The rental market in Oak Park, IL is a vibrant and diverse landscape of residential properties, from modern condos to historic single family homes. This vibrant suburb of Chicago is known for its affordability, excellent schools, and convenient transportation options. Oak Park provides a great quality of life for renters who are looking for a safe, family-friendly environment to call home.
Oak Park is home to some of the best schools in Illinois. The district is consistently ranked among the top in the state, and the high schools are highly regarded for their innovative teaching methods and college preparation programs. The schools also offer a wide variety of extracurricular activities, such as theater, music, and sports, making Oak Park an attractive area for families looking to move.
Oak Park is also known for its diverse neighborhoods, ranging from historic single family homes to modern condos. The area offers a variety of housing options, from studio apartments to multi-million dollar mansions. Renters can find something to fit their budget and lifestyle, whether they are looking for a quiet residential neighborhood or a bustling downtown area.
The average rent in Oak Park is relatively affordable compared to other suburban areas in the Chicago area. A one-bedroom apartment can be found for around $1,000
The average rental price of an apartment in Oak Park, IL is $1,524 per month. The average rental price of a townhouse in Oak Park, IL is $2,059 per month. The average rental price of a condo in Oak Park, IL is $1,741 per month. The average rental price of a loft in Oak Park, IL is $1,689 per month. The average rental price of a single family home in Oak Park, IL is $2,115 per month.
Rental prices in Oak Park, IL have seen a steady increase over the last 5 years. According to Zillow, the median rent price in Oak Park in 2016 was $1,812, which increased to $1,907 in 2017, $1,914 in 2018, $1,995 in 2019 and $2,092 in 2020.
1-Bedroom: $1,200
2-Bedroom: $1,450
3-Bedroom: $1,800
Oak Park, IL is a highly regarded school district in the United States. It consistently ranks among the top districts in the country for academic achievement, graduation rates, and student growth. It also boasts a variety of unique programs and resources, such as International Baccalaureate and Advanced Placement classes, as well as dual language immersion. In addition, Oak Park schools are well-funded and have a high level of parental involvement. Overall, Oak Park schools compare favorably to the rest of the United States, providing students with an excellent education and a bright future.
1. Downtown Oak Park
2. Oak Park Avenue
3. Pleasant District
4. North Oak Park
5. South Oak Park
1. Ridgeland Avenue
2. Pleasant Home
3. Oak Park Avenue
4. Longcommon Road
5. Astor Street