
Cheap Homes for Rent in Forest City, IL from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Forest City.


4724 W Merol Ct

2003 S Mahark Ln

710 N Swords Ave

526 Fairholm Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

405 Keller St

2408 W Reservoir Blvd

102 N Cedar Ave

906 S Tonti Cir

903 W Brons Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Forest City, IL Local Guide

How much does it cost to rent a home in Forest City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest City 2 Bedroom Homes for Rent | $1,068 | $849 | $1,350 |
| Forest City 3 Bedroom Homes for Rent | $1,292 | $925 | $1,750 |
| Forest City 4 Bedroom Homes for Rent | $995 | $995 | $995 |
| Forest City 5 Bedroom Homes for Rent | $1,575 | $1,575 | $1,575 |
Browse Top Homes for Rent in Forest City
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Forest City, IL Local Guide
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Cheapest Available Forest City Apartments for Rent and Nearby
 The cheapest available apartment rental in Forest City, IL is a 1 Bed unit found at The Avenue Apartments in the Averyville neighborhood priced from $650. Churchview Garden Homes in the Lincoln Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Forest City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $650 |
| Churchview Garden Homes | 1 Bedroom | 1BR,1BA | $750 |
| Willow Oaks Apartments | One Bedroom | 1BR,1BA | $760 |
Best Value Apartments for Rent in Forest City, IL and Nearby
As of April 29, 2026 the best value apartment in the Forest City area is the $0.71 price per square foot Sunset Hills Model at Sunset Hills Apartments in the starting from $925. The second greatest value Forest City apartment is the A Model at 1113 W Moss Ave starting at $950 with a $0.79 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for Forest City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Hills Apartments | Sunset Hills | 3BR,2BA | $0.71 |
| 1113 W Moss Ave | A | 2BR,1BA | $0.79 |
| ASPEN BLUFF APARTMENTS | Three Bedrooms Two Bathroom | 3BR,2BA | $1.14 |
| Woodfield Queenwood Apartments | Two Bedrooms- Woodfield | 2BR,1BA | $1.08 |
| 511 W High St | 1 BR | 1BR,1BA | $1.19 |
| Willow Oaks Apartments | One Bedroom | 1BR,1BA | $1.04 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| 106 S 4th St | 2 bedroom | 2BR,1BA | $1.21 |
| Churchview Garden Homes | 1 Bedroom | 1BR,1BA | $1.17 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.06 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Forest City
What type of rentals are currently available in Forest City?
There are currently 55 Apartments for Rent in Forest City, IL with pricing that ranges from $547 to $2,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest City ranging from $849 to $1,750.
What is the current price range for Rental Homes in Forest City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest City ranges from $849 to $1,750 with an average monthly rent of $1,232.
How much are larger Three and Four Bedroom Rentals in Forest City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest City range from $620 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,750. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $630.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.