ReNew Oak Park
150 Forest Ave,
Oak Park, IL 60301
$2,202 - $3,390
1-2 Beds
Located just west of Chicago, Oak Park combines architectural history with modern living. This walkable village, spanning 4.7 square miles, features an impressive collection of Frank Lloyd Wright-designed homes and historic buildings, including his Home and Studio museum. The community offers housing options from classic apartment buildings to contemporary developments, with current average rents ranging from $1,277 for studios to $2,590 for three-bedroom units. The rental market has seen moderate growth, with rates increasing approximately 3.3% over the past year.
Oak Park connects easily to downtown Chicago via the Green and Blue Line "L" trains. The village features distinctive shopping areas along Lake Street and in the Harrison Street Arts District. Residents enjoy 80 acres of parkland spread across thirteen parks, including Scoville Park and Austin Gardens. The Oak Park Public Library system maintains three locations throughout the community. The area's historic commitment to fair housing practices has helped shape Oak Park into the welcoming community it is today, offering convenient access to city amenities while maintaining its distinct suburban character.
As of December 2025, the average apartment rent in Oak Park, IL is $1,312 for a studio, $1,624 for one bedroom, $2,346 for two bedrooms, and $2,585 for three bedrooms. Apartment rent in Oak Park has increased by 1.8% in the past year.
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Oliver W Holmes Elementary School
Public
Grades PK-5
486 Students
William Beye Elementary School
Public
Grades K-5
368 Students
Abraham Lincoln Elementary School
Public
Grades K-5
589 Students
Public
Grades K-5
526 Students
Public
Grades K-5
403 Students
Gwendolyn Brooks Middle School
Public
Grades 6-8
958 Students
Public
Grades 6-8
921 Students
Oak Park & River Forest High School
Public
Grades 9-12
3,304 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.