Homes & Apartments for Rent in Oak Lawn, IL

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What to Know About

Life in Oak Lawn & Beyond

Oak Lawn 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 Lawn, IL

As of June 2026, Oak Lawn's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Oak Lawn's average rent is 2.8% ($47) lower than the Illinois average of $1,694 and 8.3% ($150) lower than the U.S. average of $1,797.

Average Rent
$1,647
Monthly ChangeMonth Over Month Change
Increased0.5% ($9)
Yearly ChangeYear Over Year Change
Increased5.1% ($80)
Avg. Days on MarketAverage Days on Market
25
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,420 Increased4.3% ($59) Increased3% ($41)
2 Beds $1,656 Increased0.4% ($7) Decreased0.2% ($3)
3 Beds $1,973 Increased6.7% ($124) Increased2.1% ($41)
Nearby Cities Average Rent Avg. Rent vs. Oak LawnAverage Rent vs. Oak Lawn Avg. Days on MarketAverage Days on Market
Chicago Ridge $1,486 Decreased9.8% ($161) 29 days
Burbank $1,760 Increased6.9% ($113) 26 days
Evergreen Park $1,376 Decreased16.5% ($271) 28 days
Alsip $1,527 Decreased7.3% ($120) 29 days
Palos Hills $1,643 Decreased0.2% ($4) 25 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oak Lawn Rental Market FAQs

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

The average rent in Oak Lawn, IL is $1,647 per month.
Homes in Oak Lawn typically rent for between $994 and $2,565 per month, with an average of $1,647 per month.
In Oak Lawn, the average rent for a 1-bedroom home is $1,420 per month, for a 2-bedroom home, $1,656 per month, and a 3-bedroom home is $1,973 per month.
The average rent in Oak Lawn is 8.3% ($150) lower than the national average of $1,797 per month.
The average rent in Oak Lawn has increased by 0.5% ($9) in the last month and increased by 5.1% ($80) over the past year.
The rental market in Oak Lawn, IL, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Oak Lawn, IL, the average rental stays on the market for approximately 25 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 22 rental properties available in Oak Lawn, IL.
Based on the current averages, a household would need an annual income of $66,240 to comfortably afford a 2-bedroom home in Oak Lawn.
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