Apartments & Condos for Rent in Oak Park, MI

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What to Know About

Life in Oak Park & Beyond

Oak Park shares many of the great qualities that make Michigan a desirable place to live.

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Oak Park, MI

As of March 2025, Oak Park's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oak Park's average rent is 2.8% ($38) lower than the Michigan average of $1,376 and 25.2% ($450) lower than the U.S. average of $1,788.

Average Rent
$1,338
Monthly ChangeMonth Over Month Change
Increased0.2% ($3)
Yearly ChangeYear Over Year Change
Decreased5.4% ($76)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,298 Increased25.9% ($267) Increased15.3% ($172)
2 Beds $1,697 Increased30.2% ($394) Increased19.8% ($281)
3 Beds $2,173 Increased25.7% ($444) Increased32.9% ($538)
Nearby Cities Average Rent Avg. Rent vs. Oak ParkAverage Rent vs. Oak Park Avg. Days on MarketAverage Days on Market
Ferndale $1,269 Decreased5.2% ($69) 38 days
Berkley $1,274 Decreased4.8% ($64) 34 days
Royal Oak $1,407 Increased5.2% ($69) 74 days
Southfield $1,246 Decreased6.9% ($92) 35 days
Hazel Park $1,392 Increased4% ($54) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oak Park Rental Market FAQs

Explore rental prices, market trends, and availability in Oak Park, MI.

The average rent in Oak Park, MI is $1,338 per month.
Apartments in Oak Park typically rent for between $909 and $2,825 per month, with an average of $1,338 per month.
In Oak Park, the average rent for a 1-bedroom apartment is $1,298 per month, for a 2-bedroom apartment, $1,697 per month, and a 3-bedroom apartment is $2,173 per month.
The average rent in Oak Park is 25.2% ($450) lower than the national average of $1,788 per month.
The average rent in Oak Park has increased by 0.2% ($3) in the last month and decreased by 5.4% ($76) over the past year.
The rental market in Oak Park, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Oak Park, MI, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Oak Park, MI.
Based on the current averages, a household would need an annual income of $67,880 to comfortably afford a 2-bedroom apartment in Oak Park.
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