Cheap Homes for Rent in Oak Forest, IL from $600 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

Oak Forest, IL Local Guide

Cheapest Available Oak Forest Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The Residences at 159 Tinley Park Place1 Bedroom Small1BR,1BA$1,449
Edgewater Walk Apartments2BR2BR,2BA$1,450

Best Value Apartments for Rent in Oak Forest, IL

As of September 14, 2025 the best value apartment in the Oak Forest area is the $1.28 price per square foot 2BR Model at Edgewater Walk Apartments in the in the Barrett Brothers neighborhood starting from $1,450. The second greatest value Oak Forest apartment is the 5918 Corey Ln Model at 5918 Corey Ln, Unit 1Bl starting at $1,775 with a $1.97 price per square foot in the Forestview Hills 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.
Edgewater Walk Apartments2BR2BR,2BA$1.28
5918 Corey Ln, Unit 1Bl5918 Corey Ln2BR,1BA$1.97
The Residences at 159 Tinley Park Place1 Bedroom Small1BR,1BA$2.30

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.

decorative image of people with a giant lease agreement

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

Explore Oak Forest, IL Rentals by Map

View Map
Oak Forest, IL Apartments Map
View Map
Oak Forest, IL Rental Homes Map

Frequently Asked Questions about Oak Forest

What type of rentals are currently available in Oak Forest?

There are currently 191 Apartments for Rent in Oak Forest, IL with pricing that ranges from $1,150 to $8,187. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Forest ranging from $600 to $4,250.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Forest ranges from $600 to $4,250 with an average monthly rent of $2,443.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.