Oak Lawn / Burbank, IL Rental Market Data

As of April 2026, rental prices in Oak Lawn / Burbank, IL range from $1,545 to $3,266 per month depending on property type and bedroom count.

The largest year-over-year change is seen in 1BR condo/townhomes, which increased 6.99%.

For 4BR rentals, condo/townhomes have a higher median rent at $3,266 compared to apartments at $3,112.

What is the rent range for apartments, condos, and single-family homes in Oak Lawn / Burbank, IL?

As of April 2026, rents in Oak Lawn / Burbank, IL range from $1,545 for a 1BR apartment up to $3,266 for a 4BR condo/townhome.

In Oak Lawn / Burbank, IL, is there a specific bedroom count where one property type stands out in pricing?

Yes, for 4BR rentals, condo/townhomes dramatically outperform with a median rent of $3,266, compared to apartments at $3,112 and single-family homes at $2,931.

Which segment experienced the sharpest month-over-month change in Oak Lawn / Burbank, IL in April 2026?

2BR condo/townhomes saw the largest month-over-month increase, rising 4.29% in April 2026.

Which segment had the highest annual growth in Oak Lawn / Burbank, IL, and is this trend broad or concentrated?

The strongest annual rent growth was in 1BR condo/townhomes, up 6.99% year-over-year, while condo/townhomes also saw consistently high YoY gains across most bedroom counts.

Oak Lawn / Burbank, IL

April 2026

60453,60459,60463

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,472 – $1,617	-1.39%	4.11%
2-Bedroom	$1,714 – $1,857	-0.18%	2.30%
3-Bedroom	$2,413 – $2,598	1.27%	4.62%
4-Bedroom	$3,030 – $3,228	1.73%	4.83%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,671 – $1,792	1.33%	6.99%
2-Bedroom	$1,869 – $2,005	4.29%	6.19%
3-Bedroom	$2,681 – $2,905	2.14%	6.01%
4-Bedroom	$3,214 – $3,387	1.52%	4.62%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,691 – $1,777	-3.92%	1.71%
2-Bedroom	$1,960 – $2,090	-0.15%	4.45%
3-Bedroom	$2,488 – $2,679	0.62%	4.85%
4-Bedroom	$2,843 – $3,019	1.87%	2.49%

Data updated: June 2, 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.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
April 2026	$1,545	$1,786	$2,506	$3,112
March 2026	$1,575	$1,784	$2,479	$3,059
February 2026	$1,585	$1,737	$2,478	$3,030
January 2026	$1,556	$1,729	$2,437	$3,027
December 2025	$1,666	$1,852	$2,470	$3,042
November 2025	$1,656	$1,878	$2,496	$3,072
October 2025	$1,667	$1,863	$2,522	$3,106
September 2025	$1,598	$1,860	$2,544	$3,141
August 2025	$1,546	$1,832	$2,561	$3,159
July 2025	$1,547	$1,797	$2,554	$3,151
June 2025	$1,533	$1,830	$2,529	$3,119
May 2025	$1,572	$1,819	$2,487	$3,062

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
April 2026	$1,732	$1,937	$2,793	$3,266
March 2026	$1,722	$1,929	$2,735	$3,217
February 2026	$1,731	$1,844	$2,698	$3,187
January 2026	$1,733	$1,906	$2,695	$3,183
December 2025	$1,749	$1,978	$2,711	$3,198
November 2025	$1,765	$1,988	$2,745	$3,236
October 2025	$1,743	$1,996	$2,774	$3,278
September 2025	$1,722	$1,963	$2,807	$3,316
August 2025	$1,665	$1,960	$2,820	$3,328
July 2025	$1,711	$1,913	$2,816	$3,312
June 2025	$1,673	$1,968	$2,782	$3,273
May 2025	$1,730	$1,897	$2,712	$3,213

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
April 2026	$1,734	$2,025	$2,584	$2,931
March 2026	$1,806	$2,028	$2,560	$2,876
February 2026	$1,786	$1,999	$2,607	$2,842
January 2026	$1,767	$1,986	$2,483	$2,815
December 2025	$1,768	$2,002	$2,505	$2,915
November 2025	$1,783	$2,021	$2,536	$2,947
October 2025	$1,804	$2,043	$2,576	$2,996
September 2025	$1,821	$2,054	$2,600	$3,039
August 2025	$1,823	$2,052	$2,629	$3,057
July 2025	$1,810	$2,035	$2,621	$3,031
June 2025	$1,782	$2,019	$2,579	$2,998
May 2025	$1,750	$1,986	$2,528	$2,965

Similar Markets in Chicago-Naperville-Elgin

Hyde Park / Kenwood, IL

2BR apt median $1,799

Irving Park / Portage Park, IL

2BR apt median $1,771

Oak Lawn / Evergreen Park, IL

2BR apt median $1,739