
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 $130,862, lower than the Kentucky average of $164,895.
The average cost of rent is $713/mo in Oak Forest, primarily driven by the current value of real estate in the Oak Forest area. While nearly 54.98% of residents own their homes outright in Oak Forest, 17.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Forest is $4,060 per month. Households that rent pay about 17.57% of their income on rent here. Oak Forest's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Walnut Hill, KY: equally priced homes
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- Fountain Run, KY: less expensive homes
- Tracy, KY: equally priced homes
- Austin, KY: equally priced homes
Cities with Similar Populations
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