
Cheap Homes for Rent in Downtown Park Forest Neighborhood of Park Forest, IL from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Park Forest area of Park Forest.


159 Hemlock St
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.

23622 S Ashland Ave

21 Indianwood Blvd

3618 Western Ave
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.

102 W Main St
Downtown Park Forest, Park Forest, IL Local Guide

How much does it cost to rent a home in Downtown Park Forest?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Park Forest 2 Bedroom Homes for Rent | $1,825 | $1,600 | $2,450 |
Downtown Park Forest 3 Bedroom Homes for Rent | $2,101 | $1,700 | $2,445 |
Downtown Park Forest 4 Bedroom Homes for Rent | $2,900 | $2,700 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Park Forest Neighborhood of Park Forest, IL.
Explore Park Forest
Downtown Park Forest, Park Forest, IL Local Guide
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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 1 Bed unit found at Olympic Village Apartments priced from $1,201. Oakwood Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,365. Here are the most affordable Downtown Park Forest apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Olympic Village Apartments | The Pine | 1BR,1BA | $1,201 |
Oakwood Townhomes | 1 Bedroom | 1BR,1BA | $1,365 |
4206 Lindenwood Drive | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1,465 |
Best Value Apartments for Rent in Downtown Park Forest, IL
As of July 26, 2025 the best value apartment in the Downtown Park Forest area is the $1.15 price per square foot 3536 Front St Model at 3536 Front St, Unit 2East in the in the Lincoln Station neighborhood starting from $1,150. The second greatest value Downtown Park Forest apartment is the The Spruce Model at Olympic Village Apartments starting at $1,440 with a $1.89 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. |
---|---|---|---|
3536 Front St, Unit 2East | 3536 Front St | 1BR,1BA | $1.15 |
Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 |
4206 Lindenwood Drive | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $2.02 |
Oakwood Townhomes | 1 Bedroom | 1BR,1BA | $1.93 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Park Forest
What type of rentals are currently available in Downtown Park Forest?
There are currently 60 Apartments for Rent in Downtown Park Forest, IL with pricing that ranges from $1,150 to $3,237. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Park Forest ranging from $1,195 to $3,200.
What is the current price range for Rental Homes in Downtown Park Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Park Forest ranges from $1,195 to $3,200 with an average monthly rent of $2,030.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
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.