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Cheap Apartments for Rent in Park Forest, IL from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Park Forest.
3343 Commercial
South Chicago HeightsIL60411
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
3353 Commercial
South Chicago HeightsIL60411
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Studio to 1 Bedroom Apartments
Eagle Ridge Apartments
3331-3351 S Commercial AveSouth Chicago Heights, IL 60411
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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
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Showing Results 1-9, 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 an apartment in Park Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Park Forest Studio Apartments | $997 | $950 | $1,045 |
| Cheap Park Forest 1 Bedroom Apartments | $1,359 | $1,050 | $2,618 |
| Cheap Park Forest 2 Bedroom Apartments | $1,717 | $1,025 | $3,887 |
| Cheap Park Forest 3 Bedroom Apartments | $1,963 | $1,545 | $2,670 |
Browse Top Apartments in Park Forest
See all Apartments in Park ForestExplore Park Forest
Park Forest, IL Local Guide
Written By:
Justin HabersaatEditing Staff
- 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 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 | 2 bedroom | 2BR,1BA | $1,025 |
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1,201 |
| Arbors at Hickory Creek | Aspen | 1BR,1BA | $1,488 |
Best Value Apartments for Rent in Park Forest, IL
As of May 19, 2025 the best value apartment in the Park Forest area is the $1.43 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,920. The second greatest value Park Forest apartment is the 2 Bed 1 Bath Townhouse W/D Model at Central Park Apartments & Townhomes starting at $1,600 with a $1.21 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. |
|---|---|---|---|
| Oakwood Townhomes | 3 Bedroom | 3BR,1BA | $1.43 |
| Central Park Apartments & Townhomes | 2 Bed 1 Bath Townhouse W/D | 2BR,1BA | $1.21 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath- 1040 sqft | 2BR,2BA | $1.59 |
| Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
| 56 W 25th St, Unit Back | 56 W 25th St | 2BR,1BA | $1.94 |
| Arbors at Hickory Creek | Aspen | 1BR,1BA | $1.87 |
| Linden Park Apartments | 2 Bed 1 Bath A | 2BR,1BA | $1.72 |
| 2022 S Halsted St, Unit 2 | 2022 S Halsted St | 2BR,1BA | $1.53 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.74 |
| Olympic Village Apartments | The Pine | 1BR,1BA | $1.74 |
Quick Rent Budget Calculator
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Park Forest Overview
"With a population of around 20,000 and located due south of the big city excitement of Chicago, Park Forest apartments are a great way to get to experience all that life in Illinois has to offer. Touting the motto ""Live, Grow, Discover"", this 'little big city' has much to offer in the way of opportunity and convenience."
Why live in Park Forest, IL?
Home to both natural public park beauty and modern city convenience, Park Forest apartments are an ideal way to get closer to the charm of Illinois. Offering much in the way of schools, employment opportunities and nearby big city cultural experiences, this is one hot spot that should be high on the list for anyone considering a move to the greater Chicago metro vicinity.
Best Local Schools in Park Forest, IL
21st Century Preparatory Center
Park Forest School District 163
Public School - Grades K-3 (157)
3 out of 10
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
Park Forest, IL Apartments MapPark Forest, IL Rental Homes MapGetting Around Park Forest, IL
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Park Forest Apartments
How much is rent for a Cheap One Bedroom Park Forest Apartment?
The lowest price for a Cheap One Bedroom Park Forest Apartment is $1,201 at Olympic Village Apartments.
What is the lowest price for a Cheap Two Bedroom Park Forest Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Park Forest is starting from $1,025 at Carriage Creek Apartments.
What is the most affordable Park Forest Three Bedroom Apartment?
The best deal on a cheap Park Forest Three Bedroom Apartment rental is at Olympic Village Apartments and starts from $1,545.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.