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Rental prices in Oakland, Chicago, IL have increased by 28.83% over the past year. The average rent moved from $1,523 to $1,962.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,740, while the average monthly rent in Oakland, Chicago, IL is $1,962.
The average monthly rent for an apartment in Oakland, Chicago, IL is around $1,962.
A share of 12% of apartments in Oakland, Chicago, IL have the cheapest rents between $1,001-$1,500. Around 31% of Oakland's apartments have monthly rents between $1,501-$2,000. There are 57% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Oakland, Chicago, IL (57%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Renting a house in Oakland, Chicago, IL comes with more space, both indoor and outdoor.
Houses for rent in Oakland, Chicago, IL are usually located in non-central areas.
In total, Oakland, Chicago, IL has 6,075 residents, 3,506 women and 2,569 men, per U.S. Census recent estimates. Statistics show that the median age of Oakland’s population is 38.4.
There is a total of 3,008 households in Oakland, Chicago, IL. Of these, 712 have children and 2,296 are without children. Per Census Bureau’s most current estimates, 1,323 family households and 1,685 non-family households live in this area. The size of a household in Oakland is 2 people, on average. The median household annual income in Oakland equals $40,666, and the monthly housing costs equal $1,247.
According to data from the U.S. Census Bureau, 3% of the population in Oakland, Chicago, IL have no high school education, 30% went to high-school, and 25% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 19% hold a Bachelor Degree, and 16% hold a Graduate Degree.
