
Cheap Homes for Rent in Park Forest, IL from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Park Forest.


101 E 23rd St

130 E Lincoln Hwy

4117-4123 Lindenwood Dr

3484 Western Ave
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3530 214th St, Unit 6

37 W 14th Pl, Unit 2

2051 Ridge Rd

5104 Augusta Blvd

1 IL-1
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1631 Buena Vista Ave
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 | $2,058 | $1,825 | $2,300 |
| Park Forest 3 Bedroom Homes for Rent | $2,296 | $900 | $3,700 |
| Park Forest 4 Bedroom Homes for Rent | $2,655 | $1,200 | $4,500 |
Browse Top Homes for Rent in Park Forest
Explore Park Forest
Park Forest, IL Local Guide
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Cheapest Available Park Forest Apartments for Rent
 The cheapest available apartment rental in Park Forest, IL is a 1 Bed unit found at Oakwood Apartments in the Chateaux neighborhood priced from $900. Linden Park Apartments in the Downtown Park Forest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,110. Here is today’s list of the most affordable Park Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakwood Apartments | 1 Beds, 1 Baths | 1BR,1BA | $900 |
| Linden Park Apartments | Studio B | Studio,1BA | $1,110 |
| Carriage Creek Apartments | Studio Mid-Rise | Studio,1BA | $1,135 |
| Dynasty House Apartments | 1 Bedroom UNIV | 1BR,1BA | $1,305 |
| Maple Leaf Apartments | Mid-rise | 1BR,1BA | $1,320 |
Best Value Apartments for Rent in Park Forest, IL
As of July 30, 2026 the best value apartment in the Park Forest area is the $1.45 price per square foot 818 Sandra Dr Model at 818 Sandra Dr, Unit 818 Sandra Dr in the in the University Park neighborhood starting from $1,600. The second greatest value Park Forest apartment is the 3 Bedroom UNIV Model at Dynasty House Apartments starting at $1,905 with a $1.86 price per square foot in the University Park 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. |
|---|---|---|---|
| 818 Sandra Dr, Unit 818 Sandra Dr | 818 Sandra Dr | 2BR,1.5BA | $1.45 |
| Dynasty House Apartments | 3 Bedroom UNIV | 3BR,2BA | $1.86 |
| Park Towers Apartments | 2 Bed 2 Bath A Remodel | 2BR,2BA | $1.78 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.72 |
| Maple Leaf Apartments | Garden | 1BR,1BA | $1.66 |
| Westbridge Apartments | 1 Bed 1 Bath B Renovated | 1BR,1BA | $1.79 |
| 2805 Commercial Ave | 2805 Commercial Ave | 2BR,1BA | $1.75 |
| 24 W 37th St, Unit #2 | 24 W 37th St | 2BR,1BA | $1.86 |
| Oakwood Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.80 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
Indiana Elementary School
Rich East Campus High School
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 $900 to $2,430. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Forest ranging from $875 to $4,500.
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 $875 to $4,500 with an average monthly rent of $1,900.
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.
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