Oak Park Rent Trends
Chicago, IL · August 2026 · median asking rents from leased listings
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
- Median asking rent
- $2,477
- Effective rent
- $2,477
- Vs. Chicago median
- -2%
- Avg days to lease
- 18
- Active rentals now
- 81
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,032
— YoY · as of August 2026
1 bedroom
$2,469
— YoY · as of August 2026
2 bedroom
$3,409
— YoY · as of August 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
Oak Park renting, answered
- What is the average rent in Oak Park?
- As of August 2026, the median asking rent in Oak Park is $2,477 per month, based on 173 leased listings. By size, the median is $2,469 for a 1 bedroom and $3,409 for a 2 bedroom.
- Is Oak Park more expensive than Chicago overall?
- Oak Park's median asking rent is 2% below the Chicago citywide median of $2,535.
- How quickly do rentals lease in Oak Park?
- Over the last 90 days, rentals in Oak Park leased in an average of 18 days, with 81 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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