
Home Price Key
These days, finding an affordable place to live in the Oak Lawn area can be challenging. Home prices in Oak Lawn are now at a median cost of $211,985, lower than the Illinois average of $242,002.
The average cost of rent is $1,240/mo in Oak Lawn, primarily driven by the current value of real estate in the Oak Lawn area. While nearly 41.30% of residents own their homes outright in Oak Lawn, 19.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Lawn is $6,783 per month. Households that rent pay about 18.27% of their income on rent here. Oak Lawn's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Hometown, IL: less expensive homes
- Chicago Ridge, IL: less expensive homes
- Burbank, IL: equally priced homes
- Evergreen Park, IL: equally priced homes
- Worth, IL: less expensive homes
- Alsip, IL: less expensive homes
- Bridgeview, IL: less expensive homes
- Merrionette Park, IL: less expensive homes
- Palos Hills, IL: equally priced homes
- Hickory Hills, IL: higher priced homes
Cities with Similar Populations
- Annandale, VA: higher priced homes
- Shoreline, WA: higher priced homes
- Margate, FL: higher priced homes
- La Crosse, WI: less expensive homes
- Venice, FL: higher priced homes
- Huntsville, TX: less expensive homes
- Houma, LA: less expensive homes
- Goleta, CA: higher priced homes
- Garner, NC: higher priced homes
- Wheaton, IL: higher priced homes
All Local Stats
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