Average Rent in Oak Park, IL

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Current Versus Historical Oak Park, IL Rents

Oak Park rentals average $0 for a 1-bedroom rental to $2,650 for a 3-bedroom rental. The median price of all currently available listings is $1,850, or roughly $2 per square feet.
For the apartment units and housing in March 2024, median rents have risen over the last year. Studio rentals prices have decreased by $81 (-6.46%) year-over-year from $1,256 to $1,175. 1-bedroom rentals prices have increased by $105 (7.30%) year-over-year from $1,441 to $1,546. 2-bedroom rentals prices have increased by $257 (13.46%) year-over-year from $1,906 to $2,163. 3-bedroom rentals prices have increased by $629 (25.72%) year-over-year from $2,446 to $3,075. 4-bedroom rentals prices have decreased by $999 (-24.97%) year-over-year from $3,999 to $3,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 7.96% this month. 1-bedroom rents have gone up by 2.76% this month. 2-bedroom rents have gone up by 8.58% this month. 3-bedroom rents have gone up by 3.07% this month. 4-bedroom rents have gone down by 1.10% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
3 BR $1.52 $3,075 $2,446 (25.72%) $2,649 (16.10%)

Historical Rents in Oak Park, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Oak Park



Let's compare Oak Park, IL's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Oak Park



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Oak Park



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Oak Park

There is one zipcode in or near Oak Park, IL. The average rent for this zipcode is $1,488.

The following chart includes the zipcode in or near Oak Park, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60641, Chicago, IL $1,050 $1,300 $1,649 $1,488

Frequently Asked Questions - Oak Park Average Rents

What is the average rent price in Oak Park, IL?
The average monthly rental price for Oak Park, IL apartments for rent is approximately $1,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Oak Park, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Oak Park, IL.
How much is a studio apartment in Oak Park, IL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Oak Park.
How much is a one bedroom apartment in Oak Park, IL?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Oak Park.
How much is a two bedroom apartment in Oak Park, IL?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in Oak Park.
How have rent prices in Oak Park, IL changed this year?
Rent prices for rentals in Oak Park, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.06%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.13%, and three bedroom rental prices have changed by 0.26% year-over-year.
What is a reasonable rent price in Oak Park, IL?
A reasonable rent price in Oak Park, IL is around $1,480/month. You can search for these reasonably priced rental listings on RentHop.
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