Cheap Homes for Rent in River Forest, IL from $1,200 (41 Rentals)

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Search the lowest-cost Homes available for rent right now in River Forest.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 7321 14th St

$1,399 - $1,599

Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $1,599

Total Monthly Price
$1,399 - $1,599

1 To 2 Bedroom Condos for Rent

Available Now

7321 14th St

Forest ParkIL60130

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.

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.

property at 424 Elgin Ave

$1,600 - $1,750

1 To 2 Bedroom Rentals

Available Now

424 Elgin Ave

Forest ParkIL60130
property at 1030 Dunlop Ave

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

2 Bedroom, 1 Bath Condo for Rent

Available Now

1030 Dunlop Ave, Unit 1, Unit 1

1030 Dunlop Ave
Forest ParkIL60130

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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!

River Forest, IL Local Guide

Cheapest Available River Forest Apartments for Rent and Nearby

 

The cheapest available apartment rental in River Forest, IL is a Studio unit found at 1000 - 1010 North Blvd in the Downtown Oak Park neighborhood priced from $995. 2110 S 5th Ave in the Maybrook Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here is today’s list of the most affordable River Forest apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1000 - 1010 North Blvd1002 1/2 - 37Studio,1BA$995
2110 S 5th AveStudio ApartmentStudio,1BA$1,030
1010-1012 S 2nd AveStudio ApartmentStudio,1BA$1,030
2115-2126 S 4th AveStudio ApartmentStudio,1BA$1,050
432-438 N. Austin Blvd.432-438 N. Austin StudioStudio,1BA$1,109
411-419 Thatcher Ave.411 Thatcher GHStudio,1BA$1,139
425-431 N. Humphrey Ave.427 N. Humphrey D1BR,1BA$1,245
7520 W Grand AveStudioStudio,1BA$1,250
Pleasant OakStudio - AStudio,1BA$1,250
516 Des Plaines Ave.StudioStudio,1BA$1,285

Best Value Apartments for Rent in River Forest, IL and Nearby

As of April 10, 2026 the best value apartment in the River Forest area is the $1.09 price per square foot 2305 N Melvina Ave Model at 2305 N Melvina Ave, Unit 1 in the in the Galewood neighborhood starting from $2,395. The second greatest value River Forest apartment is the 7131 W Altgeld St Model at 7131 W Altgeld St starting at $2,300 with a $1.35 price per square foot in the Dunning neighborhood. Here is today’s list of the best values for River Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2305 N Melvina Ave, Unit 12305 N Melvina Ave4BR,2BA$1.09
7131 W Altgeld St7131 W Altgeld St3BR,2BA$1.35
2807 N 74th Ct, Unit 3a2807 N 74th Ct2BR,1.5BA$1.32
62 Washington Blvd, Unit 362 Washington Blvd2BR,1BA$1.33
6323 W Fullerton Ave, Unit 36323 W Fullerton Ave3BR,1BA$1.50
930 North2 Bed 2 Bath2BR,2BA$1.75
901-927 Wesley Ave. and 705-711 Garfield St.901 Wesley2BR,1BA$1.68
515 South Blvd515 South BlvdStudio ,1BA$1.56
322-330 W Washington Blvd1Bd1Ba1BR,1BA$1.66
130-142 N. Humphrey Ave.130 N. Humphrey N & S1BR,1BA$1.71

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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The 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A 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

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about River Forest

What type of rentals are currently available in River Forest?

There are currently 951 Apartments for Rent in River Forest, IL with pricing that ranges from $995 to $7,846. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in River Forest ranging from $1,100 to $5,350.

What is the current price range for Rental Homes in River Forest?

Today's rental pricing for Homes for Rent, Condos and Townhomes in River Forest ranges from $1,100 to $5,350 with an average monthly rent of $2,859.

How much are larger Three and Four Bedroom Rentals in River Forest?

For those who are looking for larger living arrangements, Three Bedroom Apartments in River Forest range from $1,700 to $7,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $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.

Helpful Local Expert Guides

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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.

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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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.