In Oakbrook, a typical home is worth $260,700 and typical rent is $1,665 a month. Compared with all of Boone County, typical rent is 21% higher, the typical home value is 6% lower, and the share of households that own their home is 11 points higher.
Oakbrook is in Boone County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Boone County. See the county
What this place has that others do not, from public data, most unusual first.
1
Oakbrook has the highest typical rent of the 85 cities in Kentucky with more than 5,000 people: $1,665.
2
Nearby, in Elsmere, the typical home value is $171,900: 34% less than in Oakbrook ($260,700).
3
Oakbrook has the 5th highest homeownership rate of the 84 cities in Kentucky with more than 5,000 people (87%).
4
Nearby, in Florence, the typical rent is $1,329: 20% less than in Oakbrook ($1,665).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Oakbrook
What homes there are in Oakbrook, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Oakbrook
Boone County
Kentucky
United States
Kind of home: Oakbrook and its comparisons
Measure
Oakbrook
Boone County
Kentucky
United States
Detached house
72%
68%
68%
61%
Attached house
17%
6%
3%
6%
Building of 2 to 4
Unreliable estimate
3%
7%
8%
Apartments (5 or more)
Unreliable estimate
19%
12%
19%
Mobile home
Unreliable estimate
4%
11%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Oakbrook, 7 in 10 homes are single-family detached houses; in Boone County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Oakbrook
Boone County
Kentucky
United States
Year built: Oakbrook and its comparisons
Measure
Oakbrook
Boone County
Kentucky
United States
Before 1960
Unreliable estimate
9%
22%
26%
1960–1979
16%
17%
26%
24%
1980–1999
61%
33%
28%
25%
2000–2009
14%
27%
15%
14%
2010 or later
7%
15%
11%
11%
The typical home in Oakbrook was built in 1991, 5 years before the typical one in Boone County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K14%
$200K–$300K50%
$300K–$500K32%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Oakbrook and its comparisons
Measure
Oakbrook
Under $100K
Unreliable estimate
$100K–$200K
14%
$200K–$300K
50%
$300K–$500K
32%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Oakbrook and its comparisons
Measure
Oakbrook
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,528 a month
Boone County: $1,656 a month
Without a mortgage
$529 a month
Boone County: $582 a month
Owners with a mortgage
73%
Boone County: 70%
The typical cost for an owner with a mortgage in Oakbrook is $1,528 a month, less than in Boone County ($1,656); without one, $529.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Oakbrook+48%
Boone County+46%
Kentucky+46%
United States+53%
Typical rent
Oakbrook+70%
Boone County+39%
Kentucky+27%
United States+33%
Typical household income
Oakbrook+15%
Boone County+27%
Kentucky+26%
United States+29%
Change since 2015–2019: Oakbrook and its comparisons
Measure
Oakbrook
Boone County
Kentucky
United States
Typical home value
+48%
+46%
+46%
+53%
Typical rent
+70%
+39%
+27%
+33%
Typical household income
+15%
+27%
+26%
+29%
Much as in Boone County, the typical home value in Oakbrook rose 48% since 2015–2019.
Rents in Oakbrook rose faster than in Boone County: 70% since 2015–2019, against 39%.
Here income did not keep up with housing: it rose 15%, while home values changed +48% and rent +70%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Oakbrook and its comparisons
Measure
Oakbrook
Boone County
Kentucky
United States
Rental vacancy
Unreliable estimate
4.3%
4.6%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.9%
0.9%
More than one person per room
Unreliable estimate
2.3%
2.0%
3.4%
People per household
2.43
2.72
2.43
2.53
Drive alone
79%
77%
77%
69%
Carpool
Unreliable estimate
7%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
0%
2%
3%
Work from home
14%
13%
10%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Oakbrook has 2.43 people, fewer than in Boone County (2.72).
To get to work, 79% of workers in Oakbrook drive alone; in Boone County, 77%.
Do the math
What would you pay each month for a home in Oakbrook?
A typical home is within reach of the typical income
We start with a typical home in Oakbrook, worth $260,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 27% of the typical household income in Oakbrook, which is $94,652 a year.
The calculator's FHA and conventional loan limits are those of all of Boone County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Oakbrook. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $9,125 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,141
at 7.18% · 30 years
Loan amount
$255,978
Total interest
$368,292
Paid off in
November 2056
Includes $4,403 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,209 a month
Your payment · 27%
Tight
$2,209 to $2,840 a month
Hard
more than $2,840 a month
Compared with the typical household income in Oakbrook ($94,652 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,734
Property tax
$183
Home insurance
$109
FHA mortgage insurance (MIP)
$115
You need at least $9,125 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,141; principal and interest $1,734.
The city and its county
Oakbrook and Boone County
Oakbrook is in Boone County, Kentucky. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Oakbrook
Map of Boone County, Kentucky, with Oakbrook marked. Around it, the neighboring counties.
Oakbrook
Boone County
Other cities with a page
Oakbrook's own numbers
Typical home value
$260,700
Typical monthly rent
$1,665
Typical yearly household income
$94,652
Households that own their home
87%
Effective property tax rate
0.84%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Boone County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,442
Price change over 5 years (FHFA)
+50%
Homes in a high flood-risk zone
0.7%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Boone County.
