Cheap Apartments for Rent in Oakbrook Terrace, IL

2 rentals

Apartments For Rent Near Oakbrook Terrace, IL

We found 30 more apartments matching your filters just outside Oakbrook Terrace

Average Rent Trends in Oakbrook Terrace, IL

Rent in Oakbrook Terrace, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Nov 2025$2,201
Dec 2025$2,395
Jan 2026$2,309
Feb 2026$3,200
Mar 2026$2,946
Apr 2026$2,560
May 2026$2,253
Jun 2026$2,262
Jul 2026$3,500
Aug 2026$3,160
Sep 2026$2,891
Oct 2026$2,253
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$1,855$2,411$2,990—$2,304
Houses——$3,700—$3,700

Frequently Asked Questions about Rentals in Oakbrook Terrace, IL

  • What is the average rent of an apartment in Oakbrook Terrace, IL?
    The average rent of an apartment in Oakbrook Terrace, IL is $2,304 per month. This is about 19% higher than the national average.
  • What are the cheapest months to find an apartment to rent in Oakbrook Terrace, IL?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,750 per month.
  • How many cheap apartments are available in Oakbrook Terrace, IL?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $2,304.
  • When is the average rent most expensive in Oakbrook Terrace, IL?
    In the last year, the average rent in Oakbrook Terrace, IL was highest in Apr 2025 when it was $4,400 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Oakbrook Terrace, IL?
    The average rent of a 1 bedroom apartment in Oakbrook Terrace, IL is $1,855 per month. That is about $119 more than the cost of a studio apartment.
  • What are some cities near Oakbrook Terrace, IL?
    Some nearby cities include: Oak Brook, Villa Park, Lombard, Elmhurst, Hillside. These cities may have more rental options to explore.