Oakbrook Terrace

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Oakbrook Terrace, IL Area Guide

Avg Rent

$2,058

Population

3,913

Renter Mix

59% Rent

Savor outdoor recreation in this convenient DuPage County location

Suburban Scenic Lush Active Upscale Convenient Accessible Commuter

Located about 18 miles west of Chicago, Oakbrook Terrace is a lush suburb surrounded by an array of parks, meadows, woods, and forest preserves. While Oakbrook Terrace offers a scenic environment with many opportunities for enjoying the outdoors, the city is also home to a vibrant office and retail corridor. The expansive Oakbrook Center and numerous surrounding shopping centers provide abundant retail delights while several offices employ many in the Oakbrook Terrace community.

Oakbrook Terrace is convenient to a wide range of restaurants, golf courses, and country clubs. The Drury Lane facility is also located in Oakbrook Terrace, hosting Broadway shows, local productions, dinners, and various events. The sprawling Morton Arboretum is just a short drive from Oakbrook Terrace in addition to attractions like Brookfield Zoo, Safari Land, and Toyota Park. Commuting and traveling from Oakbrook Terrace is a breeze with access to O’Hare International Airport, Chicago Midway International Airport, and four major highways.

Demographics

Median Household Income

$76,731

Average: $82,914

Education

1,541

Residents Have a Degree

Job Market

2,050

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

39 Years

Largest Age Group

25-34 Years

Approximately 18% of Residents

Under 20

20%

Over 65

20%

Housing Distribution

Oakbrook Terrace has more renters than homeowners.

Renters
59%
Non-Renters
41%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
36%
Other Education
64%

Rent Trends

As of April 2026, the average apartment rent in Oakbrook Terrace, IL is $1,637 for a studio, $2,064 for one bedroom, $2,738 for two bedrooms, and $3,152 for three bedrooms. Apartment rent in Oakbrook Terrace has increased by 2.5% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,064/month
770 Sq Ft
See Rental Market Trends in Oakbrook Terrace, IL

Getting Around

Moderately Walkable

Walkability

70 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Stella May Swartz Elementary School

Public

Grades K-5

150 Students

Points of Interest

Parks and Recreation

  • Mayslake Forest Preserve
  • York Woods Forest Preserve
  • Lyman Woods Interpretive Center
  • Fullersburg Woods Nature Center
  • Lizzadro Museum of Lapidary Art

Airports

  • Chicago Midway International
  • Chicago O'Hare International

Top Apartments in Oakbrook Terrace

Houses for Rent in Oakbrook Terrace

Search Nearby Rentals

Methodology

† 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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.