Similar to the surrounding areas, it is substantially more expensive compared to the nation as a whole. However compared to the city of Chicago, it's a little more expensive.
Home prices
Orland Park's median home cost is $287,700. It is approximately $9,600 (3%) lower compared to nearby areas.In comparison to the entire country it is roughly $70,200 (32%) higher, and it is about $29,700 (11%) higher compared to the city of Chicago.
Rents
Orland Park's median monthly rent is $1,233. Compared to other places in this area this is about $140 (10%) lower.In comparison to the entire country it is approximately $171 (16%) higher, and in comparison to the city of Chicago it is about $121 (10%) higher.
Nearby places
Orland Hills
Orland Hills is Orland Park's neighbor to the southeast. Real estate prices there are a little less expensive. Orland Hills's median home price is $223,800, which is $63,900 (28%) lower than Orland Park. The rent there is a bit less expensive. The median monthly rent in Orland Hills is $1,110, which is $123 (11%) lower than Orland Park.
Tinley Park
Tinley Park is Orland Park's neighbor to the southeast. Its housing prices are somewhat less expensive. The median home value in Tinley Park is $231,400, which works out to $56,300 (24%) lower than Orland Park. The rent there is similar. Tinley Park's median rent is $1,198 per month, which comes out to $35 (2%) lower than Orland Park.
Homer Glen
Homer Glen is Orland Park's neighbor to the west. Housing prices there are a bit more expensive. Homer Glen's median home value is $330,600, which is $42,900 (12%) higher than Orland Park. Rent there is somewhat more expensive. The median rent in Homer Glen is $1,567 per month, which works out to $334 (21%) higher than Orland Park.
Palos Park
Palos Park is Orland Park's neighbor to the north. Real estate prices there are somewhat more expensive. The median home in Palos Park costs $418,600, which works out to $130,900 (31%) higher than Orland Park. The rent there is a little more expensive. In Palos Park the median monthly rent is $1,668, which works out to $435 (26%) higher than Orland Park.
Palos Heights
Palos Heights is Orland Park's neighbor to the northeast. The real estate prices there are fairly similar. The median home in Palos Heights is valued at $282,100, which works out to $5,600 (1%) lower than Orland Park. Its rents are a bit more expensive. In Palos Heights the median monthly rent is $1,322, which works out to $89 (6%) higher than Orland Park.