Oak Park, IL
Full City Profile · Illinois · Cook County County
3.8
/5.0
B+
Good
53,315
Population
11,344/sq mi density
$108,026
Median Income
$69,420 per capita
$456,300
Home Value
$449,363 Zillow
$1,456
Median Rent
27.7% income on rent
52°F
Avg Temperature
275 sunny days/yr
298
Violent Crime/100K
3,047 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$108,026 median income, 3.9% unemployment
A
Affordability
4.3 / 5.0
$456,300 home value, $1,456/mo rent
F
Safety
1.0 / 5.0
298 violent crimes/100K
A+
Education
5.0 / 5.0
72.5% bachelor's degree or higher
Housing Overview
Median Home Value
$456,300
62% above
US avg: $281,900
Median Rent
$1,456/mo
25% above
US avg: $1,163/mo
Homeownership Rate
60.7%
7% below US avg (65.4%)
Total Housing Units
24,708
Median year built: 1938
Home Value by Source
Census Median
$456,300
Zillow (ZHVI)
$449,363
Median Sale Price
$382,500
Median List Price
$412,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.7%
Owner-Occupied
39.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,456/mo
· Zillow rent:
$2,038/mo
Market Indicators (Redfin)
Median Days on Market
61 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
30
Price Drops
4.0%
of listings with price reduction
Price Per Sq Ft
$258
Active Inventory
99
homes for sale
Affordability & Housing Stock
Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
60.7%
Complete Housing Data
Home Values
| Census Median Value | $456,300 |
| Zillow Home Value (ZHVI) | $449,363 |
| Median Sale Price | $382,500 |
| Median List Price | $412,500 |
| Price Per Sq Ft | $258 |
Rent
| Census Median Rent | $1,456 |
| Zillow Rent (ZORI) | $2,038 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 61 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 4.0% |
| Homes Sold | 30 |
| Active Inventory | 99 |
| Price Per Sq Ft | $258 |
Ownership & Stock
| Owner-Occupied | 60.7% |
| Renter-Occupied | 39.3% |
| Homeownership Rate | 60.7% |
| Total Housing Units | 24,708 |
| Median Year Built | 1938 |
| Rent Burden | 27.7% |
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