803-805 Randolph St.
- 409-411 S. Taylor Ave. & 101-103 Washington Blvd.
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.