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Cheap Homes for Rent in Park Forest, IL from $900 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Park Forest.
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3353 Commercial Ave
South Chicago HeightsIL60411
3343 Commercial Ave
South Chicago HeightsIL60411
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$1,0501 Bedroom Apartments Available Now
3341 Commercial Ave
3341 Commercial AveSouth Chicago Heights, IL 60411
3341 Commercial Ave
South Chicago HeightsIL60411
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$1,0501 Bedroom Apartments Available Now
3341 Commercial Ave
3341 Commercial AveSouth Chicago Heights, IL 60411
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.
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5 Thomas Ct
Richton ParkIL60471
3484 Western Ave
Park ForestIL60466
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4542 Heartland Dr
Richton ParkIL60471
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.
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$1,4502 Bedroom Apartments Available Jan 2, 2026
4327 Lindenwood Dr
4327 Lindenwood DrMatteson, IL 60443
41 W 14th Pl
Chicago HeightsIL60411
21 Indianwood Blvd
Park ForestIL60466
4061 Charleston Rd
MattesonIL60443
4061 Charleston Rd
MattesonIL60443
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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
3002 Green St
StegerIL60475
Showing Results 1-22, Page 1 of 1
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 Park Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Forest 2 Bedroom Homes for Rent | $1,656 | $1,400 | $2,200 |
| Park Forest 3 Bedroom Homes for Rent | $2,138 | $1,550 | $3,000 |
| Park Forest 4 Bedroom Homes for Rent | $2,235 | $1,860 | $2,700 |
Browse Top Homes for Rent in Park Forest
Explore Park Forest
Park Forest, IL Local Guide
- Park Forest Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Park Forest Apartments for Rent
The cheapest available apartment rental in Park Forest, IL is a Studio unit found at Linden Park Apartments in the Downtown Park Forest neighborhood priced from $1,000. Carriage Creek Apartments in the Lincoln Station neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Park Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Linden Park Apartments | Studio A | Studio,1BA | $1,000 |
| 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 |
| Central Park | 1 Bedroom 1 Bath | 1BR,1BA | $1,264 |
Best Value Apartments for Rent in Park Forest, IL
As of December 20, 2025 the best value apartment in the Park Forest area is the $1.19 price per square foot 2 Bedroom 1 Bath Townhouse Model at Central Park in the in the Lincoln Station neighborhood starting from $1,579. The second greatest value Park Forest apartment is the 1327 Otto Blvd Model at 1327 Otto Blvd, Unit 2 starting at $1,675 with a $1.29 price per square foot in the Indian Hill 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. |
|---|---|---|---|
| Central Park | 2 Bedroom 1 Bath Townhouse | 2BR,1BA | $1.19 |
| 1327 Otto Blvd, Unit 2 | 1327 Otto Blvd | 3BR,1BA | $1.29 |
| 724 Peoria St, Unit 2 | 724 Peoria St | 3BR,1BA | $1.50 |
| 818 Sandra Dr, Unit 818 Sandra Dr | 818 Sandra Dr | 2BR,1.5BA | $1.45 |
| Westbridge Apartments | 2 Bed 2 Bath Renovated | 2BR,2BA | $1.57 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.81 |
| Carriage Creek Apartments | 2 bedroom | 2BR,1BA | $1.42 |
| Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.84 |
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 |
| Dynasty House Apartments | 1 Bedroom UNIV | 1BR,1BA | $1.68 |
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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Best 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
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Best Local Schools in Park Forest, IL
Rich East Campus High School
Rich Twp Hsd 227 School District
Public School - Grades 9-12 (898)
4 out of 10
Blackhawk Intermediate Center
Park Forest School District 163
Public School - Grades K-3 (163)
6 out of 10
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 112 Apartments for Rent in Park Forest, IL with pricing that ranges from $950 to $13,417. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Forest ranging from $950 to $3,000.
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 $3,000 with an average monthly rent of $1,629.
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 $1,500 to $2,305, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,860 and Four Bedroom Apartments start at $10,000.
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.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.