14521 Richmond Ave
PosenIL60469
Cheap Homes for Rent in Oak Forest, IL from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Oak Forest.
12863 S Normal Ave
ChicagoIL60628
14643 Lamon Ave
MidlothianIL60445
13443 Greenwood Ave
Blue IslandIL60406
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.
17138 71st Ave
Tinley ParkIL60477
5325 Waterbury Ct, Unit 2701
5325 Waterbury Ct
CrestwoodIL60418
2821 147th St
PosenIL60469
3014 W 163rd St
MarkhamIL60428
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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Oak Forest, IL Local Guide
How much does it cost to rent a home in Oak Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Forest 2 Bedroom Homes for Rent | $2,133 | $1,525 | $2,850 |
| Oak Forest 3 Bedroom Homes for Rent | $2,644 | $1,800 | $3,700 |
| Oak Forest 4 Bedroom Homes for Rent | $2,490 | $1,400 | $3,745 |
| Oak Forest 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Oak Forest
Explore Oak Forest
Oak Forest, IL Local Guide
- Oak Forest Neighborhoods
- Nearby Cities
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Cheapest Available Oak Forest Apartments for Rent and Nearby
The cheapest available apartment rental in Oak Forest, IL is a 1 Bed unit found at Edgewater Walk Apartments in the Barrett Brothers neighborhood priced from $1,285. Heritage Manor in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Oak Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Edgewater Walk Apartments | 1BR | 1BR,1BA | $1,285 |
| Heritage Manor | 1BR/1BATH | 1BR,1BA | $1,450 |
| The Residences at 159 Tinley Park Place | 2 Bedroom Small | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Oak Forest, IL and Nearby
As of July 08, 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 2BR/2.0BA Model at One Fifty Seven Oak Forest starting at $2,495 with a $2.42 price per square foot in the Chateaux neighborhood. Here is today’s list of the best values for Oak Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 15930 Laramie Ave | oak forest single family Home | 3BR,2BA | $1.06 |
| One Fifty Seven Oak Forest | 2BR/2.0BA | 2BR,2BA | $2.42 |
| Heritage Manor | 1BR/1BATH | 1BR,1BA | $1.53 |
| The Residences at 159 Tinley Park Place | 2 Bedroom Large | 2BR,1BA | $1.95 |
| Edgewater Walk Apartments | 1BR | 1BR,1BA | $1.58 |
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.
Read Article
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
Read ArticleA 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
Read ArticleReal 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.
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.
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Best Local Schools in Oak Forest, IL
Lee R Foster Elementary School
Forest Ridge School District 142
Public School - Grades K-5 (377)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oak Forest, IL Rentals by Map
See the most popular apartments and homes in Oak Forest, IL
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 $950 to $13,620. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Forest ranging from $1,275 to $3,745.
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 $1,275 to $3,745 with an average monthly rent of $2,408.
How much are larger Three and Four Bedroom Rentals in Oak Forest?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Forest range from $2,050 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,700. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $10,000.
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
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.
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.
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.
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
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.
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.
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.
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.