Apartments & Homes for Rent in Oak Forest, IL

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What to Know About

Life in Oak Forest & Beyond

Oak Forest shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Oak Forest, IL

As of April 2025, Oak Forest's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oak Forest's average rent is 1.3% ($22) lower than the Illinois average of $1,749 and 4.0% ($72) lower than the U.S. average of $1,799.

Average Rent
$1,727
Monthly ChangeMonth Over Month Change
Increased41.6% ($507)
Yearly ChangeYear Over Year Change
Increased49.8% ($574)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,455 Increased24.6% ($287) Increased57.3% ($530)
2 Beds $1,874 Increased24.6% ($370) Increased57.3% ($683)
3 Beds $2,106 Increased24.6% ($416) Increased57.3% ($767)
Nearby Cities Average Rent Avg. Rent vs. Oak ForestAverage Rent vs. Oak Forest Avg. Days on MarketAverage Days on Market
Midlothian $1,281 Decreased25.8% ($446) 27 days
Tinley Park $1,876 Increased8.6% ($149) 25 days
Posen $1,269 Decreased26.5% ($458) 25 days
Alsip $1,432 Decreased17.1% ($295) 29 days
Blue Island $1,207 Decreased30.1% ($520) 29 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oak Forest Rental Market FAQs

Explore rental prices, market trends, and availability in Oak Forest, IL.

The average rent in Oak Forest, IL is $1,727 per month.
Homes in Oak Forest typically rent for between $1,019 and $2,738 per month, with an average of $1,727 per month.
In Oak Forest, the average rent for a 1-bedroom home is $1,455 per month, for a 2-bedroom home, $1,874 per month, and a 3-bedroom home is $2,106 per month.
The average rent in Oak Forest is 4% ($72) lower than the national average of $1,799 per month.
The average rent in Oak Forest has increased by 41.6% ($507) in the last month and increased by 49.8% ($574) over the past year.
The rental market in Oak Forest, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Oak Forest, IL, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Oak Forest, IL.
Based on the current averages, a household would need an annual income of $74,960 to comfortably afford a 2-bedroom home in Oak Forest.
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