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Apartments in Park Forest

1 - 6 of 6 Results
39
$1,365 - 1,920
Oakwood Townhomes
3324 Western Ave Park Forest, IL
1 - 3 BR | Available Now
Contact
Townhome
Covered Parking
28
$990
Linden Park Apartments
316 W 34th St Steger, IL
Studio | Jul. 16, 2025
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
43
$1,199 - 1,600
Central Park Apartments & Townhomes
11 Fir St Park Forest, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Surface Parking
1
$1,300
3000 Morgan St
Steger, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
1
$1,450 - 1,550
Westbridge Apartments
23439 Western Ave Ofc Park Forest, IL
2 BR | Jul. 18, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
35
3D Tour
$1,145 - 1,425
Autumn Ridge
Deal
2.6
119 E Sycamore Dr Park Forest, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Townhome
Air Conditioning
1 - 6 of 6 Results
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  2. Chicago Area Apartments
  3. Park Forest

How much does it cost to rent an apartment in Park Forest?

Park Forest Apartments
Bed Type Average Rent Range
Studio $990 $990 - $990
1BR $1,200 $1,150 - $1,370
2BR $1,540 $1,300 - $1,600
3BR $1,920 $1,920 - $1,920
Frequently Asked Questions

How many apartments are available in Park Forest, IL on Rentable.co?

Rentable.co has over 821 apartments available in Park Forest.

What is the average rent for a studio apartment in Park Forest, IL?

The average rent for a studio apartment in Park Forest is around $990 per month.

What is the average rent for a one-bedroom apartment in Park Forest, IL?

The average rent for a one-bedroom apartment in Park Forest is around $1,200 per month.

What is the average rent for a two-bedroom apartment in Park Forest, IL?

The average rent for a two-bedroom apartment in Park Forest is around $1,540 per month.

How expensive is it to rent an apartment in Park Forest, IL?

For a two-bedroom apartment in Park Forest, the average rent price is $1,540 per month, which is similar to the national average of $1,640 per month.

Can I afford an apartment for rent in Park Forest, IL?

Based on average rent prices in Park Forest, to afford a studio apartment you would need an annual household income of $40,000 to live comfortably.

Neighborhoods

Lincoln Station

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Park Forest:
June Rent Report

Welcome to the June 2025 Park Forest Apartment Report. In this assessment of the local rental market, data scientists and rental experts break down the June 2025 key findings and figures for the Park Forest rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Park Forest and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Park Forest average rent prices in the chart below.

Monthly Rent Report

$1,600
$1,200
$800
$400
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Park Forest Rent Prices Increase From May to June

Park Forest rent prices increased over the last month. From May to June, the city experienced a 0.67% increase for the price of a one-bedroom apartment. The rent price for a Park Forest one-bedroom apartments currently stands at $1,201.0.

When we take a look at the two-bedroom comparison from May to June, Park Forest experienced a -0.33% decrease for the price of a two-bedroom apartment. The rent price for a Park Forest two-bedroom apartments currently stands at $1,515.0.

June Prices: Park Forest vs. Surrounding Areas

Rent Prices in Park Forest and Surrounding Areas

Rent prices have increased in Park Forest over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Park Forest suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Park Forest suburbs

  • Rents did not decrease in any of the Park Forest suburbs.

June 2025 Pricing Trends: Park Forest vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Park Forest Rent Prices More Affordable Than Major Cities

Rent growth in Park Forest over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Park Forest average rent prices appear to be relatively affordable for local residents.

The price for a Park Forest one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Park Forest and surrounding area rent prices, take a look at the complete data set below.

Data set for Park Forest and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change

Methodology

Each month, using over 1 million listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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