
Cheap Homes for Rent in Park Forest, IL from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Park Forest.


90 28th St
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.

4061 Charleston Rd

4061 Charleston Rd

41 W 14th Pl

910 Morningside Ln
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.

3719 216th Pl
Park Forest, IL Local Guide

How much does it cost to rent a home in Park Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Park Forest 2 Bedroom Homes for Rent | $1,660 | $1,350 | $2,400 | 
| Park Forest 3 Bedroom Homes for Rent | $2,121 | $1,500 | $2,790 | 
| Park Forest 4 Bedroom Homes for Rent | $2,384 | $1,950 | $3,610 | 
| Park Forest 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 | 
Browse Top Homes for Rent in Park Forest
Explore Park Forest
Park Forest, IL Local Guide
- Park Forest Neighborhoods
- Nearby Cities
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Cheapest Available Park Forest Apartments for Rent and Nearby
 The cheapest available apartment rental in Park Forest, IL is a 2 Beds unit found at Carriage Creek Apartments in the Lincoln Station neighborhood priced from $1,025. Olympic Village Apartments in the Indian Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,201. Here is today’s list of the most affordable Park Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1,025 | 
| Olympic Village Apartments | The Pine | 1BR,1BA | $1,201 | 
| Dynasty House Apartments | 1 Bedroom UNIV | 1BR,1BA | $1,240 | 
Best Value Apartments for Rent in Park Forest, IL and Nearby
As of October 31, 2025 the best value apartment in the 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 Park Forest apartment is the Two Bedroom 2 Bath-910 sqft Model at Park Towers Apartment Homes starting at $1,615 with a $1.77 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for 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 | 
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.77 | 
| Carriage Creek Apartments | 2 bedroom | 2BR,1BA | $1.42 | 
| Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.71 | 
| Arbors at Hickory Creek | Aspen | 1BR,1BA | $2.01 | 
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 | 
| Dynasty House Apartments | 1 Bedroom UNIV | 1BR,1BA | $1.68 | 
| 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 ArticleDon'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 ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
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 ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
Best Local Schools in Park Forest, IL
Rich East Campus High School
Blackhawk Intermediate Center
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Park Forest, IL Rentals by Map
See the most popular apartments and homes in Park Forest, IL
Frequently Asked Questions about Park Forest
What type of rentals are currently available in Park Forest?
There are currently 114 Apartments for Rent in Park Forest, IL with pricing that ranges from $750 to $13,043. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Forest ranging from $950 to $3,610.
What is the current price range for Rental Homes in Park Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Forest ranges from $950 to $3,610 with an average monthly rent of $1,785.
How much are larger Three and Four Bedroom Rentals in Park Forest?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Forest range from $1,640 to $2,305, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,790. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $10,000.
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.

