Home prices
The price of the median home in Oak Park is $387,300. Compared to other places in this area it is about $96,900 (33%) higher.In comparison to the rest of the nation it is roughly $169,800 (78%) higher, and in comparison to the city of Chicago it is approximately $129,300 (50%) higher.
Rents
Oak Park's median monthly rent is $1,175. It is roughly $120 (11%) higher in comparison to its nearby areas.It is approximately $113 (10%) higher compared to the entire nation, and it is about $63 (5%) higher compared to the city of Chicago.
Nearby places
River Forest
River Forest is Oak Park's neighbor to the west. Its real estate prices are significantly more expensive. The median home in River Forest costs $596,900, which works out to $209,600 (35%) higher than Oak Park. Its rents are similar. River Forest's median rent is $1,143 a month, which comes out to $32 (2%) lower than Oak Park.
Forest Park
Forest Park is Oak Park's neighbor to the southwest. Real estate prices there are a lot less expensive. The price of the median home in Forest Park is $234,100, which works out to $153,200 (65%) lower than Oak Park. Rent there is a bit less expensive. The median rent in Forest Park is $1,079 per month, which comes out to $96 (8%) lower than Oak Park.
Elmwood Park
Elmwood Park is Oak Park's neighbor to the northwest. The housing prices there are significantly less expensive. The median home in Elmwood Park costs $258,000, which is $129,300 (50%) lower than Oak Park. The rent there is fairly similar. In Elmwood Park the median rent is $1,120 a month, which is $55 (4%) lower than Oak Park.
Berwyn
Berwyn is Oak Park's neighbor to the south. Its real estate prices are significantly less expensive. The cost of the median home in Berwyn is $211,700, which works out to $175,600 (82%) lower than Oak Park. Rents there are somewhat less expensive. Berwyn's median rent is $969 a month, which comes out to $206 (21%) lower than Oak Park.
Maywood
Maywood is approximately 2 miles west of Oak Park. Its housing prices are a lot less expensive. The median home in Maywood is valued at $151,300, which works out to $236,000 (155%) lower than Oak Park. Its rents are somewhat less expensive. Maywood's median rent is $965 per month, which is $210 (21%) lower than Oak Park.
