Housing & Real Estate — Oak Lawn, Illinois
Overview
| Total Housing Units | 23,115 |
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| Occupied | 21,745 |
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| Vacant | 1,370 |
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| Owner-Occupied | 17,940 |
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| Renter-Occupied | 3,805 |
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| Median Home Value (Census) | $281,200 |
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| Estimated 2026 | ~$315,000 |
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| Median Rent | $1,310/mo |
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| Median Property Tax | $6,160/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 18.7% |
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| Severely Rent-Burdened | 42.3% |
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Housing Age
| Built 2010 or later | 232 |
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| Built 2000-2009 | 902 |
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| Built 1990-1999 | 1,670 |
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| Built before 1960 | 7,918 |
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| Median Year Built | 1967 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
