Oak Park Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Illinois, United States
Is Airbnb profitable in Oak Park in 2025? Explore comprehensive Airbnb analytics for Oak Park, Illinois, United States to uncover income potential. This 2025 STR market report for Oak Park, based on AirROI data from April 2024 to March 2025, reveals key trends in the market of 212 active listings.
Whether you're considering an Airbnb investment in Oak Park, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Oak Park Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Oak Park Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Oak Park (2025)
Understanding the monthly revenue variations for Airbnb listings in Oak Park is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Oak Park is typically June, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Oak Park across different performance tiers:
- Best-in-class properties (Top 10%) achieve $5,353+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,648 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,468 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,173, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Oak Park
Oak Park Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Oak Park STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while January experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Oak Park:
- Best-in-class properties (Top 10%) achieve 86%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 71% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 54%.
- Entry-level properties (Bottom 25%) average 30% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Oak Park
Average Daily Rate (ADR) Airbnb Trends in Oak Park (2025)
Effective short term rental pricing strategy in Oak Park involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Oak Park typically peaks in June and dips lowest during February. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $321+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $187 or more.
- Typical properties (Median) charge around $126 per night.
- Entry-level properties (Bottom 25%) earn around $76 per night.
Average Daily Rate (ADR) Trend by Month in Oak Park
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Airbnb Seasonality Analysis & Trends in Oak Park (2025)
Peak Season (June, May, August)
- Revenue averages $3,672 per month
- Occupancy rates average 60.0%
- Daily rates average $174
Shoulder Season
- Revenue averages $2,870 per month
- Occupancy maintains around 53.2%
- Daily rates hold near $167
Low Season (January, February, March)
- Revenue drops to average $1,767 per month
- Occupancy decreases to average 39.3%
- Daily rates adjust to average $154
Seasonality Insights for Oak Park
- The Airbnb seasonality in Oak Park shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Oak Park's highest earning potential, with monthly revenues capable of climbing to $3,884, occupancy reaching a high of 65.3%, and ADRs peaking at $175.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,543, occupancy could drop to 38.6%, and ADRs may adjust down to $151.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Oak Park.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Oak Park seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Oak Park (2025)
Exploring the top neighborhoods for short-term rentals in Oak Park? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Downtown Oak Park | Central business district with diverse dining and shopping options. Ideal for guests seeking convenience and access to public transportation. | Frank Lloyd Wright Home and Studio, Oak Park Public Library, Scoville Park, The Oak Park Arts District, Lake Theatre |
| Oak Park Historic District | Charming, historic neighborhood known for well-preserved architecture and tree-lined streets. Attractive to visitors interested in history and culture. | Frank Lloyd Wright Trust, Unity Temple, Ridgeland Common Park, The Hemingway Museum, Popeye's Restaurant |
| Avondale | A family-friendly neighborhood with parks and local shops. Good for longer stays and families visiting the area. | Woods Park, Avondale Park, local coffee shops, family-friendly restaurants, community events |
| Farmers Park | Green, quiet neighborhood perfect for relaxing stays, with easy access to parks and outdoor activities. | Farmers Market, Oak Park Conservatory, Rehm Park, walking trails, picnic areas |
| North Oak Park | Residential area close to amenities and public transit, making it convenient for urban travelers. Quiet and cozy. | Scoville Park, Oak Park Village Hall, community parks, local eateries, shopping centers |
| South Oak Park | A diverse neighborhood with a mix of residential homes and local businesses. Good for experiencing local culture and community. | Austin Gardens, local shops, community art projects, outdoor festivals, neighborhood parks |
| River Forest | Bordering Oak Park, offers a suburban feel with easy access to the city. Attractive for families and business travelers alike. | River Forest Country Club, Keystone Park, local boutiques, Forest Preserve District, public transportation |
| West Suburban Hospital Area | Proximity to hospitals and medical facilities makes this area ideal for traveling healthcare professionals or patients and families visiting for medical reasons. | West Suburban Medical Center, local dining options, parks nearby, transportation access, community events |
Understanding Airbnb License Requirements & STR Laws in Oak Park (2025)
While Oak Park, Illinois, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Oak Park to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 1% licensed listings)
Top Performing Airbnb Properties in Oak Park (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Oak Parkbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Oak Park 3000 sq ft, sleeps 16
Entire Place • 6 bedrooms
King Bed, 4 Queen, Frank Loyd Wright District
Entire Place • 5 bedrooms
Modern Victorian Charm | A+ Location in OP
Entire Place • 4 bedrooms
Charming Oak Park 4bd/3.5ba and 2 Private Parking
Entire Place • 4 bedrooms
The Maple Place
Entire Place • 2 bedrooms
The Chicago Game Room (Oak Park, IL)
Entire Place • 4 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Oak Park (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Oak Park based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Anne | 6 | $261,558 | 1818 | 4.87/5.0 |
| Evolve | 5 | $236,495 | 173 | 4.66/5.0 |
| Matthew | 3 | $213,594 | 163 | 4.95/5.0 |
| Ali | 7 | $198,208 | 230 | 4.02/5.0 |
| Michael | 4 | $192,684 | 208 | 4.93/5.0 |
| Kevin | 17 | $178,221 | 528 | 4.55/5.0 |
| Gabriela | 2 | $166,412 | 112 | 4.95/5.0 |
| Jim And Emma | 36 | $163,804 | 609 | 3.41/5.0 |
| Mike | 1 | $151,394 | 43 | 4.93/5.0 |
| Dawn | 2 | $149,742 | 100 | 4.86/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Oak Park.
