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Studio Apartments for Rent in Oak Park, IL - 53 Rentals available

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  • Apartment

    5501 W Washington Blvd, Chicago, IL 60644
    $631 - $1,015
    • Studio
    • 1 Bath
    Pangea Real Estate
    Available Today! Last updated 5 Jun 2020
    (312) 724-7007
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Oak Park, IL Demographics

  • Total Population52,225
  • Female 24,576
    Male 27,649
  • Median Age39.7

Average Rent in Oak Park, IL

  • Oak Park, IL Average Rental Price, May 2020 $1,943 /mo

Oak Park, IL Apartment Rent Ranges

  • $701-$1,0001%
  • $1,001-$1,50024%
  • $1,501-$2,00032%
  • > $2,00042%

Oak Park, IL Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 May / 2020
Oak Park, IL $1,764 $1,780 $1,781 $1,889 $1,884 $1,854 $1,841 $1,874 $1,881 $1,943
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Check out the average rent prices in Oak Park by neighborhood.

Oak Park, IL Households

  • Total Number of Households21,684
  • Family 12,753
    Non-family 8,931
  • Children 6,968
    No Children 14,716
  • Average People Per Household2.38
  • Median Household Income$91,945
  • Median Housing Costs Per Month$1,611

Oak Park, IL Education Statistics

  • No High School1%
  • Some High School13%
  • Some College16%
  • Associate Degree5%
  • Bachelor Degree30%
  • Graduate Degree36%

Renting a studio apartment in Oak Park, IL

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Oak Park, IL is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 24 listings with a total of 52 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Country Club Hills is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. The Oak Park, IL average rent is currently at $1,088, but a single-bedroom apartment in Oak Park, IL can be yours for as low as $739 per month. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Oak Park, IL with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Oak Park, IL costs a monthly $2,975.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!