Rentometer, Inc. | Data as of 10/23/2025
Oakbrook Terrace, a vibrant city nestled in the heart of Illinois, offers a well‑balanced rental market that appeals to professionals, families, and students alike. Its convenient location just a short drive from downtown Chicago, coupled with easy access to major highways and public transit, makes commuting a breeze. The city’s tree‑lined streets, well‑maintained parks, and a mix of modern amenities create a welcoming atmosphere that blends suburban comfort with urban convenience.
Renters will find a diverse array of housing options, from contemporary apartments to a single-family home that adds a touch of variety to the market. One‑bedroom apartments generally fall within the $2,100‑$2,200 range, making them an attractive choice for solo occupants or couples seeking a low‑maintenance lifestyle. For those needing extra space, two‑bedroom units typically rent in the $2,400‑$2,500 bracket, while three‑bedroom apartments command rates around the $3,700‑$3,900 level, offering ample room for families or roommates. These price points reflect Oakbrook Terrace’s reputation for quality housing, well‑kept properties, and responsive property management.
Beyond the rental market, Oakbrook Terrace boasts several notable neighborhoods and landmarks that enhance its appeal. The bustling Oakbrook Center provides premier shopping, dining, and entertainment options, while the nearby Prairie Path offers scenic trails for outdoor enthusiasts. Cultural attractions such as the Oakbrook Terrace Public Library and community events at local parks foster a strong sense of community. Whether you’re seeking a convenient commuter base, a family‑friendly environment, or vibrant local amenities, Oakbrook Terrace delivers a well‑rounded rental experience in the greater Chicago area.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $2,170 | $2,175 | $1,725 - $2,610 | $1,725 - $2,610 |
| Apartment | 2 Bedroom | $2,524 | $2,439 | $2,323 - $2,810 | $2,323 - $2,810 |
| Apartment | 3 Bedroom | $3,714 | $3,865 | $2,799 - $4,478 | $2,799 - $4,478 |
In the current period, the average rent in Oakbrook Terrace was
$2,170 for 1 Bedroom,
$2,524 for 2 Bedroom, and
$3,714 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.