The Emerson
1135 Westgate St,
Oak Park, IL 60301
Studio - 2 Beds | $1,855 - $3,590
Rental Market Trends in Oak Park, IL
What is the average rent in Oak Park, IL?
$1,597/month
Average Rent
692 Sq Ft
Average Apartment Size
+1.2%
Increase in the Last Year
As of February 2025, the average rent in Oak Park, IL is $1,597 per month. For comparison, the national average rent price in the US is currently $1,557/month, which means Oak Park rent prices are 3% higher than the national average. When you rent an apartment in Oak Park, you can expect to pay about $1,263 per month for a studio, $1,597 for a one-bedroom apartment, and around $2,325 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,481 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Oak Park, IL?
In the past year, rent has increased by 1.2%, which averages out to $20 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Oak Park, IL
Last Updated February 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
5%
$700 - $1,000/month
62%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
12%
Above $2,000/month
What salary do I need to live comfortably in Oak Park, IL?
Because the average rent in Oak Park is $1,597, you’ll want to make about $5,323 per month or $63,876 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Oak Park, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Oak Park, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Oak Park we think you'll love
Property Management Companies in Oak Park, IL
Greenplan Management Inc.
-
10
Communities
-
457
Units
-
1
City
10 Communities in Oak Park
Willow Bridge
-
683
Communities
-
186,188
Units
-
310
Cities
2 Communities in Oak Park
Village Green
-
183
Communities
-
39,284
Units
-
103
Cities
2 Communities in Oak Park
Trinity Property Consultants
-
159
Communities
-
42,943
Units
-
101
Cities
2 Communities in Oak Park
Cushman & Wakefield
-
563
Communities
-
130,174
Units
-
287
Cities
1 Community in Oak Park
Bozzuto
-
374
Communities
-
114,788
Units
-
154
Cities
1 Community in Oak Park
Inland Real Estate
-
78
Communities
-
19,661
Units
-
57
Cities
1 Community in Oak Park
Red Tail Residential
-
71
Communities
-
8,523
Units
-
50
Cities
1 Community in Oak Park
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.