
Home Price Key
These days, finding an affordable place to live in the Oak Forest area can be challenging. Home prices in Oak Forest are now at a median cost of $186,402, higher than the Indiana average of $175,617.
The average cost of rent is $760/mo in Oak Forest, primarily driven by the current value of real estate in the Oak Forest area. While nearly 42.14% of residents own their homes outright in Oak Forest, 15.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Forest is $5,872 per month. Households that rent pay about 12.95% of their income on rent here. Oak Forest's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Brookville, IN: less expensive homes
- Metamora, IN: less expensive homes
- Peppertown, IN: higher priced homes
- New Fairfield, IN: equally priced homes
- Morris, IN: higher priced homes
- Penntown, IN: higher priced homes
- Oldenburg, IN: higher priced homes
- Whitcomb, IN: equally priced homes
- St. Leon, IN: higher priced homes
- New Trenton, IN: higher priced homes
Cities with Similar Populations
- Omaha, GA: equally priced homes
- Oskaloosa, IL: less expensive homes
- Orville, KY: less expensive homes
- Orum, NE: higher priced homes
- Oriole, PA: equally priced homes
- Origanna, MO: less expensive homes
- Ordbend, CA: higher priced homes
- Orchard Beach, PA: less expensive homes
- Omega, MS: less expensive homes
- Ottenheim, KY: less expensive homes
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