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Oak Park Rent Trends

Chicago, IL · April 2026 · median asking rents from leased listings

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$2,425
Effective rent
$2,425
Vs. Chicago median
-2%
Avg days to lease
19
Active rentals now
161

† Computed on a small sample (fewer than 20 leases) — interpret with caution.

Median asking rent over time

$1.6k$1.9k$2.2k$2.5kJun ’24Oct ’24Feb ’25Jun ’25Oct ’25Apr ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$1,475
YoY · as of July 2025
2 bedroom
$2,150
-21.8% YoY · as of September 2025

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Oak Park renting, answered

What is the average rent in Oak Park?
As of April 2026, the median asking rent in Oak Park is $2,425 per month, based on 14 leased listings. By size, the median is $1,475 for a 1 bedroom and $2,150 for a 2 bedroom.
Are rents in Oak Park going up or down?
Median asking rent in Oak Park is up 42.6% compared with a year ago. Note this figure is computed on a small monthly sample and can swing month to month.
Is Oak Park more expensive than Chicago overall?
Oak Park's median asking rent is 2% below the Chicago citywide median of $2,483.
How quickly do rentals lease in Oak Park?
Over the last 90 days, rentals in Oak Park leased in an average of 19 days, with 161 active listings on the market right now.

Beyond the numbers

Get to know Oak Park

Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.

Read the Oak Park guide →

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