Property prices for rent in Oak Park (Illinois)

The rent prices in real estate in Oak Park, in the Illinois region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$2,364.5
Average price last 6 months
$2.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Oak Park has risen during the last 6 months. In October, the average price per sq.feet was $2.67. In November this price barely changed remaining at $2.8 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.73 to $2.86 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.8 to $2.9 during February y March

Average price

When referring to the price in Oak Park (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,334, rising in November till $2,454. In the following two months the average price has hardly changed with regard to the previous two months from $2,394 to $2,330. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,362 and $2,369.5 between February and March.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,336 they are 11 % more affordable than the average price for Oak Park . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,926.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.87 / sq.feet price in Oak Park. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.89 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,336 it is 30 % more affordable than the average price in Oak Park. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $2,273 it is 9 % more expensive than the average price.

According to the average area price by sq.feet the most affordable property type is "Condo with an average cost of $2 / sq.feet. "Condo" with an average price of $2 / sq.feet has the most affordable price and would be directed at less affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Oak Park
Number of properties used in region Illinois
$2,336
$2.87
6,008
538,322
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value