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Apartments in Oak Forest

1 - 7 of 7 Results
19
$1,575
15725 Thomas Ln Unit 3br
Oak Forest, IL
2 BR | Available Now
Contact
Balcony/Deck/Patio
Storage
Dishwasher
1
$870 - 970
Your Oasis In Oak Forest
15301-15312 Kilpatrick Oak Forest, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
10
$1,995
15505 Cicero Ave
Oak Forest, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
7
$1,575
15725 Thomas Ln Unit 3bl
Oak Forest, IL
2 BR | Available Now
Contact
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,215 - 1,535
Rustic Oaks
15963 Le Claire Ave Oak Forest, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Pool
Forestview Hills
1
$1,400
Reverb Apartments
15928-38 S Leclaire Ave Oak Forest, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Laramie Square
2
$1,150
5124 160Th St
Oak Forest, IL
1 BR | Available Now
Contact
Storage
Disability Access
Forestview Hills
1 - 7 of 7 Results
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  3. Oak Forest

How much does it cost to rent an apartment in Oak Forest?

Oak Forest Apartments
Bed Type Average Rent Range
Studio $870 $870 - $870
1BR $1,310 $970 - $1,400
2BR $1,560 $1,510 - $2,000
Frequently Asked Questions

How many apartments are available in Oak Forest, IL on Rentable.co?

Rentable.co has over 262 apartments available in Oak Forest.

What is the average rent for a studio apartment in Oak Forest, IL?

The average rent for a studio apartment in Oak Forest is around $870 per month.

What is the average rent for a one-bedroom apartment in Oak Forest, IL?

The average rent for a one-bedroom apartment in Oak Forest is around $1,310 per month.

What is the average rent for a two-bedroom apartment in Oak Forest, IL?

The average rent for a two-bedroom apartment in Oak Forest is around $1,560 per month.

How expensive is it to rent an apartment in Oak Forest, IL?

For a two-bedroom apartment in Oak Forest, the average rent price is $1,560 per month, which is similar to the national average of $1,600 per month.

Can I afford an apartment for rent in Oak Forest, IL?

Based on average rent prices in Oak Forest, to afford a studio apartment you would need an annual household income of $35,000 to live comfortably.

Neighborhoods

Fieldcrest
Forestview Hills

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Oak Forest:
December Rent Report

Welcome to the December 2024 Oak Forest Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Oak Forest rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Oak Forest and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Oak Forest average rent prices in the chart below.

Monthly Rent Report

$1,800
$1,350
$900
$450
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Oak Forest Rent Prices Increase From November to December

Oak Forest rent prices increased over the last month. From November to December, the city experienced a 3.94% increase for the price of a one-bedroom apartment. The rent price for a Oak Forest one-bedroom apartments currently stands at $1,319.0.

When we take a look at the two-bedroom comparison from November to December, Oak Forest experienced a 0.66% increase for the price of a two-bedroom apartment. The rent price for a Oak Forest two-bedroom apartments currently stands at $1,517.0.

December Prices: Oak Forest vs. Surrounding Areas

Rent Prices in Oak Forest and Surrounding Areas

Rent prices have increased in Oak Forest over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Oak Forest suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Oak Forest suburbs

  • Rents did not decrease in any of the Oak Forest suburbs.

December 2024 Pricing Trends: Oak Forest vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Oak Forest Rent Prices More Affordable Than Major Cities

Rent growth in Oak Forest over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Oak Forest average rent prices appear to be relatively affordable for local residents.

The price for a Oak Forest one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Oak Forest and surrounding area rent prices, take a look at the complete data set below.

Data set for Oak Forest and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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