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$1,365 - $1,9951 to 3 Bedroom Apartments Available Now
Oakwood Townhomes
3324 Western AvePark Forest, IL 60466
Cheap Apartments for Rent in the Downtown Park Forest Neighborhood of Park Forest, IL from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Park Forest area of Park Forest.
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$1,415 - $1,5701 to 2 Bedroom Apartments Available Now
Westbridge Apartments
23433-23451 S Western AvePark Forest, IL 60466
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Studio to 3 Bedroom Apartments
Autumn Ridge
119 E Sycamore DrPark Forest, IL 60466
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1 to 3 Bedroom Apartments
Central Park
11 Fir StPark Forest, IL 60466
3484 Western Ave
Park ForestIL60466
325 Onarga St
Park ForestIL60466
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$1,050 - $1,715Studio to 3 Bedroom Apartments Available Now
Linden Park Apartments
316 W 34th StSteger, IL 60475
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,100
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2 Bedroom Apartment Available NowTotal Monthly Price
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$1,100
Total Monthly Price
$1,100
1541 Euclid Ave, Unit Apartment #1
1541 Euclid AveChicago Heights, IL 60411
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$1,200 - $1,6451 to 3 Bedroom Apartments Available Now
Olympic Village Apartments
31 Olympic VlgChicago Heights, IL 60411
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$1,299 - $1,9591 to 3 Bedroom Apartments Available Now
Cedar Ridge Apartments
100 Cedar Ridge LnRichton Park, IL 60471
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$1,3002 Bedroom Apartments Available Now
392 W Hickory St, Unit 1E
392 W Hickory StChicago Heights, IL 60411
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$1,3002 Bedroom Apartments Available Now
392 W Hickory St, Unit 2E
392 W Hickory StChicago Heights, IL 60411
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$1,380 - $1,7951 to 2 Bedroom Apartments Available Now
Park Towers Apartments
3905 Tower DrRichton Park, IL 60471
631 Andover 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.
1267 Division St
Chicago HeightsIL60411
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$1,680 - $2,4301 to 3 Bedroom Apartments Available Now
Matteson Blu
4046 Lindenwood DrMatteson, IL 60443
63 W Hickory St
Chicago HeightsIL60411
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1 to 2 Bedroom Apartments
The Residences at Carriage Creek
4201 Sauk TrlRichton Park, IL 60471
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1 to 2 Bedroom Apartments
4035 Lindenwood Dr
4035 Lindenwood DrMatteson, IL 60443
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1 to 2 Bedroom Apartments
Richton Square Apartments
22300 Richton Square RdRichton Park, IL 60471
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1 to 3 Bedroom Apartments
Cedar Ridge Apartments
950 Cedar Ridge LnRichton Park, IL 60471
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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1 to 2 Bedroom Apartments
Lindenwood Courts
4206 Lindenwood DrMatteson, IL 60443
444 W Hickory St
Chicago HeightsIL60411
Showing Results 1-23, Page 1 of 1
Downtown Park Forest, Park Forest, IL Local Guide
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 | $1,050 | $1,050 | $1,050 |
| Downtown Park Forest 1 Bedroom Apartments | $1,357 | $1,160 | $1,680 |
| Downtown Park Forest 2 Bedroom Apartments | $1,667 | $1,100 | $1,930 |
| Downtown Park Forest 3 Bedroom Apartments | $2,128 | $1,645 | $2,430 |
| Downtown Park Forest 4 Bedroom Apartments | $2,075 | $1,850 | $2,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 23 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 Linden Park Apartments priced from $1,050. Park Towers Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,380. Here are the most affordable Downtown Park Forest apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Linden Park Apartments | Studio A | Studio,1BA | $1,050 |
| Park Towers Apartment Homes | 1 Bed 1 Bath A | 1BR,1BA | $1,380 |
| Westbridge Apartments | 1 Bed 1 Bath B Renovated | 1BR,1BA | $1,415 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1,440 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhome Renovated | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Downtown Park Forest, IL
As of June 12, 2026 the best value apartment in the Downtown Park Forest area is the $1.16 price per square foot 1665 Buena Vista Ave Model at 1665 Buena Vista Ave, Unit 3 in the in the Indian Hill neighborhood starting from $1,850. The second greatest value Downtown 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 Downtown Park Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1665 Buena Vista Ave, Unit 3 | 1665 Buena Vista Ave | 4BR,1BA | $1.16 |
| 48 W 21st St | 48 W 21st St | 5BR,2BA | $2.08 |
| Park Towers Apartment Homes | 2 Bed 2 Bath A Remodel | 2BR,2BA | $1.93 |
| 1541 Euclid Ave, Unit Apartment #1 | 1541 Euclid Ave | 2BR,1BA | $1.22 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.72 |
| Westbridge Apartments | 1 Bed 1 Bath B Renovated | 1BR,1BA | $1.77 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.66 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhome Renovated | 1BR,1BA | $2.09 |
| Linden Park Apartments | Studio A | Studio ,1BA | $2.76 |
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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Real 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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How much rent can you afford?
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.
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Best Local Schools in Downtown Park Forest, Park Forest, IL
21st Century Preparatory Center
Park Forest School District 163
Public School - Grades K-5 (150)
4 out of 10
Rich East Campus High School
Rich Twp Hsd 227 School District
Public School - Grades 9-12 (913)
4 out of 10
Michelle Obama School of Technology
Park Forest School District 163
Public School - Grades 6-8 (423)
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 Park Towers Apartment Homes which is listed at $1,380, while the average apartment in Downtown Park Forest costs $2,500.
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 1 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 $125 which is $2,375 cheaper than the average rent for all rentals in Downtown Park Forest.
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.
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.