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Studio Apartments for Rent in Oak Forest, IL

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  • /31

    Starting at $1,695 Per Month

    • Studio - 3 Beds

    4800 157th St, Oak Forest, IL 60452

    Welcome to modern apartment and townhome living, offering studio, one-, and two-bedroom homes designed with comfort, convenience, and contemporary style in mind. Each residence features thoughtfully designed layouts, open-concept living spaces, in-unit washer and dryer, and updated finishes throughout.Residents enjoy a variety of community amenities, including a fitness center, resident

    One Fifty Seven Oak Forest

    4800 157th St, Oak Forest, IL 60452
  • /10

    $980 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    15311 Knox Ave, Oak Forest, IL 60452

    This thoughtfully updated studio unit features a functional layout with a comfortable living area, updated kitchen finishes with ample cabinet storage, and a cozy bedroom with closet space. Updated touches throughout provide a clean, modern feel while maintaining everyday comfort. The living and dining areas flow naturally, creating an easy setup for daily living. If you're looking for an

    15311 Knox Ave, Oak Forest, IL 60452
  • /10

    $980 Per Month

    • Studio
    • 1 Bath
    • 15302-05 Knox-

    15302 Knox Ave, Oak Forest, IL 60452

    This thoughtfully updated studio unit features a functional layout with a comfortable living area, updated kitchen finishes with ample cabinet storage, and a cozy bedroom with closet space. Updated touches throughout provide a clean, modern feel while maintaining everyday comfort. The living and dining areas flow naturally, creating an easy setup for daily living. If you're looking for an

    15302 Knox Ave, Oak Forest, IL 60452

Why Live in Oak Forest

Oak Forest, IL, is a cozy suburb known for its winding streets, locally owned eateries, and diverse housing styles. Established in the 1920s, the area features midcentury ranches, split-levels, and Modern Traditional homes from the late 80s, with brick being a popular material. The community is home to Oak Forest High, which is highly rated and recognized for its successful sports programs, particularly in baseball. Central Park, the city's largest park, features a playground, inline skate park, and various sports courts, while the nearby Oak Forest Heritage Preserve offers 2 miles of paved walkways and fishing at Pogie Lake. South Cicero Avenue is a hub for nightlife and dining, with options like Blarney Stone Pub, Beggars Pizza, and Markella’s Gyros. Grocery shopping is convenient with stores like Jewel-Osco, Swagat Foods, and Maria’s Grocery Store. The Acorn Public Library hosts community events such as craft workshops and book discussions. Oak Forest also has a Metra station on the east end, making commuting easier. The area is pedestrian and bike-friendly, with numerous sidewalks and bike paths.

Frequently Asked Questions

How much does it cost to rent a home in Oak Forest, IL?
The median rent for a home in Oak Forest, IL is $1,950 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Oak Forest, IL?
To comfortably afford the median rent in Oak Forest, IL, a household needs to earn roughly $78,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,950 per month in Oak Forest, IL, renters typically need to show $5,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Oak Forest, IL?
In Oak Forest, IL, the price-to-rent ratio is 12.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,950
Median Single Family Home Rent
$2,575
Median Townhouse Rent
$2,200
Median Condo Rent
$1,600
How to Rent a Home