What is the average apartment size in Oakbrook Terrace?

The average size for a Oakbrook Terrace, IL apartment is 945 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.

What is the average rent in Oakbrook Terrace?

As of Sep / 2025, the average rent in Oakbrook Terrace is $2,279 per month, a 1.65% increase from last year’s average of $2,242.

What is the average apartment size in Oakbrook Terrace?

The typical apartment in Oakbrook Terrace offers about 945 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Oakbrook Terrace, IL Rental Market Trends

Q: What's the typical rent budget in Oakbrook Terrace?

The typical rent budget in Oakbrook Terrace ranges from $2,001 to $2,500 per month, with 58% of rentals in this range.

Q: Do most people rent or own in Oakbrook Terrace?

In Oakbrook Terrace, 74% of households rent while 26% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Oakbrook Terrace is $2,279, a 1.65% increase compared to the previous year, when the average rent was $2,242.

One-bedroom apartments provide 835 square feet for $2,094, balancing privacy and affordability.

Two-beedroom units at $2,418 offer 1,035 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,328 sq ft) for $2,917, suitable for larger households.

Average rent in Oakbrook Terrace, IL

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$2,279	945 sq. ft.
Studio	n/a	n/a
1 Bed	$2,094	835 sq. ft.
2 Beds	$2,418	1,035 sq. ft.
3 Beds	$2,917	1,328 sq. ft.

Oakbrook Terrace, IL rent trends

Rental prices in Oakbrook Terrace, IL have increased by 1.65% over the past year. The average rent moved from $2,242 to $2,279.

What's the typical rent budget in Oakbrook Terrace, IL?

The largest share of rentals in Oakbrook Terrace, IL (58%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Oakbrook Terrace, IL?

978 or 74% of the households in Oakbrook Terrace, IL are renter-occupied while 342 or 26% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Oakbrook Terrace Compares to Other Cities

City	Average Rent
Oakbrook Terrace	$2,279
Skokie	$2,041
Naperville	$2,057
Chicago	$2,461
Aurora	$1,856
Evanston	$2,577
Oak Park	$2,176
Rockford	$1,260
Lombard, IL	$1,986
Lisle, IL	$1,854
Willowbrook, IL	$1,964
Roselle, IL	$1,943
La Grange, IL	$2,070
Clarendon Hills, IL	$1,693
Downers Grove, IL	$2,029
Warrenville, IL	$2,276
Carol Stream, IL	$1,638

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Oakbrook Terrace apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.