Oak Forest, IL Rental Market Trends
The average rent for an apartment in Oak Forest is $1,041, a 1% increase compared to the previous year, when the average rent was $1,035.
Average Rent in Oak Forest, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,041||1%||816 sq. ft.|
The average size for a Oak Forest, IL apartment is 816 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Oak Forest, IL Apartment Rent Ranges
Oak Forest, IL Occupied Housing Units
- Renter-occupied Households31%
- Owner-occupied Households68%
3,204 or 31% of the households in Oak Forest, IL are renter-occupied while 7,019 or 68% are owner-occupied.
Oak Forest, IL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Oak Forest Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Oak Forest rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!