Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Oak Park area can be challenging. Home prices in Oak Park are now at a median cost of $387,938, higher than the Illinois average of $242,002.
The average cost of rent is $1,431/mo in Oak Park, primarily driven by the current value of real estate in the Oak Park area. While nearly 27.05% of residents own their homes outright in Oak Park, 37.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Park is $9,864 per month. Households that rent pay about 14.50% of their income on rent here. Oak Park's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Forest Park, IL: less expensive homes
- River Forest, IL: higher priced homes
- Berwyn, IL: less expensive homes
- Elmwood Park, IL: less expensive homes
- Maywood, IL: less expensive homes
- Cicero, IL: less expensive homes
- Hines, IL: less expensive homes
- North Riverside, IL: less expensive homes
- Broadview, IL: less expensive homes
- River Grove, IL: less expensive homes
Cities with Similar Populations
- Aloha, OR: equally priced homes
- Westfield, IN: less expensive homes
- Richmond, KY: less expensive homes
- North Highlands, CA: less expensive homes
- Hollister, CA: higher priced homes
- Hacienda Heights, CA: higher priced homes
- Gallatin, TN: less expensive homes
- Fuquay-Varina, NC: less expensive homes
- Fond Du Lac, WI: less expensive homes
- Fairfield, CT: higher priced homes
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