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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 $208,600, lower than the Louisiana average of $235,139.
The average cost of rent is $684/mo in Oak Forest, primarily driven by the current value of real estate in the Oak Forest area. In Oak Forest, 16.38% of households rent, and 48.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Forest is $2,500 per month. Households that rent pay about 27.36% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Humphreys, LA: equally priced homes
- Gibson, LA: equally priced homes
- Donner, LA: less expensive homes
- Crescent, LA: higher priced homes
- Schriever, LA: higher priced homes
- Chula, LA: less expensive homes
- Gray, LA: less expensive homes
- Leighton, LA: less expensive homes
- Bayou Cane, LA: equally priced homes
- Mandalay, LA: higher priced homes
Cities with Similar Populations
- Turner Douglass, WV: less expensive homes
- Codell, KS: less expensive homes
- Cold Bay, AK: less expensive homes
- Coppock, IA: higher priced homes
- Craigside, MS: less expensive homes
- Crocheron, MD: higher priced homes
- Crouch, VA: higher priced homes
- Crowtown, KY: less expensive homes
- Cuprum, ID: higher priced homes
- Cypress, IN: equally priced homes
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