Oak Park, IL Rental Market Trends
What is the average rent in Oak Park?
The average rent for an apartment in Oak Park is $1,859, a 4% decrease compared to the previous year, when the average rent was $1,943.
Average Rent in Oak Park, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,859||-4%||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
- > $2,00027%
Oak Park, IL Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
8,784 or 40% of the households in Oak Park, IL are renter-occupied while 12,819 or 59% are owner-occupied.
Oak Park, IL Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Jun / 2021|
How Oak Park Compares to Other Cities
|Average Rent||Y-o-Y Change|