Foreclosure Homes in Oak Forest, IL

Buyer vs Seller Market in Oak Forest, IL

Median home value: $297,455 as of 2026-05-14.

Median rent: $1,770 as of 2026-05-14.

Home values: +1.63% MoM, +1.46% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Rent Prices In Oak Forest, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oak Forest, IL, is on a rollercoaster ride. The average rent price in Oak Forest, IL, is $1,718.00. Indeed, when looking to rent in Oak Forest, IL, you can expect to pay as little as $920.00 or as much as $2,890.00, with the average rent median estimated to be $1,770.00. The good news is that finding an affordable and desirable property to rent in Oak Forest, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.