Average Rent in Oak Park, IL (2026)

Typical asking rent in Oak Park is $1,985. Across the 3 ZIP codes with data it runs from $1,582 to $2,462, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,985
Average rent
$2,010
Lowest ZIP
$1,582
Highest ZIP
$2,462

Rent by ZIP code in Oak Park

ZIP codeCountyTypical rentvs city median
60301Cook County$2,462+24%
60302Cook County$1,9850%
60304Cook County$1,582-20%

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Oak Park sits in the Chicago-Naperville-Elgin, IL-IN-WI metro area.

Other Illinois cities

Would a rental in Oak Park cash flow?

Start the analyzer with the Oak Park median rent of $1,985 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.