Oak Lawn / Burbank, IL
August 2026
60453,60459,60463
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,536 – $1,637 | -2.60% | 4.37% |
| 2-Bedroom | $1,755 – $1,845 | -2.02% | 2.05% |
| 3-Bedroom | $2,552 – $2,748 | 0.87% | 4.00% |
| 4-Bedroom | $3,137 – $3,334 | -0.07% | 3.20% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,714 – $1,857 | 3.16% | 10.27% |
| 2-Bedroom | $1,912 – $2,039 | 1.06% | 3.62% |
| 3-Bedroom | $2,799 – $3,014 | 3.39% | 3.48% |
| 4-Bedroom | $3,389 – $3,499 | 0.30% | 3.54% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,890 – $1,968 | 0.51% | 4.86% |
| 2-Bedroom | $2,046 – $2,151 | 3.05% | 2.90% |
| 3-Bedroom | $2,558 – $2,799 | 5.36% | 2.90% |
| 4-Bedroom | $3,037 – $3,225 | 0.29% | 2.55% |
Within Oak Lawn / Burbank (60453, 60459, 60463), 2-bedroom condos reached a median rent of $1,937, posting a 4.29% month-over-month increase. This segment also advanced 6.19% year-over-year, highlighting its performance in April 2026 as the top monthly gainer across major property types.
The 1-bedroom condo segment in Oak Lawn / Burbank (60453, 60459, 60463) outperformed apartments by $187, commanding $1,732 versus $1,545. This price differential signals greater demand or amenities in condos within the entry-level rental market.
For April 2026, Oak Lawn / Burbank (60453, 60459, 60463) rental trends show single-family 1-bedroom units declining 3.92% month-over-month to $1,734. This was the most pronounced decrease observed among all tracked segments, contrasting with gains in larger units and other property types.