
Cheap Homes for Rent in Downtown Park Forest Neighborhood of Park Forest, IL from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Park Forest area of Park Forest.


91 W 26th St
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.

255 Sauk Trail

580 W 16th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,750 | $1,750 | $1,750 |
Downtown Park Forest 3 Bedroom Homes for Rent | $2,171 | $2,000 | $2,400 |
Downtown Park Forest 4 Bedroom Homes for Rent | $2,680 | $2,200 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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
- Nearby Park Forest neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Downtown Park Forest, IL
As of May 31, 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 2 Bed 1 Bath Townhouse W/D Model at Central Park Apartments & Townhomes starting at $1,600 with a $1.21 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. |
---|---|---|---|
Oakwood Townhomes | 3 Bedroom | 3BR,1BA | $1.41 |
Central Park Apartments & Townhomes | 2 Bed 1 Bath Townhouse W/D | 2BR,1BA | $1.21 |
Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
56 W 25th St, Unit Back | 56 W 25th St | 2BR,1BA | $1.94 |
Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.74 |
Olympic Village Apartments | The Pine | 1BR,1BA | $1.52 |
Crest Apartments | Studio | Studio ,1BA | $1.67 |
Linden Park Apartments | Studio A | Studio ,1BA | $2.61 |
51 W 21st St, Unit 2 | 51 W 21st St | 3BR,1BA | $17.00 |
Quick Rent Budget Calculator
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.
Frequently Asked Questions about Downtown Park Forest
What type of rentals are currently available in Downtown Park Forest?
There are currently 69 Apartments for Rent in Downtown Park Forest, IL with pricing that ranges from $750 to $3,614. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Park Forest ranging from $1,075 to $3,000.
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 $1,075 to $3,000 with an average monthly rent of $1,919.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.