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Cheap Homes for Rent in Downtown Park Forest Neighborhood of Park Forest, IL from $1,500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Park Forest area of Park Forest.
4061 Charleston Rd
MattesonIL60443
4061 Charleston Rd
MattesonIL60443
23622 S Ashland Ave
CreteIL60417
41 W 14th Pl
Chicago HeightsIL60411
3719 216th Pl
MattesonIL60443
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.
305 Meota St
Park ForestIL60466
603 Brookline St
Chicago HeightsIL60411
21 Indianwood Blvd
Park ForestIL60466
1668 Buena Vista Ave
Chicago HeightsIL60411
291 W 17th St
Chicago HeightsIL60411
1 Main St
Park ForestIL60466
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.
Showing Results 1-12, Page 1 of 1
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 a home in Downtown Park Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Park Forest 2 Bedroom Homes for Rent | $1,592 | $1,500 | $1,900 |
| Downtown Park Forest 3 Bedroom Homes for Rent | $2,046 | $1,500 | $2,750 |
| Downtown Park Forest 4 Bedroom Homes for Rent | $2,388 | $2,195 | $2,700 |
| Downtown Park Forest 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Park Forest Neighborhood of Park Forest, IL.
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Downtown Park Forest, Park Forest, IL Local Guide
- Nearby Park Forest neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Central Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,294. 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 |
| Central Park | 1 Bedroom 1 Bath | 1BR,1BA | $1,294 |
| Linden Park Apartments | 1 Bed 1 Bath Renovated A | 1BR,1BA | $1,305 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1,615 |
| Oakwood Townhomes | 3 Bedroom 1 Bath Townhouse | 3BR,1BA | $1,825 |
Best Value Apartments for Rent in Downtown Park Forest, IL
As of October 28, 2025 the best value apartment in the Downtown Park Forest area is the $1.35 price per square foot 3 Bedroom 1 Bath Townhouse Model at Oakwood Townhomes in the in the Lincoln Station neighborhood starting from $1,825. The second greatest value Downtown Park Forest apartment is the 1 Bedroom 1 Bath Model at Central Park starting at $1,294 with a $1.09 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 1 Bath Townhouse | 3BR,1BA | $1.35 |
| Central Park | 1 Bedroom 1 Bath | 1BR,1BA | $1.09 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.77 |
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.74 |
| Linden Park Apartments | 1 Bed 1 Bath Renovated A | 1BR,1BA | $2.07 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDowntown Park Forest, Park Forest, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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)
5 out of 10
School data provided by Great Schools
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 $1,000 to $2,305. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Park Forest ranging from $1,500 to $2,750.
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 $1,500 to $2,750 with an average monthly rent of $2,131.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.