Cheap Homes for Rent in Forest Park, IL from $1,000 (35 Rentals)

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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

property at 246 S Marion St

246 S Marion St

Oak ParkIL60302

Forest Park, IL Local Guide

Cheapest Available Forest Park Apartments for Rent

 

The cheapest available apartment rental in Forest Park, IL is a Studio unit found at 2115 S 4th Ave in the Maybrook Square neighborhood priced from $1,040. 1116 Washington - Oak Park in the Downtown Oak Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here is today’s list of the most affordable Forest Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2115 S 4th AveStudio ApartmentStudio,1BA$1,040
1116 Washington - Oak Park1116-408Studio,1BA$1,195
1000 - 1010 North Blvd1002 1/2 - 39Studio,1BA$1,195
3125-3129 S Harlem Ave3A1BR,1BA$1,200
618-632 S. Austin Blvd.618 S. Austin B, 624 S. Austin G, 626 S. Austin...1BR,1BA$1,219
21st Street51BR,1BA$1,250
Pleasant OakStudio - BStudio,1BA$1,250

Best Value Apartments for Rent in Forest Park, IL

As of May 18, 2025 the best value apartment in the Forest Park area is the $0.12 price per square foot 908 Lyman Ave Model at 908 Lyman Ave, Unit 2a in the in the Oak Park Historic District neighborhood starting from $1,225. The second greatest value Forest Park apartment is the 415 S. Taylor A Model at 415-425 S. Taylor Ave. starting at $2,449 with a $1.63 price per square foot in the Oak Park Historic District neighborhood. Here is today’s list of the best values for Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
908 Lyman Ave, Unit 2a908 Lyman Ave1BR,1BA$0.12
415-425 S. Taylor Ave.415 S. Taylor A3BR,2BA$1.63
1944 Euclid Ave, Unit #21944 Euclid Ave2BR,1BA$1.72
215 S 10th Ave, Unit 2215 S 10th Ave3BR,1BA$1.64
130-142 N. Humphrey Ave.142 N. Humphrey S1BR,1BA$1.38
218-228 Pleasant St. and 134-140 S. Harvey Ave218 Pleasant G2BR,1BA$1.51
1620 East Ave, Unit 11620 East Ave1BR,1BA$1.71
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.80
21st Street51BR,1BA$1.67
3125-3129 S Harlem Ave3A1BR,1BA$1.71

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Frequently Asked Questions about Forest Park

What type of rentals are currently available in Forest Park?

There are currently 901 Apartments for Rent in Forest Park, IL with pricing that ranges from $870 to $9,746. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Park ranging from $1,050 to $5,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Park ranges from $1,050 to $5,500 with an average monthly rent of $2,461.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Park range from $1,750 to $3,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,250. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $2,895.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.