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Average Rent in Oak Park, IL

5 apartment buildings, 51 units. Daily asking prices with rent history for every building.

Browse apartments in Oak Park, IL

Avg Rent

$2,382/mo

median $2,305

market average

Cheapest

$1,375/mo

Oak Park Apartments

Properties

5

tracked daily

Units

51

available now

Oak Park, IL Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 5 properties in Oak Park, IL.

Timeframe

Average rent trend

All bedroom types, citywide. Choose a window above to scope the view.

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Full Oak Park, IL price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Oak Park, IL Rent Prices

All 5 properties ranked by lowest available rent.

Rent & Price History by Building

Compare apartment listings by price, bedrooms, and neighborhood.

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By Area

Oak Park, IL neighborhoods

Tracked buildings across 2 named neighborhoods. Pick one to see its apartments.

Oak Park, IL Average Rent Prices 2026

The average rent in Oak Park, IL is $2,382 per month, based on 51 units across 5 apartment communities. Prices range from $1,375 at Oak Park Apartments to $3,639 at ReNew Oak Park.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,992/mo $1,375/mo 17
1 Bed $2,343/mo $1,549/mo 22
2 Bed $3,004/mo $2,439/mo 12

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

Who rents in Oak Park, IL, and what they pay

Tracked one-bedroom rent in Oak Park, IL averages $2,343/mo, with two-bedroom units averaging $3,004/mo. At the local median household income of $108,026, that works out to 26% of gross income, near the 30 percent affordability ceiling.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Oak Park, IL at $1,456/mo. The current tracked market average runs 64% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Oak Park, IL while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Oak Park, IL?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$95,000/year

Based on the 30 percent rule, using our tracked average rent of $2,382/mo.

Comfortable income

$114,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,375/mo), you need to earn at least $55,000/year.

Median household income in Oak Park, IL is $108,026 , about 6% below the comfortable-living threshold.

Cost of living in Oak Park, IL

Overall prices in Oak Park, IL runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Oak Park, IL's regional price parities.

Category Monthly estimate
Rent (market average) $2,382
Utilities $477
Groceries $563
Transportation $1,138
Healthcare $555
Other goods and services $888
Estimated total $6,003/mo

Population

53,315

Median household income

$108,026

Census median rent

$1,456/mo

Census rent burden

27.7%

Median age

40.6

Mean commute

32 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Illinois

How Oak Park, IL rent compares to other markets in the state.

City Avg Rent vs Oak Park, IL 30-Day Change Properties
Chicago, IL $3,031 +27% -4.5% 37
Aurora, IL $2,135 -10% -1.6% 14
Rockford, IL $1,278 -46% -6.5% 13
Schaumburg, IL $2,079 -13% +0.9% 13
Peoria, IL $1,385 -42% -8.1% 12
Springfield, IL $1,325 -44% -13.9% 12

Frequently asked questions

What is the average rent in Oak Park, IL?

The average rent in Oak Park, IL is $2,382 per month, based on 51 units across 5 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Oak Park, IL?

The median asking rent in Oak Park, IL is $2,305 per month, computed from 51 live listed units and refreshed daily. The average is $2,382/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Oak Park, IL?

The lowest available rent in Oak Park, IL starts at $1,375 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Oak Park, IL?

1-bedroom apartments in Oak Park, IL average $2,343/mo. The lowest listed 1-bedroom starts at $1,549/mo across 22 units tracked.

How much is a 2-bedroom apartment in Oak Park, IL?

2-bedroom apartments in Oak Park, IL average $3,004/mo. Units start from $2,439/mo across 12 units currently listed.

Rent Trends in Oak Park, IL

Track how apartment prices are changing over time.

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