Oak Park, MI Rental Market Trends
The average rent for an apartment in Oak Park is $953, a 4% increase compared to the previous year, when the average rent was $916.
Average Rent in Oak Park, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$953||4%||850 sq. ft.|
The average size for a Oak Park, MI apartment is 850 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, MI Apartment Rent Ranges
Oak Park, MI Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
5,264 or 43% of the households in Oak Park, MI are renter-occupied while 6,824 or 56% are owner-occupied.
Oak Park, MI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Oak Park Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Oak Park rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!