Dive Deeper: Advanced Oak Park STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Oak Park. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsOak Park Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Oak Park
- The Oak Park Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 75% of the 212 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Oak Park, Apartment/Condo properties are the most common (56.1%), reflecting the local real estate landscape.
- Houses represent a significant 38.2% portion, catering likely to families or larger groups.
- Smaller segments like hotel/boutique, others (combined 5.7%) offer potential for unique stay experiences.
Oak Park Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Oak Park
- The dominant room capacity in Oak Park is 2 bedrooms listings, making up 30.7% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 2 bedrooms and 1 bedroom properties represent 55.7% of the active Airbnb listings in Oak Park, indicating a high concentration in these sizes.
- A significant 27.0% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Oak Park.
Oak Park Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Oak Park
- The most common guest capacity trend in Oak Park vacation rentals is listings accommodating 4 guests (18.4%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 6 guests dominate the Oak Park STR market, accounting for 34.9% of listings.
- 32.6% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Oak Park.
- On average, properties in Oak Park are equipped to host 4.0 guests.
Oak Park Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Oak Park
- The most common availability pattern in Oak Park falls within the 91-180 days range, representing 35.8% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 53.3% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 181-270 days range is most frequent in Oak Park (35.8%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 48.5% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Oak Park Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
71 listings
36.2% of total
2 Nights
55 listings
28.1% of total
3 Nights
13 listings
6.6% of total
4-6 Nights
11 listings
5.6% of total
7-29 Nights
2 listings
1% of total
30+ Nights
44 listings
22.4% of total
Key Insights
- The most prevalent minimum stay requirement in Oak Park is 1 Night, adopted by 36.2% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (64.3%) of the Oak Park Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
- A significant segment (22.4%) caters to monthly stays (30+ nights) in Oak Park, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 36.2% of Oak Park hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 22.4% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Oak Park.
Oak Park Airbnb Cancellation Policy Trends Analysis (2025)
Non-refundable
1 listings
0.5% of total
Super Strict 30 Days
5 listings
2.7% of total
Refundable
1 listings
0.5% of total
Flexible
30 listings
16% of total
Moderate
45 listings
23.9% of total
Firm
32 listings
17% of total
Strict
74 listings
39.4% of total
Cancellation Policy Insights for Oak Park
- The prevailing Airbnb cancellation policy trend in Oak Park is Strict, used by 39.4% of listings.
- A majority (56.4%) of hosts in Oak Park utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 39.4% market standard in Oak Park.
- With 39.4% using Strict terms, this is a viable option in Oak Park, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in Oak Park.
Oak Park STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Oak Park
- The overall average booking lead time for vacation rentals in Oak Park is 35 days.
- Guests book furthest in advance for stays during July (average 55 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in March (average 27 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (51 days avg.) sees the longest lead times, while Winter (34 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (35 days) as a baseline for your pricing and availability strategy in Oak Park.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 55 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 51 days) to capture early planners.
- Monitor your own booking lead times against these Oak Park averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Oak Park (2025)
Amenity Prevalence
Amenity Insights for Oak Park
- Essential amenities in Oak Park that guests expect include: Wifi, Smoke alarm, Carbon monoxide alarm, Air conditioning, Hot water, Heating, TV, Kitchen. Lacking these (any) could significantly impact bookings.
- Popular amenities like Dishes and silverware, Iron are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Oak Park: Wifi, Smoke alarm, Carbon monoxide alarm, Air conditioning, Hot water, Heating, TV, Kitchen.
- Prioritize adding missing essentials: Smoke alarm, Carbon monoxide alarm, Air conditioning, Hot water, Heating, TV, Kitchen.
- Consider adding popular differentiators like Dishes and silverware or Iron to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Oak Park to stay competitive.
Oak Park Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Oak Park
- The typical guest profile for Airbnb in Oak Park consists of primarily domestic travelers (87%), often arriving from nearby Chicago, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 87.4% of guests.
- Key international markets include United States (87.4%) and Canada (2.6%).
- Top languages spoken are English (64.6%) followed by Spanish (15.1%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Chicago and New York.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Oak Park Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Town of Sugar Creek | 17 | $8,213 | $658.36 | 50% |
| Twin Lakes | 26 | $6,719 | $515.43 | 45% |
| Fennville | 10 | $5,326 | $372.77 | 44% |
| Saugatuck Township | 140 | $5,282 | $462.94 | 43% |
| Laketown Township | 62 | $5,207 | $457.63 | 45% |
| Port Sheldon Township | 27 | $5,185 | $511.35 | 52% |
| Lake Geneva | 167 | $4,958 | $408.65 | 44% |
| Lake Villa | 10 | $4,889 | $294.85 | 57% |
| McHenry | 31 | $4,820 | $436.41 | 44% |
| New Buffalo Township | 253 | $4,731 | $602.57 | 36% |