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These days, finding an affordable place to live in the Oak Brook area can be challenging. Home prices in Oak Brook are now at a median cost of $798,516, higher than the Illinois average of $300,242.
The average cost of rent is $1,937/mo in Oak Brook, primarily driven by the current value of real estate in the Oak Brook area. In Oak Brook, 19.26% of households rent, and 54.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Brook is $11,886 per month. Households that rent pay about 16.30% of their income on rent here. Oak Brook’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oakbrook Terrace, IL: less expensive homes
- Clarendon Hills, IL: less expensive homes
- Westmont, IL: less expensive homes
- Villa Park, IL: less expensive homes
- Lombard, IL: less expensive homes
- Western Springs, IL: equally priced homes
- Hillside, IL: less expensive homes
- Elmhurst, IL: less expensive homes
- Westchester, IL: less expensive homes
- Hinsdale, IL: equally priced homes
Cities with Similar Populations
- Wonder Lake, IL: less expensive homes
- Arizona City, AZ: less expensive homes
- Asbury Lake, FL: less expensive homes
- York, NE: less expensive homes
- Atherton, CA: higher priced homes
- Attalla, AL: less expensive homes
- Wright City, MO: less expensive homes
- Woodstock, MD: less expensive homes
- Woodbine, MD: equally priced homes
- Wood-Ridge, NJ: less expensive homes
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