close
View Me
Cheap Apartments for Rent in the Downtown Park Forest Neighborhood of Park Forest, IL from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Park Forest area of Park Forest.
close
View Me
close
View Me
from $1,0252 Bedroom Apartments Available Now
Carriage Creek Apartments
22501 Butterfield DrRichton Park, IL 60471
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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
Showing Results 1-8, Page 1 of 1
Downtown Park Forest, 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 Downtown Park Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Park Forest Studio Apartments | $750 | $750 | $750 |
| Downtown Park Forest 1 Bedroom Apartments | $1,342 | $825 | $2,470 |
| Downtown Park Forest 2 Bedroom Apartments | $1,748 | $1,025 | $2,993 |
| Downtown Park Forest 3 Bedroom Apartments | $1,878 | $1,545 | $2,540 |
| Downtown Park Forest 4 Bedroom Apartments | $2,150 | $2,150 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Park Forest Neighborhood of Park Forest, IL.
See all Apartments in Park ForestExplore Park Forest
Downtown Park Forest, Park Forest, IL Local Guide
- Nearby Park Forest neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Park Forest Apartments for Rent
The cheapest available apartment rental in the Downtown Park Forest area of Chicago, IL is a Studio unit found at Crest Apartments priced from $750. Carriage Creek Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here are the most affordable Downtown Park Forest apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $750 |
| Carriage Creek Apartments | 2 bedroom | 2BR,1BA | $1,025 |
| Central Park Apartments & Townhomes | 1 Bed 1 Bath B | 1BR,1BA | $1,189 |
Best Value Apartments for Rent in Downtown Park Forest, IL
As of April 13, 2025 the best value apartment in the Downtown Park Forest area is the $1.48 price per square foot Magnolia Model at Arbors at Hickory Creek in the in the Lincoln Station neighborhood starting from $1,467. The second greatest value Downtown Park Forest apartment is the 1 bedroom Model at Carriage Creek Apartments starting at $1,250 with a $1.26 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Downtown Park Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbors at Hickory Creek | Magnolia | 2BR,1BA | $1.48 |
| Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.80 |
| Maple Leaf Apartments | Garden Upgraded | 1BR,1BA | $1.70 |
| 4206 Lindenwood Drive | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $2.07 |
| Oakwood Townhomes | 1 Bedroom | 1BR,1BA | $1.74 |
| Central Park Apartments & Townhomes | 1 Bed 1 Bath A W/D | 1BR,1BA | $1.74 |
| Olympic Village Apartments | The Pine | 1BR,1BA | $1.74 |
| Matteson Blu | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.92 |
| Crest Apartments | Studio | Studio ,1BA | $1.67 |
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.
Let everyone know!
Do you know the Downtown Park Forest area?
If you’re an expert on all things Downtown Park Forest, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Park Forest, Park Forest, IL
Ranked #1
Among neighborhoods in Park Forest, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown Park Forest, 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
Michelle Obama School of Technology
Park Forest School District 163
Public School - Grades 6-8 (484)
3 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Park Forest Apartments
What is the price of a cheap apartment in Downtown Park Forest?
The cheapest apartment in Downtown Park Forest is Crest Apartments which is listed at $825, while the average apartment in Downtown Park Forest costs $2,150.
What types of apartments are the cheapest in Downtown Park Forest?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Downtown Park Forest that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Park Forest?
Cheap apartments in Downtown Park Forest have an average cost of $279 which is $1,871 cheaper than the average rent for all rentals in Downtown Park Forest.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.