Oak Park Rent Trends
Chicago, IL · July 2026 · median asking rents from leased listings
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
- Median asking rent
- $2,000
- Effective rent
- $2,000
- Vs. Chicago median
- -20%
- Avg days to lease
- 19
- Active rentals now
- 173
Median asking rent over time
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 July 2026 · Last updated August 7, 2026 · Next release: early September 2026
Oak Park renting, answered
- What is the average rent in Oak Park?
- As of July 2026, the median asking rent in Oak Park is $2,000 per month, based on 15 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 down 9.1% compared with a year ago.
- Is Oak Park more expensive than Chicago overall?
- Oak Park's median asking rent is 20% below the Chicago citywide median of $2,500.
- 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 173 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.
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