Renter Resources
Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
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What to Know About
Life in Oak Park & Beyond
Oak Park shares many of the great qualities that make Illinois a desirable place to live.
Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.
Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.
With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.
Rental Market Trends
Oak Park, IL
As of August 2025, Oak Park's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Oak Park's average rent is 35.1% ($619) higher than the Illinois average of $1,766 and 33.2% ($595) higher than the U.S. average of $1,790.
Average Rent
$2,385
Monthly ChangeMonth Over Month Change
2.2% ($52)
Yearly ChangeYear Over Year Change
0.5% ($11)
Avg. Days on MarketAverage Days on Market
20
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,337 | 3.2% ($73) | 11.7% ($244) |
| 2 Beds | $2,976 | 5.6% ($157) | 7.1% ($227) |
| 3 Beds | $3,466 | 5.6% ($183) | 20.1% ($874) |
| Nearby Cities | Average Rent | Avg. Rent vs. Oak ParkAverage Rent vs. Oak Park | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| River Forest | $1,844 | 22.7% ($541) | 24 days |
| Forest Park | $1,784 | 25.2% ($601) | 28 days |
| Elmwood Park | $1,693 | 29% ($692) | 28 days |
| Cicero | $1,070 | 55.1% ($1315) | 30 days |
| River Grove | $1,442 | 39.5% ($943) | 30 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oak Park Rental Market FAQs
Explore rental prices, market trends, and availability in Oak Park, IL.
The average rent in Oak Park, IL is $2,385 per month.
Apartments in Oak Park typically rent for between $1,636 and $4,506 per month, with an average of $2,385 per month.
In Oak Park, the average rent for a 1-bedroom apartment is $2,337 per month, for a 2-bedroom apartment, $2,976 per month, and a 3-bedroom apartment is $3,466 per month.
The average rent in Oak Park is 33.2% ($595) higher than the national average of $1,790 per month.
The average rent in Oak Park has increased by 2.2% ($52) in the last month and decreased by 0.5% ($11) over the past year.
The rental market in Oak Park, IL, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Oak Park, IL, the average rental stays on the market for approximately 20 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 46 rental properties available in Oak Park, IL.
Based on the current averages, a household would need an annual income of $119,040 to comfortably afford a 2-bedroom apartment in Oak Park.
