Property prices for rent in Oak Park (Illinois)

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

$1,903.67
Average price last 6 months
$7.14
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Oak Park has risen strongly during the last 6 months. In June, the average price per sq.feet was $2.13. In the following month the price per sq.feet rose to $2.41. The price for the following two months in (August, September) had a considerable rise of 736 %. The price per sq.feet has had a considerable fall of 26 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $9.49 to $2.43 during October, and November.

Average price

When referring to the price in Oak Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is $1,968. In July This price remains at $1,973. In the following two months the average price has hardly changed with regard to the previous two months from $1,970.5 to $1,979.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,975 to $1,761 in October and November.

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 $1,753 they are 14 % more affordable than the average price for Oak Park . The properties with the highest average price have 4 bedrooms, Their price is 116 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,353.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $2.87 / sq.feet price in Oak Park. The properties with the most expensive average prices have 2 bedrooms. They are 197 % more expensive than the average followed by properties with 1 bedroom with a price at $5.41 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,753 it is 6 % 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 "". At a price of $1,836 it is 16 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2.06 / sq.feet followed by "Land" priced at $12 / sq.feet. "House" is the most expensive type of property with a $17.15 / sq.feet value followed by "Condo" with an average price of $15.89 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Oak Park
Number of properties used in region Illinois
$1,753
$2.87
3,284
366,326
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
300 12 Madison/431 35 S Cuyler Studio Apartment For Rent At 300 Madison St, Oak Park, Il 6...
 20
300 12 Madison/431 35 S Cuyler Studio Apartment For Rent At 300 Madison St, Oak Park, Il 6...
$2,501
Oak Park, Illinois - For Rent - 2 bathrooms
Rent of $2829. Oak park is bursting with history, culture, art, fine dining and more... Streets of downtown oak park to shop at local businesses. Have a taste for something...
Eleven33 1 Bedroom Apartment For Rent At 1133 South Blvd, Oak Park, Il 60302
 20
Eleven33 1 Bedroom Apartment For Rent At 1133 South Blvd, Oak Park, Il 60302
$1,799
Oak Park, Illinois - For Rent - Apartment - 734 sq.feet - 1 bedroom - 1 bathroom
It's more than a home, it's a destination. Oak park is a city of originals... Yet chic, and its luxuries are second to none. It's the good life, oak park...
100 Forest Place Apartments 1 Bedroom Apartment For Rent At 100 Forest Pl, Oak Park, Il 60301
 20
100 Forest Place Apartments 1 Bedroom Apartment For Rent At 100 Forest Pl, Oak Park, Il 60301
$1,539
Oak Park, Illinois - For Rent - Apartment - 838 sq.feet - 1 bedroom - 1 bathroom
We offer a variety of tour options including in person, virtual and self guided tours. We are in oak park, il 60301 and offer smoke free, controlled access...
100 Forest Place Apartments 2 Bedroom Apartment For Rent At 100 Forest Pl, Oak Park, Il 60301
 20
100 Forest Place Apartments 2 Bedroom Apartment For Rent At 100 Forest Pl, Oak Park, Il 60301
$1,795
Oak Park, Illinois - For Rent - Apartment - 955 sq.feet - 2 bedrooms - 1 bathroom
We offer a variety of tour options including in person, virtual and self guided tours. We are in oak park, il 60301 and offer smoke free, controlled access...
Eleven33 2 Bedroom Apartment For Rent At 1133 South Blvd, Oak Park, Il 60302
 20
Eleven33 2 Bedroom Apartment For Rent At 1133 South Blvd, Oak Park, Il 60302
$2,116
Oak Park, Illinois - For Rent - Apartment - 1,144 sq.feet - 2 bedrooms - 2 bathrooms
It's more than a home, it's a destination. Oak park is a city of originals... Yet chic, and its luxuries are second to none. It's the good life, oak park...