salaryRent is lower than in 54% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are long, about 30.8 minutes each way. Most homes (82.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $62,320 a year. That is $30 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
No. Rent here is more expensive than in most of Illinois. It is number 179 of 334 cities from cheapest to most expensive.
How much do households earn in Oak Lawn?
Share of households by yearly income. 34.9% of households earn $100,000 or more.
Rent by apartment size in Oak Lawn
| Size | Oak Lawn | U.S. average |
|---|---|---|
| Studio | $1,278 | $1,338 |
| 1 bedroom | $1,374 | $1,324 |
| 2 bedrooms | $1,432 | $1,509 |
| 3 bedrooms | $2,018 | $1,698 |
| 4 bedrooms | $2,949 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Oak Lawn overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Oak Lawn, so the Illinois figure is shown.
Taxes and bills in Oak Lawn
Life in Oak Lawn
Is it cheaper to rent or buy in Oak Lawn?
Renting is cheaper right now: about $393 a month less.
Owning assumes a typical $281,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,120 for the down payment.
Frequently asked questions
What is the average rent in Oak Lawn, IL?
Renting in Oak Lawn costs a median of about $1,558 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Oak Lawn?
To keep rent under 30% of income, you need about $62,320 a year, or $30 an hour at a full-time job.
Is Oak Lawn cheap or expensive?
Oak Lawn is rated OK: rent takes 20.7% of the typical household income of $90,498. It ranks 179th cheapest of 334 Illinois cities we track.
How much are property taxes in Oak Lawn?
The median homeowner in Oak Lawn pays $6,160 a year in property taxes, about 2.19% of the median home value.
Is Oak Lawn more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Oak Lawn?
The median home value in Oak Lawn is $281,200, about 3.1 times the typical yearly household income.
56,861 people live in Oak Lawn. Numbers are typical (middle) values.