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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 $242,532, lower than the Texas average of $322,096.
The average cost of rent is $555/mo in Oak Forest, primarily driven by the current value of real estate in the Oak Forest area. In Oak Forest, 24.34% of households rent, and 83.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Forest is $3,980 per month. Households that rent pay about 13.95% of their income on rent here. Oak Forest’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Monthalia, TX: less expensive homes
- Cost, TX: less expensive homes
- Bebe, TX: less expensive homes
- Leesville, TX: higher priced homes
- Gonzales, TX: less expensive homes
- Luling, TX: less expensive homes
- Harwood, TX: less expensive homes
- McNeil, TX: equally priced homes
- Nickel, TX: equally priced homes
- Kingsbury, TX: higher priced homes
Cities with Similar Populations
- McLemoresville, TN: less expensive homes
- Morse, IA: higher priced homes
- Monte Nido, CA: higher priced homes
- Millhousen, IN: less expensive homes
- Miles Station, IL: less expensive homes
- Midland, OR: higher priced homes
- Middle Granville, NY: less expensive homes
- Melvin Village, NH: higher priced homes
- Melbern, OH: less expensive homes
- Meadowview Estates, KY: higher priced homes
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