Median rent
for residential apartments
in Oak Park, IL
as of May, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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110 Oak Park, IL, USA apartments for rent
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Newly Renovated 1 Bedroom - 1 Bathroom In unit laundry Oak Park
138 Harrison St, Unit 01
1
Bed
1
Bath
900
Sq Ft
Condo For Rent In Oak Park, Illinois
855 South Euclid Avenue, Oak Park, IL 60304, USA
2
Bed
1
Bath
1,200
Sq Ft
Condo For Rent In Oak Park, Illinois
Jewel-Osco, 438 Madison Street, Oak Park, IL 60302, USA
3
Bed
2
Bath
2,200
Sq Ft
Flat For Rent In Oak Park, Illinois
Beat 2513, 416 North Grove Avenue, Oak Park, IL 60302, USA
3
Bed
2
Bath
2,350
Sq Ft
Home For Rent In Chicago, Illinois
1600 North Nagle Avenue, Chicago, IL 60707, USA
3
Bed
2
Bath
1,200
Sq Ft
Condo For Rent In Oak Park, Illinois
Enterprise, 25 Chicago Avenue, Oak Park, IL 60302, USA
3
Bed
2
Bath
1,000
Sq Ft
Home For Rent In Oak Park, Illinois
601 Chicago Avenue, Oak Park, IL 60302, USA
Studio
1
Bath
362
Sq Ft
Flat For Rent In Oak Park, Illinois
436 South Maple Avenue, Oak Park, IL 60302, USA
1
Bed
1
Bath
625
Sq Ft
Condo For Rent In Oak Park, Illinois
1124 Washington Boulevard, Oak Park, IL 60302, USA
2
Bed
1
Bath
1,015
Sq Ft
Home For Rent In Oak Park, Illinois
649 Washington Boulevard, Oak Park, IL 60302, USA
3
Bed
1
Bath
1,300
Sq Ft
Flat For Rent In Oak Park, Illinois
601 Chicago Avenue, Oak Park, IL 60302, USA
2
Bed
1
Bath
754
Sq Ft
Condo For Rent In Oak Park, Illinois
1040 Chicago Avenue, Oak Park, IL 60301, USA
3
Bed
1
Bath
1,300
Sq Ft
Flat For Rent In Oak Park, Illinois
601 Chicago Avenue, Oak Park, IL 60302, USA
2
Bed
2
Bath
891
Sq Ft
Flat For Rent In Oak Park, Illinois
601 Chicago Avenue, Oak Park, IL 60302, USA
1
Bed
1
Bath
533
Sq Ft
Flat For Rent In Oak Park, Illinois
1027 North Austin Boulevard, Chicago, IL 60651, USA
2
Bed
1
Bath
820
Sq Ft
Condo For Rent In Oak Park, Illinois
932-954 Pleasant Street, Oak Park, IL 60302, USA
3
Bed
2
Bath
1,738
Sq Ft
Home For Rent In Oak Park, Illinois
1176 South Taylor Avenue, Oak Park, IL 60304, USA
3
Bed
2
Bath
1,800
Sq Ft
Condo For Rent In Oak Park, Illinois
445 Harrison Street, Oak Park, IL 60304, USA
1
Bed
1
Bath
700
Sq Ft
Condo For Rent In Oak Park, Illinois
511 Madison Street, Oak Park, IL 60302, USA
2
Bed
1
Bath
1,075
Sq Ft
Oak Park
Oak Park, IL has a population of 52,229, while the median age is 39. The household income in Oak Park, IL is around $87,271. The homeownership rate among the residents is 58%. The median residential property value in Oak Park, IL that you should keep in mind is $370,400.
| Population | 52,229 |
| Median Age | 39 |
| Poverty Rate | 8% |
| Household Income | $87,271 |
| Number Of Employees | 27,337 |
| Median Property Value | $370,400 |
Housing Trends
Average apartment rent in Oak Park:
$2,639 (-39.5%)
Rent Price |
May | vs Last Month |
|---|---|---|
| Studio apartments | $1,200 | -50.6% |
| 1-bed apartments | $1,579 | -39.3% |
| 2-bed apartments | $2,695 | -31.3% |
| 3-bed apartments | $2,791 | -63.2% |
| 4+ bed apartments | $7,883 | -38.8% |
Over the May 2023, the average rent for an apartment in/near Oak Park, IL decreased by 39.5% to $2,639.
Compared to the last month, the average price for a rental studio in Oak Park, IL has decreased by 50.6%. You can expect to rent the studio for $1,200 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 39.3% to $1,579. Pricing for 2-bed apartment also decreased by 31.3% and a place of this size will now cost you $2,695. 3-bed apartment rent pricing starts at $2,791, it decreased by 63.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 38.8% and made it down to $7,883.
Rent Type Price |
May | vs Last Month |
|---|---|---|
| Houses for rent | $3,654 | -61.1% |
| Condos for rent | $2,144 | -44.2% |
| Apartments for rent | $2,529 | -27.9% |
The median rent for an apartment in Oak Park, IL decreased by 27.9% to $2,529. Statistics show that house rent price decreased by 61.1% this month making it up to $3,654. Condos faced an upward trend these days. The median rent for a condo decreased by 44.2%, it’s now available for $2,144.
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