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Cheap Apartments for Rent in the Downtown Park Forest Neighborhood of Park Forest, IL from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Park Forest area of Park Forest.
378 W 16th St
Chicago HeightsIL60411
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from $990Studio to 3 Bedroom Apartments Available Jun 20
Linden Park Apartments
316 W 34th StSteger, IL 60475
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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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Downtown Park Forest, 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 Downtown Park Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Park Forest Studio Apartments | $867 | $695 | $1,035 |
| Downtown Park Forest 1 Bedroom Apartments | $1,512 | $825 | $2,874 |
| Downtown Park Forest 2 Bedroom Apartments | $1,878 | $1,025 | $3,627 |
| Downtown Park Forest 3 Bedroom Apartments | $1,861 | $1,445 | $2,540 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Park Forest Neighborhood of Park Forest, IL.
See all Apartments in Park ForestExplore Park Forest
Downtown Park Forest, Park Forest, IL Local Guide
- Nearby Park Forest neighborhoods
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Cheapest Available Downtown Park Forest Apartments for Rent
The cheapest available apartment rental in the Downtown Park Forest area of Chicago, IL is a Studio unit found at Crest Apartments priced from $750. Carriage Creek Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here are the most affordable Downtown Park Forest apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $750 |
| Carriage Creek Apartments | 2 bedroom | 2BR,1BA | $1,025 |
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Downtown Park Forest, IL
As of June 14, 2025 the best value apartment in the Downtown Park Forest area is the $1.41 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,900. The second greatest value Downtown Park Forest apartment is the 3536 Front St Model at 3536 Front St, Unit 1West starting at $1,395 with a $1.40 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Downtown Park Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oakwood Townhomes | 3 Bedroom | 3BR,1BA | $1.41 |
| 3536 Front St, Unit 1West | 3536 Front St | 1BR,1BA | $1.40 |
| Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.74 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.74 |
| Central Park Apartments & Townhomes | 1 Bed 1 Bath B | 1BR,1BA | $1.66 |
| Olympic Village Apartments | The Pine | 1BR,1BA | $1.52 |
| Crest Apartments | Studio | Studio ,1BA | $1.67 |
| 51 W 21st St, Unit 2 | 51 W 21st St | 3BR,1BA | $17.00 |
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Pet Friendly LifestyleDowntown Park Forest, Park Forest, IL
Ranked #1
Among neighborhoods in Park Forest, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Park Forest, Park Forest, IL
21st Century Preparatory Center
Park Forest School District 163
Public School - Grades K-3 (157)
3 out of 10
Rich East Campus High School
Rich Twp Hsd 227 School District
Public School - Grades 9-12 (898)
4 out of 10
Michelle Obama School of Technology
Park Forest School District 163
Public School - Grades 6-8 (484)
4 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Park Forest Apartments
What is the price of a cheap apartment in Downtown Park Forest?
The cheapest apartment in Downtown Park Forest is Crest Apartments which is listed at $825, while the average apartment in Downtown Park Forest costs $1,817.
What types of apartments are the cheapest in Downtown Park Forest?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Downtown Park Forest that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Park Forest?
Cheap apartments in Downtown Park Forest have an average cost of $292 which is $1,525 cheaper than the average rent for all rentals in Downtown Park Forest.
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.
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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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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.