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Cheap Apartments for Rent in Park Forest, IL from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Park Forest.
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51 W 21st St
Chicago HeightsIL60411
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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Studio to 1 Bedroom Apartments
Eagle Ridge Apartments
3331-3351 S Commercial AveSouth Chicago Heights, IL 60411
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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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Showing Results 1-10, Page 1 of 1
Park Forest, IL Local Guide
Park Forest by David Wilson is licensed under CC BY 2.0
How much does it cost to rent an apartment in Park Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Park Forest Studio Apartments | $916 | $750 | $1,050 |
| Cheap Park Forest 1 Bedroom Apartments | $1,349 | $1,150 | $1,613 |
| Cheap Park Forest 2 Bedroom Apartments | $1,573 | $1,025 | $1,990 |
| Cheap Park Forest 3 Bedroom Apartments | $1,909 | $1,000 | $2,540 |
| Cheap Park Forest 4 Bedroom Apartments | $7,076 | $6,564 | $7,588 |
Browse Top Apartments in Park Forest
See all Apartments in Park ForestExplore Park Forest
Park Forest, IL Local Guide
Written By:
Justin HabersaatEditing Staff
- Park Forest Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Park Forest Apartments for Rent
The cheapest available apartment rental in Park Forest, IL is a 1 Bed unit found at Olympic Village Apartments in the Indian Hill neighborhood priced from $1,201. Park Towers Apartment Homes in the Lincoln Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,290. Here is today’s list of the most affordable Park Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olympic Village Apartments | The Pine | 1BR,1BA | $1,201 |
| Park Towers Apartment Homes | One Bedroom | 1BR,1BA | $1,290 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhouse | 1BR,1BA | $1,365 |
Best Value Apartments for Rent in Park Forest, IL
As of September 08, 2025 the best value apartment in the Park Forest area is the $1.69 price per square foot 3 Bed 1.5 Bath Remodel B Model at Linden Park Apartments in the in the Downtown Park Forest neighborhood starting from $1,790. The second greatest value Park Forest apartment is the 3 Bedrooms, 1.5 Bathrooms Model at Matteson Blu starting at $2,540 with a $2.67 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Park Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Linden Park Apartments | 3 Bed 1.5 Bath Remodel B | 3BR,1.5BA | $1.69 |
| Matteson Blu | 3 Bedrooms, 1.5 Bathrooms | 3BR,1.5BA | $2.67 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.74 |
| Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.71 |
| Arbors at Hickory Creek | Aspen | 1BR,1BA | $2.03 |
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhouse | 1BR,1BA | $1.89 |
| 77 W 23rd St, Unit 1B | 77 W 23rd St | Studio ,1BA | $1.25 |
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Park Forest Overview
"With a population of around 20,000 and located due south of the big city excitement of Chicago, Park Forest apartments are a great way to get to experience all that life in Illinois has to offer. Touting the motto ""Live, Grow, Discover"", this 'little big city' has much to offer in the way of opportunity and convenience."
Why live in Park Forest, IL?
Home to both natural public park beauty and modern city convenience, Park Forest apartments are an ideal way to get closer to the charm of Illinois. Offering much in the way of schools, employment opportunities and nearby big city cultural experiences, this is one hot spot that should be high on the list for anyone considering a move to the greater Chicago metro vicinity.
Best Local Schools in Park Forest, IL
Rich East Campus High School
Rich Twp Hsd 227 School District
Public School - Grades 9-12 (898)
4 out of 10
Blackhawk Intermediate Center
Park Forest School District 163
Public School - Grades K-3 (163)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Park Forest, IL Rentals by Map
See the most popular apartments and homes in Park Forest, IL
Getting Around Park Forest, IL
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Park Forest Apartments
How much is rent for a Cheap One Bedroom Park Forest Apartment?
The lowest price for a Cheap One Bedroom Park Forest Apartment is $1,201 at Olympic Village Apartments.
What is the lowest price for a Cheap Two Bedroom Park Forest Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Park Forest is starting from $1,375 at Richton Trail.
What is the most affordable Park Forest Three Bedroom Apartment?
The best deal on a cheap Park Forest Three Bedroom Apartment rental is at Olympic Village Apartments and starts from $1,640.
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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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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Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
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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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.