Average Rent in Oak Park, IL

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Current Versus Historical Oak Park, IL Rents

Oak Park rentals average $1,300 for a studio rental to $3,900 for a 4-bedroom rental. The median price of all currently available listings is $2,350, or roughly $26 per square feet.
For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $691 (-34.69%) year-over-year from $1,991 to $1,300. 1-bedroom rentals prices have decreased by $261 (-12.97%) year-over-year from $2,011 to $1,750. 2-bedroom rentals prices have increased by $123 (5.04%) year-over-year from $2,449 to $2,573. 3-bedroom rentals prices have increased by $188 (6.93%) year-over-year from $2,708 to $2,895. 4-bedroom rentals prices have decreased by $1,100 (-22.00%) year-over-year from $5,000 to $3,900. 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 down by 7.03% this month. 1-bedroom rents have gone up by 8.53% this month. 2-bedroom rents have gone up by 16.98% this month. 3-bedroom rents have gone down by 8.05% this month. 4-bedroom rents have gone down by 1.27% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $62.40 $1,300 $1,991 (-34.69%) $1,108 (17.38%)
1 BR $28.19 $1,750 $2,011 (-12.97%) $1,362 (28.52%)
2 BR $25.85 $2,573 $2,449 (5.04%) $1,893 (35.93%)
3 BR $25.80 $2,895 $2,708 (6.93%) $2,444 (18.45%)
4+ BR N/A $3,900 $5,000 (-22.00%) $4,072 (-4.23%)

Historical Rents in Oak Park, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Oak Park

There are a total of 3 cities nearby Oak Park. The average rent in Oak Park is currently $1,295 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Berwyn, IL, with an average rent of $1,250, is the most affordable city nearby. In contrast, the most expensive city near Oak Park, IL is Oak Park, IL. Monthly rents here are on average $2,350 per month.

Let's compare Oak Park, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Oak Park, IL is 21.35% more expensive than other cities nearby. One bedrooms are about 31.43% more expensive. Two bedrooms in Oak Park, IL are about 31.37% more expensive. Finally, rent for three bedrooms are about 24.01% more expensive. Want more information? Check out the top 3 cities near Oak Park, IL in the following table.
City Studio 1 Bed 2 Bed All
Berwyn, IL $1,023 $1,200 $1,750 $1,250
Cicero, IL $895 $1,093 $1,675 $1,295
Oak Park, IL $1,300 $1,750 $2,550 $2,350

Top Neighborhoods Near Oak Park

There are a total of 1 neighborhoods in or near Oak Park. One neighborhood in the area is Austin. We've included all of these top 1 neighborhoods in or near Oak Park, IL in the following table.

The average rent for these 1 neighborhoods in or near Oak Park, IL is currently around $1,800 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Oak Park's average rent, which is actually $2,350. Out of all the neighborhoods in or near Oak Park, Austin has the most affordable average rent at $1,800 per month. Whereas, at $1,800 average rent per month, Austin is the most expensive neighborhood in or near Oak Park. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Austin, Chicago, IL $1,200 $1,025 $1,800 $1,800

Top Counties Near Oak Park

There are a total of 3 counties located by Oak Park, IL. Some of these counties include Berwyn, IL, Cicero, IL, and Oak Park, IL. The average rent for rentals in these counties is $1,295. That's roughly around $25 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,250. Vice versa, with an average rent of $2,350, Oak Park, IL is the most expensive county by Oak Park, IL.

Typically, rent for studios in Oak Park, IL is 21.35% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Oak Park, IL is 31.43% more expensive than other counties nearby. Finally, rent for two bedrooms in Oak Park, IL is 31.37% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Berwyn, IL $1,023 $1,200 $1,750 $1,250
Cicero, IL $895 $1,093 $1,675 $1,295
Oak Park, IL $1,300 $1,750 $2,550 $2,350

Top Zipcodes Near Oak Park

There are a total of 4 zipcodes in or near Oak Park, IL. The average rent for all of these zipcodes is $1,510. A total of 4 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60402, Berwyn, IL at $1,250 per month. In comparison, the zipcode with the most expensive average rent of $1,863 per month is 60641, Chicago, IL.

Studios in these zipcodes have an average rent of $1,098. That's at least $29 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Oak Park, IL is $1,225 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,745 per month. Which comes out to $22 per sqft. The following table includes the top 4 zipcodes in Oak Park, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60639, Chicago, IL $1,550 $1,250 $1,800 $1,725
60804, Cicero, IL $895 $1,093 $1,675 $1,295
60402, Berwyn, IL $1,023 $1,200 $1,700 $1,250
60641, Chicago, IL $1,173 $1,370 $1,790 $1,863

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 $2,350. 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 $1,300 and an average price per square feet of $62.40. There are a total of 3 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 $1,750 and an average price per square feet of $28.19. There are a total of 17 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 $2,550 and an average price per square feet of $25.85. There are a total of 23 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 -0.35%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by 0.05%, three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Oak Park, IL?
A reasonable rent price in Oak Park, IL is around $1,880/month. You can search for these reasonably priced rental listings on RentHop.
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