Long-term Rental Rates — June 2026 · ZIPs: 60453,60459,60463
Local market data by Estaite
As of June 2026, rental prices in Oak Lawn / Burbank, IL range from $1,649 to $3,379 per month depending on property type and bedroom count.
The largest year-over-year increase was in 1BR apartments, which rose 8.95%.
For 1BR rentals, single-family homes lead with a median rent of $1,875 compared to $1,649 for apartments and $1,833 for condos/townhomes.
What are the typical rent prices in Oak Lawn / Burbank, IL for June 2026?
In Oak Lawn / Burbank, IL, rents in June 2026 range from $1,649 for the lowest-priced 1BR apartment to $3,379 for the highest-priced 4BR condo/townhome.
In Oak Lawn / Burbank, IL, is there a bedroom count where one property type significantly outperforms the others?
Yes, for 1BR rentals in Oak Lawn / Burbank, IL, single-family homes command the highest median rent at $1,875, noticeably exceeding apartments at $1,649 and condos/townhomes at $1,833.
Which rental segment in Oak Lawn / Burbank, IL had the largest month-over-month rent change in June 2026?
1BR apartments saw the sharpest month-over-month increase, with rents rising 5.46% in June 2026.
Which segment showed the strongest annual growth in Oak Lawn / Burbank, IL, and is that growth broad-based or concentrated?
The leader in annual rent growth was 1BR apartments at 8.95% YoY, with other apartment segments showing moderate increases, indicating the significant gain is concentrated in 1BR units.
Oak Lawn / Burbank, IL
June 2026
60453,60459,60463
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,591 – $1,707
5.46%
8.95%
2-Bedroom
$1,776 – $1,951
2.49%
5.83%
3-Bedroom
$2,508 – $2,700
1.73%
4.35%
4-Bedroom
$3,144 – $3,334
1.63%
4.01%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,769 – $1,897
2.29%
7.17%
2-Bedroom
$1,870 – $1,993
-1.16%
5.00%
3-Bedroom
$2,688 – $2,855
-1.68%
0.39%
4-Bedroom
$3,292 – $3,499
1.63%
3.88%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,815 – $1,935
1.22%
5.85%
2-Bedroom
$1,936 – $2,035
-4.52%
-0.88%
3-Bedroom
$2,563 – $2,844
4.30%
5.78%
4-Bedroom
$2,953 – $3,180
2.68%
3.36%
Data updated: July 19, 2026
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.