Cheap Apartments for Rent in the Forest Park Neighborhood of Joliet, IL from $1,000 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Forest Park area of Joliet.

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131 Hobbs Ave
5 Bedroom Apartments

131 Hobbs Ave

131 Hobbs AveJoliet, IL 60433
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116 SE Circle Dr
1 to 3 Bedroom Apartments

116 SE Circle Dr

116 SE Circle DrJoliet, IL 60433
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4-6 Irving St
Studio Apartments

4-6 Irving St

4-6 Irving StJoliet, IL 60432
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2513 E Cass St
1 Bedroom Apartments

2513 E Cass St

2513 E Cass StJoliet, IL 60432
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250 Marble St
Studio Apartments

250 Marble St

250 Marble StJoliet, IL 60435

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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Relyea Bldg
2 Bedroom Apartments

Relyea Bldg

20 E Cass StJoliet, IL 60432
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203 Union St
3 Bedroom Apartments

203 Union St

203 Union StJoliet, IL 60433
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216-220 Cass St
Studio Apartments

216-220 Cass St

216-220 Cass StJoliet, IL 60432
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222-224 Ohio St
1 to 3 Bedroom Apartments

222-224 Ohio St

222-224 Ohio StJoliet, IL 60432
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Liberty Landing
2 to 3 Bedroom Apartments

Liberty Landing

1300 Milkweed DrJoliet, IL 60432

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 Park, Joliet, IL Local Guide

Cheapest Available Forest Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Bays Tower ApartmentsStudio1BR,1BA$1,250

Best Value Apartments for Rent in Forest Park, IL

As of April 24, 2026 the best value apartment in the Forest Park area is the $0.86 price per square foot 511 W Jefferson St Model at 511 W Jefferson St, Unit 3 in the in the Sunset Point neighborhood starting from $1,225. The second greatest value Forest Park apartment is the 213 N Hickory St Model at 213 N Hickory St, Unit BS starting at $1,095 with a $1.37 price per square foot in the Sunset Point 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.
511 W Jefferson St, Unit 3511 W Jefferson St3BR,1BA$0.86
213 N Hickory St, Unit BS213 N Hickory St2BR,1BA$1.37
254 E Jackson St, Unit 2nd Floor Front254 E Jackson St2BR,1BA$1.72
835 N Broadway St, Unit 1835 N Broadway St2BR,1BA$1.61
Bays Tower ApartmentsStudio1BR,1BA$3.25

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.

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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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The 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.

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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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Quick 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.

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Pet Friendly Lifestyle
Forest Park, Joliet, IL

Ranked #41

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Forest Park Apartments

What types of apartments are the cheapest in Forest Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Forest Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

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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.

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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.

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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.