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335 Apartments for rent in Oak Park, IL

Read Guide >
Last updated July 20 at 5:54pm UTC
175 North Humphrey Avenue
Oak Park
Oak Park, IL
Updated July 20 at 9:45am UTC
2 Bedrooms
$1,700
209 Washington Boulevard
Oak Park
Oak Park, IL
Updated July 19 at 2:46am UTC
1 Bedroom
$1,325
1018 North Humphrey Avenue
Oak Park
Oak Park, IL
Updated July 18 at 10:01am UTC
3 Bedrooms
$2,650
633 Garfield Street
Oak Park
Oak Park, IL
Updated July 16 at 10:52pm UTC
1 Bedroom
$1,200
653 South Boulevard
Oak Park
Oak Park, IL
Updated July 16 at 10:50pm UTC
2 Bedrooms
$1,700
543 GUNDERSON Avenue
Oak Park
Oak Park, IL
Updated July 16 at 2:45am UTC
2 Bedrooms
$2,495
1135 south oak park av
Oak Park
Oak Park, IL
Updated July 15 at 10:34am UTC
2 Bedrooms
$1,300
221 North Oak Park Avenue
Oak Park
Oak Park, IL
Updated July 18 at 2:28pm UTC
1 Bedroom
$1,500
901 Washington Blvd
Oak Park
Oak Park, IL
Updated July 20 at 5:14pm UTC
2 Bedrooms
$1,295
1121 Washington Blvd
Oak Park
Oak Park, IL
Updated July 20 at 5:13pm UTC
1 Bedroom
$995
435 S Cuyler Ave
Oak Park
Oak Park, IL
Updated July 20 at 5:12pm UTC
3 Bedrooms
$3,075
306 Madison St
Oak Park
Oak Park, IL
Updated July 20 at 5:12pm UTC
2 Bedrooms
$1,600
930 S Humphrey Ave
Oak Park
Oak Park, IL
Updated July 19 at 5:19pm UTC
2 Bedrooms
$1,590
829 S Euclid Ave
Oak Park
Oak Park, IL
Updated July 18 at 5:36pm UTC
2 Bedrooms
$1,725
219 N Oak Park Ave
Oak Park
Oak Park, IL
Updated July 16 at 5:20pm UTC
1 Bedroom
$1,500
1046 Chicago Ave
Oak Park
Oak Park, IL
Updated July 16 at 1:24am UTC
2 Bedrooms
$1,850
606 N East Ave
Oak Park
Oak Park, IL
Updated July 14 at 5:25pm UTC
4 Bedrooms
$3,975
830 N Elmwood Ave
Oak Park
Oak Park, IL
Updated July 13 at 5:23pm UTC
5 Bedrooms
$3,400
426 Wesley Ave
Oak Park
Oak Park, IL
Updated July 17 at 5:27pm UTC
2 Bedrooms
$1,400
City Guide
Oak Park
Moving to Oak Park

There are three words that leap into the minds of locals when they hear that people want to move here: Plan, plan, plan! You want to start planning for your move as soon as humanly possible. If you can schedule the timing, try for any season but winter. It's bone chilling cold at times along with snowy and icy. Not enough to be a problem when you actually live here but face it, if there is going to be a bad weather day it will be when you are attempting to move into a place.

You will probably want to assemble a portfolio for every member of your family as well as your pets. While the town itself is pretty relaxed most of the time competition for great places can be rough in certain neighborhoods. A credit report will be run and, ironically given that this is Illinois, land of the Governors Wing to Federal Prisons, a criminal background check is also likely. Due to local ordinances, make sure that you include a copy of proof of recent rabies vaccination for your dog. If it's a big dog, say over 25 pounds, consider getting a house. Many apartments have a weight limit on pets. Relax if your furry companion is a bit hefty, they go by the breed standard on the weight issue.

What Will It Cost?

You are on your own! Bottom line is that there is no standard when it comes to rental prices though they are a gazillion percent better her than on the coasts or even in nearby Chicago! The issue has to do with amenities, renovations and location. This is a great town to negotiate the price of a place because although there is competition in some areas there are a high number of vacancies in others. As an example, you can get a beautiful renovated 1 bedroom in a historic building in one place and then a block away pay the same price for a 4 bedroom ultra modern that is next door to a studio with all bills paid that costs less than a month of your favorite daily latte! This is why you want to start searching early and be ready to plunk down your security and pet deposits when you find a place.

Neighborhoods

There are some interesting distinctions between the neighborhoods here. Mostly it's about where a person or family is in their economic life. Young people just starting out tend to stick close to others in their demographic while those retiring after successful careers are in their own area.

Oak Park Ave:This neighborhood is, in a word, stable. Everything about it screams stability. Most of the residents are married, most have advanced degrees and most are near or at the top of their various respectable and extremely stable careers. The schools are outstanding as is the local weekend grass cutting competition. You will find doctors, lawyers and professors here. Other than cutting the grass on weekends the locals are obsessed about the futures of their children, whether or not their dogs are better than breed standard and whether or not the wine is the appropriate temperature for its class. Not a serious issue if you are renting because there are almost no rentals here, not that this should surprise you. If you do find one it will be expensive, small and you will be a renter among the those who are owners. $$$$$

North:It's better here than in Oak Park, mostly because people haven't yet inserted a stick into their nether region and forgotten how to be human. Nice homes and friendly people. The schools are great and most of the parents here seem to remember that children are, after all just kids and let them play. A little. The Tiger Mom would fit right in here, the soccer mom not so much. Upper level professionals, mid level doctors and attorneys who have made junior partner tend to live here. There are few rentals so be ready if you find one.$$$$$

