
New Apartments for Rent in Park Forest, IL (2 Rentals)

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

Otto Square Veterans
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Park Forest, IL Local Guide

How much does it cost to rent an apartment in Park Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Park Forest Studio Apartments | $1,061 | $950 | $1,135 |
| New Park Forest 1 Bedroom Apartments | $1,332 | $1,095 | $1,680 |
| New Park Forest 2 Bedroom Apartments | $1,579 | $1,300 | $1,930 |
| New Park Forest 3 Bedroom Apartments | $2,031 | $1,645 | $2,430 |
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Park Forest, IL Local Guide

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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 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.
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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.
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
Indiana Elementary School
Rich East Campus High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Park Forest
How much are Studio apartments in Park Forest?
There are currently 35 Studio Apartments in Park Forest with rent ranges from $900 to $1,135 with an average price of $1,500.
What is the current price range for One Bedroom Park Forest Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Park Forest ranges from $1,095 to $1,680 with an average monthly rent of $1,332.
What does renting a Two Bedroom Apartment in Park Forest cost?
The monthly rent prices of Two Bedroom Apartments currently available in Park Forest range from $1,300 to $1,930. Today's average rental price for Two Bedrooms here is $1,579.
How expensive are Park Forest Three Bedroom Apartments?
There are currently 28 Three Bedroom Apartments listings available in Park Forest on ApartmentHomeLiving.com. The pricing ranges from $1,645 to $2,430 - averaging $2,031 for the location.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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Articles, How-To's, and Tips

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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.

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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.