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Cheap Apartments for Rent in the Downtown Park Forest Neighborhood of Park Forest, IL from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Park Forest area of Park Forest.
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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.
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from $975Studio to 1 Bedroom Apartments Available Jun 27
Linden Park Apartments
316 W 34th StSteger, IL 60475
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from $1,0252 Bedroom Apartments Available Now
Carriage Creek Apartments
22501 Butterfield DrRichton Park, IL 60471
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
6 Thomas Ct
Richton ParkIL60471
Showing Results 1-9, 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 | $862 | $750 | $975 |
| Downtown Park Forest 1 Bedroom Apartments | $1,401 | $825 | $2,608 |
| Downtown Park Forest 2 Bedroom Apartments | $1,769 | $1,025 | $3,465 |
| Downtown Park Forest 3 Bedroom Apartments | $1,971 | $1,545 | $2,540 |
Browse Apartments in this Neighborhood
There are currently 9 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
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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 |
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1,201 |
Best Value Apartments for Rent in Downtown Park Forest, IL
As of May 14, 2025 the best value apartment in the Downtown Park Forest area is the $1.35 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,820. The second greatest value Downtown 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 Downtown 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 | $1.35 |
| Central Park Apartments & Townhomes | 2 Bed 1 Bath Townhouse W/D | 2BR,1BA | $1.21 |
| Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
| 56 W 25th St, Unit Back | 56 W 25th St | 2BR,1BA | $1.94 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.74 |
| Olympic Village Apartments | The Pine | 1BR,1BA | $1.74 |
| Crest Apartments | Studio | Studio ,1BA | $1.67 |
| 51 W 21st St, Unit 2 | 51 W 21st St | 3BR,1BA | $17.00 |
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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
4.0Pet 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)
4 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 $1,852.
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 10 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 $310 which is $1,542 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.
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