Division:This is an upper level income area of apartments, homes and power brokers. There is a decent vacancy rate here but you are still going to pay a decent amount for a place. You can try bargaining but the general consensus seems to be that it's better to leave a place empty than lower the rent. It's an interesting way to do business. most of the places are fairly small with a huge place clocking in at a whopping 3 bedrooms. The typical is 1-2 bedrooms. Don't expect to host many out of town guests in many of the places but some are still very nice and the buildings have all of the amenities that you could ever want. Expect an urban population of attorneys, professors and CEO types in this area.$$$$

Ridgeland:This area is filled with historic homes that have been converted into small apartments. 1-2 bedrooms is the norm here but the prices are good. You will find a healthy mix of professionals as your neighbors and the area is popular with upper to middle level management types as well as IT professionals. Make friends with a neighbor and maybe she will give you a discount on computer repairs. It can't hurt to try!$$$

Adams:In a nutshell, the residents here are upper income and highly educated. There are a few vacancies but those are in demand so if something opens up you want to grab it before it gets away. Many of the properties are older and this is an established area so you can expect it to be quiet and safe as well.$$$

Fillmore:Mid level executives like this area a lot and you will find them firmly ensconced in their apartments and homes here. This is an established neighborhood with most residents having been here for more than 5 years. That makes it nice knowing that you can make friends that aren't planning on relocating anytime soon. Of course if you have a neighbor from hell that could be an issue. It probably will not be an issue because moving into this neighborhood is tough. The vacancy rate is low. Bummer.$$

Washington:The residents of the Washington neighborhood tend to be retirees and young families. There are good schools, nice places to live and the rents are reasonable. Which of course means that getting this neighborhood is tough because the vacancy rates are so low. Plan ahead if you can and watch the marketplace. As soon as something opens up grab it. That's about the only way to get into this area. Many people actually rent the place sight unseen. This is not really a big gamble, it's easy enough to find someone to take it off your hands if you really hate it a lot. In the meantime, you have a place. $$

Harlem:No, this is not the infamous Harlem, that one is in New York. This Harlem is actually a nice neighborhood with a decent vacancy rate that keeps the rental cost lower than average for this city. This is an area with several young families and is known mostly for the younger population that is starting out and trying to pay down those pesky student loans. Expect to find executive and professionals of all stripes living here as they get their careers going and plan for their eventual move into some mythical paradise that includes mowing the lawn on weekends and worrying about the breed of their dog. This area has decent commuting times and a high number of people with advanced degrees. They are clearly going places and thanks to the short commute time, it shouldn't take them long to get there!$

July 2018 Oak Park Rent Report

Welcome to the July 2018 Oak Park Rent Report. Oak Park rents declined over the past month. In this report, we'll evaluate trends in the Oak Park rental market, including comparisons to cities throughout the metro, state, and nation.

View full Oak Park Rent Report
Rent Report
Oak Park

July 2018 Oak Park Rent Report

Welcome to the July 2018 Oak Park Rent Report. Oak Park rents declined over the past month. In this report, we'll evaluate trends in the Oak Park rental market, including comparisons to cities throughout the metro, state, and nation.

Oak Park rents declined slightly over the past month

Oak Park rents have declined 0.2% over the past month, and are down significantly by 3.2% in comparison to the same time last year. Currently, median rents in Oak Park stand at $930 for a one-bedroom apartment and $1,090 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in March. Oak Park's year-over-year rent growth lags the state average of -0.2%, as well as the national average of 1.4%.

Rents rising across the Chicago Metro

While rent prices have decreased in Oak Park over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 6 of the largest 10 cities in the Chicago metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Palatine has seen the fastest rent growth in the metro, with a year-over-year increase of 2.8%. The median two-bedroom there costs $1,350, while one-bedrooms go for $1,150.
  • Over the past year, Chicago proper has seen the biggest rent drop in the metro, with a decline of 1.3%. Median two-bedrooms there cost $1,270, while one-bedrooms go for $1,080.
  • Waukegan has the least expensive rents in the Chicago metro, with a two-bedroom median of $990; rents increased 0.1% over the past month but fell 0.3% over the past year.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,750; rents increased 0.7% over the past month but remained flat year-over-year.

Oak Park rents more affordable than many large cities nationwide

As rents have fallen significantly in Oak Park, many large cities nationwide have seen prices increase, in some cases substantially. Oak Park is also more affordable than most large cities across the country.

  • Oak Park's median two-bedroom rent of $1,090 is below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 3.2% decline in Oak Park.
  • While rents in Oak Park fell significantly over the past year, many cities nationwide saw increases, including Houston (+3.7%), New York (+1.7%), and Detroit (+1.3%).
  • Renters will find more reasonable prices in Oak Park than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than two-and-a-half times the price in Oak Park.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Chicago $1,080 $1,270 0.3% -1.3%
Aurora $1,120 $1,310 0.5% 2.0%
Joliet $1,020 $1,210 0.5% 1.5%
Naperville $1,480 $1,750 0.7% -0.0%
Elgin $1,010 $1,180 0.6% 1.1%
Waukegan $840 $990 0.1% -0.3%
Arlington Heights $1,250 $1,470 0.7% -0.7%
Evanston $1,300 $1,530 0.7% 1.0%
Schaumburg $1,370 $1,610 1.0% 1.4%
Palatine $1,150 $1,350 0.9% 2.8%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.