Cheap Apartments for Rent in Oak Forest, IL from $600 (34 Rentals)

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Forest Hills Apartments
Studio to 1 Bedroom Apartments

Forest Hills Apartments

5003-5049 W 159th StOak Forest, IL 60452
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Knox Apartments
Studio to 1 Bedroom Apartments

Knox Apartments

15301-15310 S Knox Ave, OakOak Forest, IL 60452
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Rustic Oaks
1 to 2 Bedroom Apartments

Rustic Oaks

15963 Leclaire AveOak Forest, IL 60452

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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5918 Corey Ln
1 to 2 Bedroom Apartments

5918 Corey Ln

5918 Corey LnOak Forest, IL 60452
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15805 Peggy Lane
2 to 3 Bedroom Apartments

15805 Peggy Lane

15805 Peggy LnOak Forest, IL 60452

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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Astoria Commons
1 to 2 Bedroom Apartments

Astoria Commons

3434 147th StMidlothian, IL 60445
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7449 Sycamore Ct
2 Bedroom Apartments

7449 Sycamore Ct

7449 Sycamore CtOrland Park, IL 60462
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Village Crossing
2 Bedroom Apartments

Village Crossing

14729-14757 Homan AveMidlothian, IL 60445
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14600 S Pulaski Ave
1 to 2 Bedroom Apartments

14600 S Pulaski Ave

14600 S Pulaski AveMidlothian, IL 60445

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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7448 Sycamore Ct
1 to 2 Bedroom Apartments

7448 Sycamore Ct

7448 Sycamore CtOrland Park, IL 60462
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7081 Apartments
1 to 2 Bedroom Apartments

7081 Apartments

7081 170th StTinley Park, IL 60477
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16601 Jean Ln
1 Bedroom Apartments

16601 Jean Ln

16601 Jean LnTinley Park, IL 60477
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7250 W 157th St
2 Bedroom Apartments

7250 W 157th St

7250 W 157th StOrland Park, IL 60462
  • Utilities Included

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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6607 181st St
2 Bedroom Apartments

6607 181st St

6607 181st StTinley Park, IL 60477

Oak Forest, IL Local Guide

Cheapest Available Oak Forest Apartments for Rent

 

The cheapest available apartment rental in Oak Forest, IL is a 1 Bed unit found at Heritage Manor in the Meadow Park neighborhood priced from $1,450. The Residences at 159 Tinley Park Place in the Meadow Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,650. Here is today’s list of the most affordable Oak Forest apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Manor1BR/1BATH1BR,1BA$1,450
The Residences at 159 Tinley Park Place2 Bedroom Small2BR,1BA$1,650
One Fifty Seven Oak Forest1BR/1.0BA1BR,1BA$1,725
15930 Laramie Aveoak forest single family Home3BR,2BA$2,095

Best Value Apartments for Rent in Oak Forest, IL

As of June 22, 2026 the best value apartment in the Oak Forest area is the $1.06 price per square foot oak forest single family Home Model at 15930 Laramie Ave in the in the Chateaux neighborhood starting from $2,095. The second greatest value Oak Forest apartment is the 1BR/1BATH Model at Heritage Manor starting at $1,450 with a $1.53 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Oak Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
15930 Laramie Aveoak forest single family Home3BR,2BA$1.06
Heritage Manor1BR/1BATH1BR,1BA$1.53
The Residences at 159 Tinley Park Place2 Bedroom Large2BR,1BA$1.95
One Fifty Seven Oak Forest1BR/1.0BA1BR,1BA$3.01

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

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Frequently Asked Questions about Cheap Oak Forest Apartments

How much is rent for a Cheap One Bedroom Oak Forest Apartment?

The lowest price for a Cheap One Bedroom Oak Forest Apartment is $1,450 at Heritage Manor.

What is the lowest price for a Cheap Two Bedroom Oak Forest Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oak Forest is starting from $1,650 at The Residences at 159 Tinley Park Place.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.