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Cheap Apartments for Rent in Park Forest, IL from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Park Forest.
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$1,000 - $1,730Studio to 3 Bedroom Apartments Available Now
Linden Park Apartments
316 W 34th StSteger, IL 60475
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$1,025 - $1,3502 Bedroom Apartments Available Now
Carriage Creek Apartments
22501 Butterfield DrRichton Park, IL 60471
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$1,0501 Bedroom Apartments Available Now
3341 Commercial Ave
3341 Commercial AveSouth Chicago Heights, IL 60411
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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$1,0501 Bedroom Apartments Available Now
3341 Commercial Ave
3341 Commercial AveSouth Chicago Heights, IL 60411
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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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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 | $1,006 | $950 | $1,130 |
| Cheap Park Forest 1 Bedroom Apartments | $1,337 | $1,050 | $2,250 |
| Cheap Park Forest 2 Bedroom Apartments | $1,551 | $1,025 | $1,990 |
| Cheap Park Forest 3 Bedroom Apartments | $1,869 | $1,500 | $2,305 |
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 Studio unit found at Linden Park Apartments in the Downtown Park Forest neighborhood priced from $1,000. Carriage Creek Apartments in the Lincoln Station neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Park Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Linden Park Apartments | Studio A | Studio,1BA | $1,000 |
| Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1,025 |
| Olympic Village Apartments | The Pine | 1BR,1BA | $1,201 |
| Dynasty House Apartments | 1 Bedroom UNIV | 1BR,1BA | $1,240 |
| Central Park | 1 Bedroom 1 Bath | 1BR,1BA | $1,289 |
Best Value Apartments for Rent in Park Forest, IL
As of December 09, 2025 the best value apartment in the Park Forest area is the $1.29 price per square foot 1327 Otto Blvd Model at 1327 Otto Blvd, Unit 2 in the in the Indian Hill neighborhood starting from $1,675. The second greatest value Park Forest apartment is the 724 Peoria St Model at 724 Peoria St, Unit Unit 2 starting at $1,800 with a $1.50 price per square foot . 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. |
|---|---|---|---|
| 1327 Otto Blvd, Unit 2 | 1327 Otto Blvd | 3BR,1BA | $1.29 |
| 724 Peoria St, Unit Unit 2 | 724 Peoria St | 3BR,1BA | $1.50 |
| 818 Sandra Dr, Unit 818 Sandra Dr | 818 Sandra Dr | 2BR,1.5BA | $1.45 |
| Westbridge Apartments | 2 Bed 2 Bath Renovated | 2BR,2BA | $1.60 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.84 |
| Carriage Creek Apartments | 2 bedroom | 2BR,1BA | $1.42 |
| Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.84 |
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 |
| Dynasty House Apartments | 1 Bedroom UNIV | 1BR,1BA | $1.68 |
| Central Park | 1 Bedroom 1 Bath | 1BR,1BA | $1.78 |
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
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 ArticleQuick Rent Budget Calculator
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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
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 $1,000.
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 $1,025 at Carriage Creek 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 Olympic Village Apartments and starts from $1,640.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.