103 Apartments for rent in Park Forest, IL

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Starting at $1,400
Updated 5 days ago
351 Waverly St
351 Waverly St
Park Forest, IL
3 Bedrooms
$1,400
Starting at $1,100
Updated 26 days ago
411 Huron Street
411 Huron Street
Park Forest, IL
3 Bedrooms
$1,100
Featured
Starting at $1,124
Updated 7 hrs ago
The Park Towers
3905 Tower Dr
Richton Park, IL
1 Bedroom
$1,124
2 Bedrooms
$1,323
Conveniently located in Richton Park close to Metra station, restaurants and the Central Park Wetlands. Pet-friendly community offers maintenance and online payments. Bright, open spaces include expansive windows and beautiful views.
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Featured
Starting at $825
Updated 7 hrs ago
Cedar Ridge Apartment Homes
950 Cedar Ridge Ln
Richton Park, IL
1 Bedroom
$825
2 Bedrooms
$1,005
3 Bedrooms
$1,210
Modern homes with private patios, state-of-the-art eat-in kitchens and walk-in closets. Residents enjoy such amenities as an outdoor pool, on-site laundry and a barbecue area. Less than 10 minutes from Governors State University.
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Starting at $1,500
Updated 2 days ago
3323 Clover Lane
3323 Clover Lane
Matteson, IL
2 Bedrooms
$1,500
Starting at $1,300
Updated 8 days ago
302 Waldmann Dr
302 Waldmann Dr
University Park, IL
3 Bedrooms
$1,300
Starting at $1,300
Updated 1 month ago
348 West 16th Street
348 West 16th Street
Chicago Heights, IL
3 Bedrooms
$1,300
Starting at $1,300
Updated 3 months ago
542 West 15th Place
542 West 15th Place
Chicago Heights, IL
3 Bedrooms
$1,300
Starting at $1,425
Updated 1 hr ago
20540 Crawford Ave
20540 Crawford Ave
Matteson, IL
3 Bedrooms
$1,425
Starting at $2,000
Updated 3 hrs ago
Chartres Court
Chartres Court
Hazel Crest, IL
4 Bedrooms
$2,000
Starting at $2,095
Updated 3 hrs ago
West 176th Street
West 176th Street
Country Club Hills, IL
4 Bedrooms
$2,095
Starting at $1,800
Updated 1 day ago
17300 Highland Ct
17300 Highland Ct
Hazel Crest, IL
4 Bedrooms
$1,800
Starting at $2,120
Updated 1 day ago
17303 Apple Tree Dr
17303 Apple Tree Dr
Hazel Crest, IL
4 Bedrooms
$2,120
Starting at $1,900
Updated 1 day ago
4207 189th St
4207 189th St
Country Club Hills, IL
3 Bedrooms
$1,900
Starting at $1,725
Updated 3 days ago
3001 Longfellow
3001 Longfellow
Hazel Crest, IL
3 Bedrooms
$1,725
Starting at $1,650
Updated 3 days ago
6321 Beaver Dam Rd
6321 Beaver Dam Rd
Matteson, IL
3 Bedrooms
$1,650
Starting at $1,150
Updated 3 days ago
815 West NEW MONEE Road
815 West NEW MONEE Road
Crete, IL
3 Bedrooms
$1,150
Starting at $1,050
Updated 4 days ago
4136 Charleston Rd
4136 Charleston Rd
Matteson, IL
2 Bedrooms
$1,050
Starting at $1,595
Updated 6 days ago
Lee Street
Lee Street
Country Club Hills, IL
3 Bedrooms
$1,595
Starting at $1,725
Updated 7 days ago
17107 California
17107 California
Hazel Crest, IL
3 Bedrooms
$1,725
Starting at $1,500
Updated 8 days ago
18912 Martin Lane
18912 Martin Lane
Country Club Hills, IL
3 Bedrooms
$1,500
Starting at $1,575
Updated 8 days ago
842 Dartmouth Avenue
842 Dartmouth Avenue
Matteson, IL
3 Bedrooms
$1,575
Starting at $5,000
Updated 10 days ago
110 N Halsted St
110 N Halsted St
Chicago Heights, IL
Studio
$5,000
Starting at $650
Updated 10 days ago
505 Dixie Hwy
505 Dixie Hwy
Chicago Heights, IL
1 Bedroom
$650

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City GuidePark Forest

Park Forest, Illinois is a stunningly gorgeous village, due in large part to the fact that most of the village is devoted to parks and open spaces! Central Park Pavilion on Lakewood Blvd. is a favorite for large gatherings and it's close proximity to Park Forest Aqua Center.

Designed by Elbert Peets as planned housing for veterans returning from World War II, the village of Park Forest has blossomed into a beautiful suburban community on the southwestern tip of Lake Michigan. Since World War II, Park Forest has prospered and provided thousands with a haven that was never before thought possible. From backyard cookouts to the now world famous "Scenic 10," a 10-mile race held each year on Labor Day that attracts runners from all around the globe, this little village makes a big statement!

Moving to Park Forest

There are a few important things to prepare before you make your move that will smooth the path a bit. You can always go online to take a peek and do some homework about the city, but we recommend that you enlist the help of a local broker or real estate agent for your search. A local broker knows exactly what is available and might even be able to point you towards some sweetheart deals you would have never found on your own. Next, make a list of your must-haves! How much space do you need? Do you need washer/dryer hookups or does a deep walk in closet seal the deal for you? Also, don't forget to bring your references, credit check and enough money for all fees and deposits. Those are vital!

