Cheap Apartments for Rent in Park Forest, IL from $600 (6 Rentals)

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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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Eagle Ridge Apartments
Studio to 1 Bedroom Apartments

Eagle Ridge Apartments

3331-3351 S Commercial AveSouth Chicago Heights, IL 60411

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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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Oakwood Apartments
1 to 2 Bedroom Apartments

Oakwood Apartments

421-505 Dixie HwyChicago Heights, IL 60411
  • Utilities Included
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4035 Lindenwood Dr
1 to 2 Bedroom Apartments

4035 Lindenwood Dr

4035 Lindenwood DrMatteson, IL 60443
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Richton Square Apartments
1 to 2 Bedroom Apartments

Richton Square Apartments

22300 Richton Square RdRichton Park, IL 60471
  • 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.

Park Forest, IL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Available Park Forest Apartments for Rent

 

The cheapest available apartment rental in Park Forest, IL is a Studio unit found at Linden Park Apartments in the Downtown Park Forest neighborhood priced from $1,040. Carriage Creek Apartments in the Lincoln Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here is today’s list of the most affordable Park Forest apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linden Park ApartmentsStudio AStudio,1BA$1,040
Carriage Creek Apartments1 Bed 1 Bath Mid-Rise B (Heat Included)1BR,1BA$1,230
Maple Leaf ApartmentsMid-rise1BR,1BA$1,320

Best Value Apartments for Rent in Park Forest, IL

As of March 23, 2026 the best value apartment in the Park Forest area is the $1.48 price per square foot 3 Bedroom 1 Bath Townhome Renovated Model at Oakwood Townhomes in the in the Lincoln Station neighborhood starting from $1,995. The second greatest value Park Forest apartment is the 48 W 21st St Model at 48 W 21st St starting at $2,500 with a $2.08 price per square foot in the Indian Hill neighborhood. Here is today’s list of the best values for Park Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes3 Bedroom 1 Bath Townhome Renovated3BR,1BA$1.48
48 W 21st St48 W 21st St5BR,2BA$2.08
818 Sandra Dr, Unit 818 Sandra Dr818 Sandra Dr2BR,1.5BA$1.45
Maple Leaf ApartmentsMid-rise2BR,1.5BA$1.59
Park Towers Apartment HomesTwo Bedroom 2 Bath-910 sqft2BR,2BA$1.73
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.72
Dynasty House Apartments2 Bedroom UNIV2BR,1BA$1.63
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1.74
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.75
Carriage Creek Apartments1 Bed 1 Bath Mid-Rise B (Heat Included)1BR,1BA$1.79

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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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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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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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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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.

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

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Frequently Asked Questions about Cheap Park Forest Apartments

What is the Cheapest Studio apartment in Park Forest?

Currently the most affordable Cheap Studio Apartment in Park Forest is at Linden Park Apartments listed at $1,040.

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

The lowest price for a Cheap One Bedroom Park Forest Apartment is $1,230 at Carriage Creek 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 $1,405 at Linden Park Apartments.

What is the most affordable Park Forest Three Bedroom Apartment?

The best deal on a cheap Park Forest Three Bedroom Apartment rental is at Linden Park Apartments and starts from $1,730.

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

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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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.