What is the median rent in Oakbrook Terrace, IL?
The median gross rent in Oakbrook Terrace, IL is $1,875 (±$92) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 953 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Oakbrook Terrace, the median gross rent went from $1,584 in 2015–2019 to $1,875 in 2020–2024 (+18.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,875 (±$92)
- Rented homes
- 953 (±154)
- $2,000 or more
- 36.8%
- Since 2015–2019
- +18.4%
How much rent costs in Oakbrook Terrace
| Monthly gross rent | Oakbrook Terrace | DuPage County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 1.0% (±1.8 points) | 3.0% | 7.0% | 6.3% |
| $500 to $999 | 0.0% (±3.9 points) | 5.7% | 23.5% | 20.2% |
| $1,000 to $1,499 | 9.7% (±7.5 points) | 29.0% | 32.6% | 28.1% |
| $1,500 to $1,999 | 52.5% (±12.6 points) | 32.7% | 18.7% | 21.1% |
| $2,000 to $2,499 | 10.2% (±6.0 points) | 17.8% | 9.6% | 12.0% |
| $2,500 to $2,999 | 19.8% (±11.9 points) | 5.9% | 4.1% | 5.5% |
| $3,000 or more | 6.8% (±8.7 points) | 5.9% | 4.4% | 6.8% |
The most common range is $1,500 to $1,999, paid by 52.5% of renting households.
36.8% of rented homes in Oakbrook Terrace cost $2,000 or more a month.
Oakbrook Terrace against DuPage County, its state and the nation
| Oakbrook Terrace | DuPage County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,875 (±$92) | $1,688 (±$16) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 953 (±154) | 91,319 (±1,938) | 1,587,238 (±10,609) | 42,849,984 |
In Oakbrook Terrace, median gross rent is higher than in DuPage County ($1,688).
It is also higher than in Illinois ($1,274).
It is higher than the national figure ($1,413).
In DuPage County, Oakbrook Terrace ranks 11 of 39 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 74 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Oakbrook Terrace has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,584 (±$145) | $1,875 (±$92) | +18.4% | No measurable change after inflation |
| Households that rent | 40.2% (±5.9 points) | 75.2% (±6.4 points) | +35.0 percentage points | Measurable increase |
| Rental vacancy rate | 7.7% (±7.4 points) | 10.9% (±7.9 points) | +3.2 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Oakbrook Terrace
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Oakbrook Terrace | — | $1,875 (±$92) | — |
| York Township (DuPage County) | 0.7 mi | $1,845 (±$60) | Not measurably different |
| Oak Brook | 1.4 mi | $2,590 (±$629) | Higher |
| Villa Park | 2.3 mi | $1,438 (±$85) | Lower |
| Lombard | 2.8 mi | $1,948 (±$86) | Not measurably different |
| Elmhurst | 3.3 mi | $1,975 (±$142) | Not measurably different |
| Hillside | 3.6 mi | $1,320 (±$186) | Lower |
| Berkeley | 3.8 mi | $1,434 (±$210) | Lower |
| Clarendon Hills | 3.9 mi | $1,142 (±$100) | Lower |
Nearby places with a measurably lower figure: Villa Park, IL ($1,438), Hillside, IL ($1,320), Berkeley, IL ($1,434).
Nearby places with a measurably higher figure: Oak Brook, IL ($2,590).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across DuPage County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 5 | Warrenville | $1,926 (±$200) |
| 6 | Hinsdale | $1,924 (±$141) |
| 7 | Naperville Township | $1,922 (±$42) |
| 8 | Itasca | $1,892 (±$130) |
| 9 | Naperville | $1,885 (±$39) |
| 10 | Bartlett | $1,883 (±$226) |
| 11 | Oakbrook Terrace | $1,875 (±$92) |
| 12 | Darien | $1,857 (±$336) |
| 13 | York Township (DuPage County) | $1,845 (±$60) |
| 14 | Wheaton | $1,799 (±$83) |
| 15 | Wayne Township | $1,750 (±$90) |
| 16 | Willowbrook | $1,747 (±$103) |
| 17 | Lisle Township | $1,690 (±$48) |
Showing 13 of 39 places in DuPage County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Oakbrook Terrace
What is the average rent in Oakbrook Terrace, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Oakbrook Terrace is $1,875 (±$92) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Oakbrook Terrace?
In Oakbrook Terrace, the median gross rent went from $1,584 in 2015–2019 to $1,875 in 2020–2024 (+18.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Oakbrook Terrace cost more than $2,000 a month?
36.8% of rented homes in Oakbrook Terrace have a gross rent of $2,000 or more a month, and 1.0% cost less than $500.
Is rent in Oakbrook Terrace higher than in DuPage County?
In Oakbrook Terrace, median gross rent is higher than in DuPage County ($1,688).
It is also higher than in Illinois ($1,274).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oakbrook Terrace city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Oakbrook Terrace city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Oakbrook Terrace city, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Oakbrook Terrace city, Illinois (place:54560, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Homeowner costs in Oakbrook Terrace
- Property taxes in Oakbrook Terrace
- Types of homes in Oakbrook Terrace
- Bedrooms in Oakbrook Terrace
- Age of homes in Oakbrook Terrace
- Vacancy rate in Oakbrook Terrace
- Heating fuel in Oakbrook Terrace
- Commute and cars in Oakbrook Terrace
- Crime reported to police in Oakbrook Terrace
- Population growth in Oakbrook Terrace
- How long people stay in Oakbrook Terrace
- Crowding and facilities in Oakbrook Terrace
- Illinois landlord and tenant rules
- Housing across DuPage County
- Illinois places ranked by median rent
- Housing data for every place in Illinois