A typical home in Oakbrook is worth $260,700: 6% below the county and 27% above Kentucky. With the typical household income in Oakbrook ($94,652 a year), a typical home costs 2.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Oakbrook2.8 years
Boone2.8 years
Kentucky3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Boone County
According to FHFA’s house price index, home prices in Boone County rose 88% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Boone County.
Yearly change in FHFA’s price index in Boone County, 2016 to 2025
2016: +3.3% +3.3% 2016
2017: +4.8% +4.8% 2017
2018: +4.9% +4.9% 2018
2019: +5.7% +5.7% 2019
2020: +4.1% +4.1% 2020
2021: +11.0% +11.0% 2021
2022: +15.2% +15.2% 2022
2023: +8.8% +8.8% 2023
2024: +4.7% +4.7% 2024
2025: +3.2% +3.2% 2025
Change in FHFA’s price index in Boone County, Kentucky and the United States
Period
County
Kentucky
U.S.
Last year (2025)
+3.2%
+3.9%
+2.9%
5 years (2020–2025)
+50%
+50%
+47%
10 years (2015–2025)
+88%
+84%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Oakbrook next to Boone County, Kentucky and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Oakbrook$260,700
Boone$277,300
Kentucky$205,600
United States$332,700
Typical monthly rent
Oakbrook$1,665
Boone$1,373
Kentucky$967
United States$1,413
Typical yearly household income
Oakbrook$94,652
Boone$99,414
Kentucky$63,726
United States$80,734
See the full table
Oakbrook next to Boone County and Kentucky
Measure
Oakbrook
Boone County
Kentucky
U.S.
Typical home value
$260,700 ▼6% below the county
$277,300
$205,600
$332,700
Typical monthly rent
$1,665 ▲21% above the county
$1,373
$967
$1,413
Typical yearly household income
$94,652 ▼5% below the county
$99,414
$63,726
$80,734
Households that own their home
87% ▲11 points above the county
76%
68%
65%
Typical yearly property tax
$2,201 ▼7% below the county
$2,372
$1,544
$3,119
Effective property tax rate
0.84% ▼0.02 points below the county
0.86%
0.75%
0.94%
Renters with high rent for their income
38% ▼2 points below the county
40%
45%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Boone County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Oakbrook
For a typical $260,700 home in Oakbrook, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Oakbrook's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,141a month
Least cash to close
Down payment
$9,125
Cash to close
$16,946
Rate
7.18%
Mortgage insurance
FHA MIP · $115
Conventional, 5% down$2,093a month
Down payment
$13,035
Cash to close
$20,856
Rate
7.18%
Mortgage insurance
PMI · $124
Conventional, 20% down, no PMI$1,704a month
Down payment
$52,140
Cash to close
$59,961
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,945a month
Down payment
$39,105
Cash to close
$46,926
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Oakbrook
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,141
$9,125
$255,978
7.18%
FHA MIP · $115
$16,946
580
Conventional, 5% down
$2,093
$13,035
$247,665
7.18%
PMI · $124
$20,856
620*
Conventional, 20% down, no PMI
$1,704
$52,140
$208,560
7.18%
None
$59,961
620*
ITIN, 15% down (example)
$1,945
$39,105
$221,595
8.18%
None
$46,926
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Oakbrook is $1,665 a month: 21% above the county. In Oakbrook, 38% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Boone County, by unit size. To pay the 2-bedroom one ($1,442 a month) without spending more than 30% of your income, you would need to earn $27.73 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Boone County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,052
$20.23
$42,080
1 bedroom
$1,128
$21.69
$45,120
2 bedrooms
$1,442
$27.73
$57,680
3 bedrooms
$1,897
$36.48
$75,880
4 bedrooms
$2,141
$41.17
$85,640
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Oakbrook
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Oakbrook is in ZIP code 41042.
For 2 bedrooms it is $1,730: $288 more than the fair market rent for Boone County ($1,442).
Fair market rent by ZIP code and size in Oakbrook, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
41042
$1,260
$1,350
$1,730
$2,280
$2,570
ZIP code2 bd3 bd
41042 $1,730$2,280
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Oakbrook when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Boone County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Oakbrook or Boone County. The ones below are statewide in Kentucky: they work in Oakbrook the same as in the rest of the state.
Kentucky state corporation loan of up to $12,500 for the down payment and closing costs, repaid over 15 years as a second loan, for buyers who take a KHC mortgage.Offered by Kentucky Housing Corporation (KHC).
No legal help resource on our list is for Oakbrook or Boone County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Oakbrook and all of Boone County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Oakbrook?
The typical home value in Oakbrook is $260,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Boone County it is $277,300.
How much does it cost to rent in Oakbrook?
Typical rent in Oakbrook is $1,665 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Boone County is $1,442.
What is the FHA loan limit in Oakbrook?
Oakbrook uses the FHA limit for all of Boone County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Oakbrook?
The typical homeowner in Oakbrook pays $2,201 a year, according to the U.S. Census Bureau. That is 0.84% of the home’s value; in Boone County, the rate is 0.86%.
Where can I find free help to buy or rent in Oakbrook?
We found no HUD-approved counseling agencies with an office in Boone County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
