Oak Brook renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Oak Brook is about $1,394 per month. This puts it in the 92nd percentile compared to the state average cost of rent, which is $1,235. Households in Oak Brook have a median income of $11,213 per month so the average renter in Oak Brook is spending roughly 12% of their earnings on housing.
Nationally, and in Oak Brook, home values are the data point most closely correlated with the cost of rent. The median price of a home in Oak Brook is $734,054 right now, which is higher than nearby cities, meaning that rents in Oak Brook also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Oak Brook while lower rent rates are often available in central areas.
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