Cheap Homes for Rent in Forest Park, IL from $1,200 (44 Rentals)

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Search the lowest-cost Homes available for rent right now in Forest Park.

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.

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property at 7234 W North Ave

$1,380

Total Monthly Price

Total Monthly Price

Base Rent
$1,380
Total Monthly Price
$1,380

1 Bedroom, 1 Bath Condo for Rent

Available Now

7234 W North Ave, Unit 7234

7234 W North Ave
Elmwood ParkIL60707
property at 7321 14th St

$1,399 - $1,599

Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $1,599
Total Monthly Price
$1,399 - $1,599

1 To 2 Bedroom Condos for Rent

Available Now

7321 14th St

Forest ParkIL60130
property at 1537 Harlem Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

1537 Harlem Ave, Unit 3w

1537 Harlem Ave
Forest ParkIL60130

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.

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property at 410 School St

$1,400 - $2,200

1 To 3 Bedroom Rentals

Available Now

410 School St

MaywoodIL60153

Cash 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 3014 S Harlem Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

2 Bedroom, 1 Bath Condo for Rent

Available Now

3014 S Harlem Ave, Unit G

3014 S Harlem Ave
RiversideIL60546

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-44, Page 1 of 1

Forest Park, IL Local Guide

Cheapest Available Forest Park Apartments for Rent

 

The cheapest available apartment rental in Forest Park, IL is a Studio unit found at 432-438 N. Austin Blvd. in the Oak Park Historic District neighborhood priced from $1,059. 3230 Home Ave in the Ogden Avenue District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Forest Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
432-438 N. Austin Blvd.432-438 N. Austin StudioStudio,1BA$1,059
3230 Home AveH1BR,1BA$1,200
Evelyn ApartmentsStudioStudio,1BA$1,220
Pleasant OakStudio - AStudio,1BA$1,225
3049 Harlem AveGarden East1BR,1BA$1,250
1116 Washington - Oak Park1116-308Studio,1BA$1,250
1010 S 2nd1 Bedroom 1 Bath Apartment1BR,1BA$1,260
RRK Ventures LLC0BR/1.0BAStudio,1BA$1,295

Best Value Apartments for Rent in Forest Park, IL

As of July 08, 2026 the best value apartment in the Forest Park area is the $1.06 price per square foot 3 Beds, 3 baths Model at 2717 Wesley Ave in the in the Ogden Avenue District neighborhood starting from $2,095. The second greatest value Forest Park apartment is the 62 Washington Blvd Model at 62 Washington Blvd, Unit 2 starting at $1,900 with a $1.19 price per square foot in the Oak Park Historic District neighborhood. Here is today’s list of the best values for Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2717 Wesley Ave3 Beds, 3 baths3BR,3BA$1.06
62 Washington Blvd, Unit 262 Washington Blvd2BR,1BA$1.19
60 Washington Blvd60 Washington Blvd2BR,2BA$1.33
1835 Home Ave, Unit 1 & 21835 Home Ave2BR,1BA$1.56
111-113 Harrison StApartment 113-12BR,1BA$1.61
1137 Highland Ave, Unit Apt 21137 Highland Ave2BR,1BA$1.68
1111 Circle Ave, Unit 1111 Circle Avenue Unit 21111 Circle Ave2BR,1BA$1.59
24-32 Washington Blvd.24 Washington A & 32 Washington B1BR,1BA$1.66
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.99
2037 S 15th Ave, Unit 1N2037 S 15th Ave1BR,1BA$1.60

Don'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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Forest Park, IL

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Forest Park

What type of rentals are currently available in Forest Park?

There are currently 914 Apartments for Rent in Forest Park, IL with pricing that ranges from $1,000 to $6,670. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Park ranging from $1,200 to $6,000.

What is the current price range for Rental Homes in Forest Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Park ranges from $1,200 to $6,000 with an average monthly rent of $2,452.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.