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
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 →Thinking about Oak Park?
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