Oak Park, MI Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Oak Park is $1,247, a 1.62% increase compared to the previous year, when the average rent was $1,227.
Studio Apartments at $811 offer the most budget-friendly option with 438 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 682 square feet for $969, balancing privacy and affordability.
Two-beedroom units at $1,395 offer 939 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,280 sq ft) for $1,727, suitable for larger households.
Average rent in Oak Park, MI
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,247 | 850 sq. ft. |
| Studio | $811 | 438 sq. ft. |
| 1 Bed | $969 | 682 sq. ft. |
| 2 Beds | $1,395 | 939 sq. ft. |
| 3 Beds | $1,727 | 1,280 sq. ft. |
Oak Park, MI rent trends
Rental prices in Oak Park, MI have increased by 1.62% over the past year. The average rent moved from $1,227 to $1,247.
What's the typical rent budget in Oak Park, MI?
The largest share of rentals in Oak Park, MI (56%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Oak Park, MI?
5,178 or 41% of the households in Oak Park, MI are renter-occupied while 7,544 or 59% are owner-occupied.
How Oak Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Oak Park | $1,247 |
| Detroit | $1,316 |
| Ann Arbor | $2,010 |
| Grand Rapids | $1,564 |
| Lansing | $1,229 |
| East Lansing | $1,751 |
| Kalamazoo | $1,322 |
| Southfield | $1,384 |
| Ypsilanti | $1,271 |
| Farmington Hills | $1,473 |
| Westland | $1,164 |
| Troy | $1,563 |
| Sterling Heights, MI | $1,258 |
| Pontiac | $1,199 |
| Novi, MI | $1,672 |
| Royal Oak, MI | $1,501 |
| Warren, MI | $1,113 |
| Livonia, MI | $1,431 |
| Auburn Hills, MI | $1,571 |
| Ferndale, MI | $2,155 |
| Rochester Hills, MI | $1,693 |
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 Oak Park 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.