Rentometer, Inc. | Data as of 10/22/2025
Oak Forest, Illinois, offers a welcoming blend of suburban tranquility and convenient access to the greater Chicago metropolitan area. Residents enjoy tree‑lined streets, well‑maintained parks such as Clear Lake Park, and a close‑knit community feel that makes the city an attractive choice for families, professionals, and retirees alike. The local transit options, including Metra’s Rock Island line and major thoroughfares like 159th Street, provide easy commutes to downtown Chicago, while a variety of dining, shopping, and recreational amenities keep daily life comfortable and enjoyable.
The rental market in Oak Forest reflects the city’s diverse housing stock. Two‑bedroom apartments typically rent in the $900s, with median figures just under $900, offering affordable options for singles and couples. For those seeking more space, two‑bedroom houses command a higher tier, averaging around the $1300 range and featuring median rents near $1700, often with private yards and additional storage. Larger families can find three‑bedroom homes with average rents in the $2500 bracket and median values approaching $2800, while four‑plus bedroom houses sit at the upper end of the market, averaging close to $2800 and medians similarly high. This range of price points supports a variety of lifestyle preferences, from starter apartments to spacious family homes.
Oak Forest’s neighborhoods each bring unique character, from the historic Oak Forest Village district with its charming bungalows to newer developments near the commercial corridor that blend modern design with convenience. Proximity to cultural attractions like the Oak Forest Heritage Center and easy access to surrounding natural areas make the city a well‑rounded place to call home, while its stable rental market provides confidence for both renters and property owners.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $942 | $875 | $800 - $1,305 | $800 - $1,100 |
| House | 2 Bedroom | $1,323 | $1,297 | $800 - $1,900 | $900 - $1,900 |
| House | 3 Bedroom | $2,507 | $2,777 | $1,000 - $3,299 | $2,400 - $3,000 |
| House | 4+ Bedroom | $2,840 | $2,800 | $2,370 - $3,400 | $2,599 - $3,100 |
In the current period, the average rent in Oak Forest was
$1,027 for 2 Bedroom,
$2,446 for 3 Bedroom, and
$2,814 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.