Home Insurance in Oakbrook Terrace, Illinois
The median home value in Oakbrook Terrace is $372,400, close to the DuPage County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Oakbrook Terrace was built around 1977. About 11% of homes were built before 1960, about 7 points below DuPage County's 18%.
The housing stock in Oakbrook Terrace is 27% single-family homes and 73% apartments in buildings with 5+ units.
In Oakbrook Terrace, about 47% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Oakbrook Terrace has an owner-occupancy rate of 25% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
In Oakbrook Terrace, 52% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Oakbrook Terrace? FEMA's National Risk Index points to tornado (Very High) in DuPage County and DuPage County had 3,337 active NFIP flood policies as of September 2026. See the full DuPage County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).
Key figures
| Median home value | $372,400 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 25% |
| Share of owner-occupied homes with a mortgage | 47% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in DuPage County | 3,337 |
| Home insurance premium | $1,480 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)