Oak Park, IL Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Oak Park is $2,266, a 3.19% increase compared to the previous year, when the average rent was $2,196.
Studio Apartments at $1,716 offer the most budget-friendly option with 530 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 729 square feet for $2,033, balancing privacy and affordability.
Two-beedroom units at $2,996 offer 1,077 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,949 sq ft) for $5,820, suitable for larger households.
Average rent in Oak Park, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,266 | 798 sq. ft. |
| Studio | $1,716 | 530 sq. ft. |
| 1 Bed | $2,033 | 729 sq. ft. |
| 2 Beds | $2,996 | 1,077 sq. ft. |
| 3 Beds | $5,820 | 1,949 sq. ft. |
Oak Park, IL rent trends
Rental prices in Oak Park, IL have increased by 3.19% over the past year. The average rent moved from $2,196 to $2,266.
What's the typical rent budget in Oak Park, IL?
The largest share of rentals in Oak Park, IL (27%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Oak Park, IL?
9,139 or 39% of the households in Oak Park, IL are renter-occupied while 14,128 or 61% are owner-occupied.
How Oak Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Oak Park | $2,266 |
| Chicago | $2,454 |
| Evanston | $2,598 |
| Naperville | $2,093 |
| Skokie | $2,149 |
| Aurora | $1,876 |
| Champaign | $1,685 |
| Dekalb | $1,105 |
| Peoria | $1,209 |
| Lombard | $1,989 |
| Lisle | $1,885 |
| Villa Park | $2,134 |
| Forest Park | $1,355 |
| La Grange, IL | $2,102 |
| Oakbrook Terrace, IL | $2,394 |
| Clarendon Hills, IL | $1,655 |
| Des Plaines, IL | $1,846 |
| Oak Lawn, IL | $1,200 |
| Westmont, IL | $1,834 |
| Justice, IL | $1,384 |
| Willowbrook, IL | $1,867 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Oak Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.