Median Age
39 Years
Largest Age Group
25-34 Years
Approximately 18% of Residents
Under 20
20%
Over 65
20%
Avg Rent
$2,030
Population
3,913
Renter Mix
59% Rent
Oakbrook Terrace packs a lot of living into just two square miles. This compact DuPage County suburb sits about 18 miles west of Chicago and strikes a balance between a polished office and retail corridor and the kind of quiet, green surroundings that make it easy to decompress after a long day. Forest preserves, meadows, and wooded trails ring the city, while the Morton Arboretum is only a short drive away in Lisle. Drury Lane Theatre, a long-standing cultural institution right in town, draws crowds from across the western suburbs for Broadway-caliber productions and special events year-round. The city originally carried the name Utopia, a fitting moniker given its proximity to Oakbrook Center, major highway corridors, and two international airports.
The rental landscape reflects the area's suburban character, with well-appointed apartment communities ranging from spacious mid-rise buildings to condo-style units. Several nearby colleges, including Elmhurst University and College of DuPage, add an intellectual energy to the broader area. Whether you work locally along the Butterfield Road corridor or commute to Chicago via Metra, Oakbrook Terrace offers the kind of polished, park-adjacent suburban living that is hard to match at its price point in DuPage County.
A short drive away, take in the wonders of Lapidary Art at The Lizzadro Museum.
Enjoy a picnic at the Heritage Park shelter.
Explore the Lake View Nature Center.
Walking path and playground at Heritage Park.
The recreation center hosts a variety of activities.
The Drury Lane Theatre puts on amazing shows.
Median Household Income
$76,731
Average: $82,914
Education
1,541
Residents Have a Degree
Job Market
2,050
Workers Employed
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.
Education Distribution
Review this city's overall education levels.
As of September 2026, the average apartment rent in Oakbrook Terrace, IL is $1,667 for a studio, $2,030 for one bedroom, $2,787 for two bedrooms, and $3,153 for three bedrooms. Apartment rent in Oakbrook Terrace has increased by 6.6% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Oakbrook Terrace, IL is for everyday living.
Moderately Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Stella May Swartz Elementary School
Public
Grades K-5
159 Students
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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 September 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.