Last updated
Average Rent in Oak Park 60301 & Rent Trends
Rent prices and market trends across 4 apartment communities in Oak Park 60301, Oak Park, IL. Updated daily.
Market Average
$2,576/mo
Lowest Available
$1,951/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
39
available now
Price Cuts This Week in Oak Park 60301
12 listed units across 3 buildings in Oak Park 60301 dropped their asking rent in the past 7 days, an average cut of $43/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Oak Park City | Unit 2, C10 | $2,940 | $2,750 | $190 |
| The Emerson Apartments | Unit 1BR-796, 1BR-796 | $2,649 | $2,609 | $40 |
| The Emerson Apartments | Unit 1BR-716, 1BR-716 | $2,441 | $2,410 | $31 |
| ReNew Oak Park | Unit 1, Studio | $2,129 | $2,099 | $30 |
| ReNew Oak Park | Unit 2, Studio | $2,129 | $2,099 | $30 |
| ReNew Oak Park | Unit 3, S1 | $2,129 | $2,099 | $30 |
| The Emerson Apartments | Unit 1BR-676, 1BR-676 | $2,489 | $2,459 | $30 |
| The Emerson Apartments | Unit 1BR-750, 1BR-750 | $2,469 | $2,439 | $30 |
Oak Park 60301 vs Oak Park, IL Average
Oak Park 60301 is the same price as the Oak Park, IL average . The citywide average is $2,576/mo across all neighborhoods.
Is Rent Going Up or Down in Oak Park 60301?
As of August 2026, the average rent in Oak Park 60301 is $2,576 per month across 4 apartment communities and 39 available units.
The most affordable option is Oak Park Place starting at $1,951/mo. By unit type, a studio averages $2,041/mo, a 1-bedroom averages $2,401/mo, a 2-bedroom averages $3,093/mo.
Prices range from $1,951 to $3,639 per month. The most common price point is the $2,200 range, where 9 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Oak Park 60301
Rent Prices by Apartment in Oak Park 60301
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Oak Park Place | $1,951/mo | $2,546/mo | 9 | 4.4 |
| The Emerson Apartments | $1,954/mo | $2,628/mo | 11 | 4.4 |
| ReNew Oak Park | $2,099/mo | $2,578/mo | 15 | 4.3 |
| Oak Park City | $2,365/mo | $2,490/mo | 4 | 4.3 |
Frequently Asked Questions About Rent in Oak Park 60301
What is the average rent in Oak Park 60301?
Is rent going up or down in Oak Park 60301?
What is the cheapest apartment in Oak Park 60301?
How much is a 1-bedroom apartment in Oak Park 60301?
How many apartments are available in Oak Park 60301?
What salary do I need to live comfortably in Oak Park 60301?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$103,000/year
Based on the 30 percent rule, using our tracked average rent of $2,576/mo.
Comfortable income
$124,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,951/mo), you need to earn at least $78,000/year.
Cost of living in Oak Park 60301
We only have live rent data for Oak Park 60301 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,576 |
| Estimated total | $2,576/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Oak Park 60301 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Oak Park 60301 Apartments
Browse all 4 communities with daily-updated pricing and availability.