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Oakbrook Terrace, IL

Full City Profile · Illinois · Cook County County

3.6 /5.0
B+ Good
2,714 Population 2,072/sq mi density
$70,586 Median Income $44,073 per capita
$315,600 Home Value $407,772 Zillow
$1,830 Median Rent 29.1% income on rent
51°F Avg Temperature 275 sunny days/yr
519 Violent Crime/100K 5,142 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$70,586 median income, 2.6% unemployment
A
Affordability
4.2 / 5.0
$315,600 home value, $1,830/mo rent
F
Safety
1.0 / 5.0
519 violent crimes/100K (37% above avg)
A+
Education
5.0 / 5.0
55.5% bachelor's degree or higher

Housing Overview

Median Home Value
$315,600
12% above
US avg: $281,900
Median Rent
$1,830/mo
57% above
US avg: $1,163/mo
Homeownership Rate
25.9%
60% below US avg (65.4%)
Total Housing Units
1,365
Median year built: 1976

Home Value by Source

Census Median
$315,600
Zillow (ZHVI)
$407,772
Median Sale Price
$240,500
Median List Price
$320,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

25.9%
Owner-Occupied
74.1%
Renter-Occupied
26%
74%
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: $1,830/mo · Zillow rent: $2,077/mo

Market Indicators (Redfin)

Median Days on Market
83 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
25.9%

Complete Housing Data

Home Values

Census Median Value$315,600
Zillow Home Value (ZHVI)$407,772
Median Sale Price$240,500
Median List Price$320,000
Price Per Sq Ft$203

Rent

Census Median Rent$1,830
Zillow Rent (ZORI)$2,077
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 Market83
Sale-to-List Ratio1.0%
Price Drops12.5%
Homes Sold4
Active Inventory8
Price Per Sq Ft$203

Ownership & Stock

Owner-Occupied25.9%
Renter-Occupied74.1%
Homeownership Rate25.9%
Total Housing Units1,365
Median Year Built1976
Rent Burden29.1%