Park Forest Neighborhoods

When moving, it is both important and proactive to gain a bit of insight about various neighborhoods before deciding if it will be a good fit for you and your lifestyle. The neighborhoods of Park Forest are described below to help you get a feel for the differences that make them each unique!

Lincoln Hwy/Indian St: This urban neighborhood is perfect for anyone who appreciates the architecture and charm of homes built between 1940 and 1969. If your search for apartments includes desires for three, four or five-bedroom homes for rent, you are looking in the right neighborhood! Another bonus to this neighborhood is Pioneer Tap & Liquors!

Main St/Sauk Trail: If you love your parks, this north central neighborhood is perfect for you! There are duplexes for rent as well as stand alone homes and a few apartment complexes. If you catch the train, you will have an easy commute with the rest of your neighbors who also ride the line to and from work each day.

Village Center: Nestled within the center of the village, flanked by Sauk Trail Woods to the east and Central Park to the west, Village Center is most notable for its bright, charming row houses. Whether it's a 2 bedroom home, a 3 bedroom Row House or a studio apartment, the Village Center is sure to have exactly what you are looking for in your next home!

Life in Park Forest

If you don't feel like venturing to Chicago for an exciting night out, try Dunagains Irish Pub and have a slow pulled pint of Guinness to go with a pizza so delicious, your taste buds will drag you back time and again! You will notice residents out in force the moment the weather climbs above freezing, and Central Park is one of the favored haunts for exercise, relaxation and just enjoying the outdoors. Whether it's the nightlife, the artistic community, the excellent park system or just the friendliness of the locals, life in Park Forest is the right choice!

Rent Report
Park Forest

May 2018 Park Forest Rent Report

Welcome to the May 2018 Park Forest Rent Report. Park Forest rents remained steady over the past month. In this report, we'll evaluate trends in the Park Forest rental market, including comparisons to cities throughout the metro, state, and nation.

Park Forest rents held steady over the past month

Over the past month Park Forest rents have remained steady. Currently, median rents in Park Forest stand at $980 for a one-bedroom apartment and $1,150 for a two-bedroom. Park Forest's year-over-year rent growth leads the state average of 0.2%, but trails the national average of 1.5%.

    Rents rising across the Chicago Metro

    While rents have remained steady in the city of Park Forest throughout the past year, cities across the metro have seen a different trend. Rents have risen in 8 of of the largest 10 cities in the Chicago metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

    • Aurora has seen the fastest rent growth in the metro, with a year-over-year increase of 3.1%. The median two-bedroom there costs $1,300, while one-bedrooms go for $1,110.
    • Over the past year, Arlington Heights has seen the biggest rent drop in the metro, with a decline of 1.9%. Median two-bedrooms there cost $1,450, while one-bedrooms go for $1,230.
    • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,720; rents remained steady over the past month.
    • Elgin has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,170; rents were up 0.5% over the past year but remained flat month-over-month.

    Park Forest rents more affordable than many large cities nationwide

    Rent growth in Park Forest has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Park Forest is still more affordable than most large cities across the country.

    • Park Forest's median two-bedroom rent of $1,150 is slightly below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Park Forest.
    • While rents in Park Forest remained moderately stable this year, similar cities saw increases, including Houston (+3.1%), Denver (+1.6%), and Columbus (+1.5%); note that median 2BR rents in these cities go for $1,020, $1,320, and $950 respectively.
    • Renters will find more reasonable prices in Park Forest than most large cities. For example, San Francisco has a median 2BR rent of $3,060, which is more than two-and-a-half times the price in Park Forest.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Chicago
    $1,070
    $1,260
    0.2%
    -0.6%
    Aurora
    $1,110
    $1,300
    0
    3.1%
    Joliet
    $1,020
    $1,200
    0.1%
    1.3%
    Naperville
    $1,460
    $1,720
    0
    0.4%
    Elgin
    $1,000
    $1,170
    0.1%
    0.5%
    Arlington Heights
    $1,230
    $1,450
    0.7%
    -1.9%
    Evanston
    $1,280
    $1,510
    0.5%
    1.3%
    Schaumburg
    $1,340
    $1,580
    0.1%
    1.2%
    Palatine
    $1,130
    $1,330
    0.3%
    2%
    Des Plaines
    $1,040
    $1,220
    -0.3%
    1.6%
    Wheaton
    $1,240
    $1,460
    0.7%
    -0.8%
    Hoffman Estates
    $1,100
    $1,300
    -0.3%
    0
    Oak Park
    $930
    $1,090
    -0.1%
    -2%
    Lombard
    $1,270
    $1,500
    0.8%
    -2.6%
    Crystal Lake
    $1,250
    $1,470
    0
    2.3%
    Carol Stream
    $1,110
    $1,310
    0.4%
    1.2%
    Wheeling
    $1,170
    $1,380
    0.2%
    0.1%
    Calumet City
    $890
    $1,050
    0.1%
    0.6%
    Glendale Heights
    $1,150
    $1,350
    -0.1%
    0.1%
    St. Charles
    $1,350
    $1,580
    -0.3%
    0.2%
    Woodridge
    $1,180
    $1,390
    0.4%
    2.6%
    Woodstock
    $980
    $1,150
    0.2%
    0.4%
    Lisle
    $1,150
    $1,350
    -1.4%
    -3.3%
    Park Forest
    $980
    $1,150
    0
    0.3%
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    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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