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Apartments in Oakbrook Terrace

1 - 4 of 4 Results
5
$2,889
17 W300 22nd St
Oakbrook Terrace, IL
Studio | Available Now
Contact
24
$2,200 - 3,200
Lakeside Village Of Oak Brook
18w070 Royce Blvd Oakbrook Terrace, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
15
$1,445 - 2,650
Versailles On The Lakes
17 W 720 Butterfield Rd Oakbrook Terrace, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
11
$1,985
Regency Place Apartments
Deal
2003 S Meyers Rd Oakbrook Terrace, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
1 - 4 of 4 Results
  1. Home
  2. Chicago Area Apartments
  3. Oakbrook Terrace

How much does it cost to rent an apartment in Oakbrook Terrace?

Oakbrook Terrace Apartments
Bed Type Average Rent Range
Studio $1,560 $1,450 - $2,890
1BR $1,820 $1,770 - $2,220
2BR $2,230 $2,120 - $2,900
3BR $2,650 $2,650 - $3,200
Frequently Asked Questions

How many apartments are available in Oakbrook Terrace, IL on Rentable.co?

Rentable.co has over 1,309 apartments available in Oakbrook Terrace.

What is the average rent for a studio apartment in Oakbrook Terrace, IL?

The average rent for a studio apartment in Oakbrook Terrace is around $1,560 per month.

What is the average rent for a one-bedroom apartment in Oakbrook Terrace, IL?

The average rent for a one-bedroom apartment in Oakbrook Terrace is around $1,820 per month.

What is the average rent for a two-bedroom apartment in Oakbrook Terrace, IL?

The average rent for a two-bedroom apartment in Oakbrook Terrace is around $2,230 per month.

How expensive is it to rent an apartment in Oakbrook Terrace, IL?

For a two-bedroom apartment in Oakbrook Terrace, the average rent price is $2,230 per month, which is higher than the national average of $1,630 per month.

Can I afford an apartment for rent in Oakbrook Terrace, IL?

Based on average rent prices in Oakbrook Terrace, to afford a studio apartment you would need an annual household income of $62,000 to live comfortably.

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Oakbrook Terrace:
April Rent Report

Welcome to the April 2024 Oakbrook Terrace Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Oakbrook Terrace rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Oakbrook Terrace and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Oakbrook Terrace average rent prices in the chart below.

Monthly Rent Report

$2,450
$1,840
$1,230
$610
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Oakbrook Terrace Rent Prices Decrease From March to April

Oakbrook Terrace rent prices decreased over the last month. From March to April, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Oakbrook Terrace one-bedroom apartments currently stands at $1,815.0.

When we take a look at the two-bedroom comparison from March to April, Oakbrook Terrace experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Oakbrook Terrace two-bedroom apartments currently stands at $2,150.0.

April Prices: Oakbrook Terrace vs. Surrounding Areas

Rent Prices in Oakbrook Terrace and Surrounding Areas

Rent prices have decreased in Oakbrook Terrace over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Oakbrook Terrace suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Oakbrook Terrace suburbs

  • Rents did not decrease in any of the Oakbrook Terrace suburbs.

April 2024 Pricing Trends: Oakbrook Terrace vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Oakbrook Terrace Rent Prices More Affordable Than Major Cities

Rent growth in Oakbrook Terrace over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Oakbrook Terrace average rent prices appear to be relatively affordable for local residents.

The price for a Oakbrook Terrace one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Oakbrook Terrace and surrounding area rent prices, take a look at the complete data set below.

Data set for Oakbrook Terrace and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Oakbrook Terrace Apartments
Oakbrook Terrace Apartments by Bedrooms
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Colleges Near Oakbrook Terrace