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Newest Homes for Rent in Oakbrook Terrace, IL

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  • /56

    Starting at $1,648 Per Month

    • Studio - 3 Beds

    17W720 Butterfield Rd, Oakbrook Terrace, IL 60181

    Live in an apartment home you deserve! Count on our proven record of superior service, local/long-term management and a committed customer-focused staff meeting the needs of thousands of highly satisfied residents. The spacious cut of the floor plans gives you larger living areas. Combine all this with an extremely convenient location and the finest that Oakbrook has to offer. Versailles on the

    Versailles on the Lakes Oakbrook*

    17W720 Butterfield Rd, Oakbrook Terrace, IL 60181
  • /63

    Starting at $2,200 Per Month

    • 1 - 3 Beds

    18-070 W Royce Blvd, Oakbrook Terrace, IL 60181

    Surrounded by beautiful views and exuding sophistication, Arden of Oakbrook Apartments offers a luxurious collection of apartments in Oakbrook Terrace. Nestled on Royce Blvd., close to Midwestern University, and 20 miles from Chicago, IL, our community is ready to redefine carefree living. Make the first step towards quality living and call us today for more details or to schedule a tour!

    Arden of Oak Brook

    18-070 W Royce Blvd, Oakbrook Terrace, IL 60181
  • /26

    $4,400 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,800 Sq Ft
    • House for Rent

    1617 Astor Ave Unit 12, Villa Park, IL 60181

    VERY SPACIOUS 3 BEDROOM 3.5 BATH WITH BEAUTIFUL HARDWOOD FLOORS. NEW CARPET IN THE BEDROOMS, FULL FINISHED BASEMENT WITH LOTS OF STORAGE.GRANITE COUNTERTOPS IN KITCHEN. LAUNDRY ON THE 2ND FLOOR WITH NEWER WASHER AND DRYER. WALK IN CLOSET IN MASTER BEDROOM WITH MASTER BATH .ACCESS PRIVATE YARD FROM SLIDING GLASS DOORS IN KITCHEN OR FRENCH DOORS IN THE DINING AREA .MINUTES FROM OAK BROOK MALL AND

    Maureen Nesbitt Baird & Warner

    1617 Astor Ave Unit 12, Villa Park, IL 60181
  • /31

    $3,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,482 Sq Ft
    • Townhouse for Rent

    3 Charlotte Cir, Elmhurst, IL 60126

    Prepare to be impressed with this completely rehabbed and adorable 2 Story townhome rental in sought-after Astoria Place. How amazing would it be to live in essentially a brand new place! Owners redid everything! Kitchen has all new beautiful cabinets, Quartz countertops, and stainless steel appliances...plus a breakfast bar! 2 and 1/2 brand new baths with new tile, vanities, commodes, mirrors,

    Susan Hoerster L.W. Reedy Real Estate

    3 Charlotte Cir, Elmhurst, IL 60126
  • /17

    $4,300 Per Month

    • 4 Beds
    • 2 Baths
    • 1,513 Sq Ft
    • House for Rent

    1S526 Nimitz Rd, Oakbrook Terrace, IL 60181

    Beautifully renovated 4-bedroom, 2-bath home in the highly desirable Oakbrook Terrace area! This move-in-ready home features refinished hardwood floors, abundant natural light, and a stunning new kitchen with stainless steel appliances, granite countertops, a large island, and beverage refrigerator. The main level offers 3 spacious bedrooms and an updated full bath. The finished lower level

    Yvette Kirchhoff Charles Rutenberg Realty of IL

    1S526 Nimitz Rd, Oakbrook Terrace, IL 60181
  • /18

    $3,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • Townhouse for Rent

    17W764 Lowell Ln, Villa Park, IL 60181

    RARE FIND! 2 story, 3 bedrooms, 2.5 Baths home in great location between Oak brook & Yorktown shopping malls, close to restaurants, Elmhurst Hospital & less than 2 miles away to major Expressways ( I-88, 290 & 294). Pace & school buses are few steps away. This beautiful home has so much to offer, including hardwood floors throughout, remodeled beautiful Master bathroom and newer water heater.

    Mona Farag Coldwell Banker Realty

    17W764 Lowell Ln, Villa Park, IL 60181

Frequently Asked Questions

How much does it cost to rent a home in Oakbrook Terrace, IL?
The median rent for a home in Oakbrook Terrace, IL is $4,300 per month, though prices vary by neighborhood, size, and property type. As of July 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 Oakbrook Terrace, IL?
To comfortably afford the median rent in Oakbrook Terrace, IL, a household needs to earn roughly $172,000 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 $4,300 per month in Oakbrook Terrace, IL, renters typically need to show $12,900 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 Oakbrook Terrace, IL?
In Oakbrook Terrace, IL, the price-to-rent ratio is 5.7, 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 Oakbrook Terrace, IL are best for renting a home?
The best neighborhood for renting in Oakbrook Terrace, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Lombard, North Lombard, North Westmont and South Westmont, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$4,300
Median Single Family Home Rent
$4,300
Median Condo Rent
$3,550
How to Rent a Home