Rent in Oak Park, IL
Across Oak Park's 4 ZIP codes, a 2-bedroom typically rents for about $1,944 a month, with figures from $1,626–$3,020. The highest typical rent is in 60301 ($2,885) and the lowest in 60304 ($1,723). Owner-occupied homes in Cook County pay about 1.91% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,529 | $1,134–$2,520 | 4 |
| 1 bed | $1,640 | $1,232–$2,670 | 4 |
| 2 beds | $1,944 | $1,626–$3,020 | 4 |
| 3 beds | $2,526 | $2,064–$3,880 | 4 |
| 4 beds | $2,930 | $2,670–$4,440 | 4 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Oak Park ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Oak Park, IL?
- About $1,944 a month: the median of the typical rents in 4 ZIP codes, which range from $1,626–$3,020. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Oak Park, IL?
- About $1,640 a month: the median of the typical rents in 4 ZIP codes, which range from $1,232–$2,670. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Oak Park, IL?
- About $2,526 a month: the median of the typical rents in 4 ZIP codes, which range from $2,064–$3,880. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Oak Park, IL?
- About $1,529 a month: the median of the typical rents in 4 ZIP codes, which range from $1,134–$2,520. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Oak Park, IL?
- About $2,930 a month: the median of the typical rents in 4 ZIP codes, which range from $2,670–$4,440. Figures are gross rent (rent plus tenant-paid utilities).
- Which Oak Park ZIP code has the highest rent?
- For a 2-bedroom, 60301 has the highest typical rent at $2,885 a month, and 60304 the lowest at $1,723.
- What is the property tax rate in Oak Park, IL?
- Owner-occupied homes in Cook County pay a typical 1.91% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Oak Park rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).