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Studio Apartment for Rent in Oak Brook, IL

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    $2,039 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Chicago - Lombard - Oak Brook

    2701 Technology Dr, Lombard, IL 60148

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    2701 Technology Dr, Lombard, IL 60148

Why Live in Oak Brook

Oak Brook, IL, located 20 miles from downtown Chicago, is an affluent village known for its equestrian and polo culture. The Oak Brook Polo Club, established in 1922, hosts international teams and Sunday matches that attract visitors from across Chicago. The village boasts 82 acres of greenery, including Central Park with its walking and biking trails, turf fields, fishing ponds, and playgrounds. Residents enjoy high-end shopping and dining at Oakbrook Center, the second-largest mall in the Chicago metro area, featuring 175 stores and restaurants. Historic establishments like York Tavern offer a variety of dining options. Homes in Oak Brook are predominantly French-inspired, situated on large lots often exceeding an acre, with styles ranging from Greek Revivals to Queen Annes. The gated community of Hunter Trails features homes with expansive properties suitable for horse ownership. Major employers in Oak Brook include Ronald McDonald House Charities and Dominick's Finer Foods. The village is served by Butler School District No. 53, with highly rated Brook Forest Elementary School and Butler Junior High School. For higher education, the nearby College of DuPage Westmont Regional Center offers extensive programs. While Oak Brook lacks a direct train line to Chicago, residents can access the Union Pacific West line in neighboring Elmhurst. Interstate 88 and Interstate 294 provide convenient road access, and O’Hare International Airport is 15 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Oak Brook, IL?
The median rent for a home in Oak Brook, IL is $4,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Oak Brook, IL?
To comfortably afford the median rent in Oak Brook, IL, a household needs to earn roughly $160,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,000 per month in Oak Brook, IL, renters typically need to show $12,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Oak Brook, IL?
In Oak Brook, IL, the price-to-rent ratio is 15.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Oak Brook, IL are best for renting a home?
The best neighborhood for renting in Oak Brook, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include River North, Edgewater, South Lombard and Seven Bridges, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$4,000
Median Single Family Home Rent
$4,800
Median Condo Rent
$3,775
How to Rent a Home