Median Age
39 Years
Largest Age Group
25-34 Years
Approximately 18% of Residents
Under 20
20%
Over 65
20%
Avg Rent
$2,058
Population
3,913
Renter Mix
59% Rent
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.
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 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.
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
150 Students
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Data provided by
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© 2026. All rights reserved.
† 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.