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Homes & Apartments for Rent in Park Forest, IL 60466

1-5 of 5 rentals

Townhouse for rent at 3324 Western Ave, Park Forest, IL 60466

1 / 10

Updated - this week

Managed by Oakwood Townhomes

$1,365 - $1,995

Townhouse1-3 Beds1 Bath706-1,347 ft²

3324 Western Ave

Park Forest, IL 60466

Oakwood Townhomes - Space, Privacy and Comfort. Step into the comfort of townhome living at Oakwood Townhomes. Offering spacious 1, 2 and 3 bedroom floor plans, each home is designed with multiple levels of living space, private entrances and thoughtful features that bring a true sense of home. Located in a quiet residential setting, Oakwood provides the privacy you want with the convenience of community living. With shopping, dining, schools and major roadways just minutes away, everything you need is always within reach. Features & Highlights: 1, 2 and 3 bedroom townhomes. Private entrances and multi-level layouts. Pet-friendly community.

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Managed by Dynasty House Apartments

$1,500

Apartment2 Beds1 Bath875 ft²

701-47 Sandra Dr

Park Forest, IL 60466

Dynasty House is located in University Park, IL and only steps from the cities best dining, shopping and entertainment venues. We offer 1, 2 and 3 bedroom homes. Our homes feature newly renovated kitchens and solid oak cabinets, washer and dryer hook ups, new six panel doors, carpeting and private balconies. Our friendly and warm management and service teams are here to make your life easier by providing you with the highest level of attentiveness and care. Fridge, Stove, Laundry & Parking.

1 / 10

Featured

Managed by TurnKey RE Invest PM

$2,200

House3 Beds1.5 Baths1,200 ft²

471 Tomahawk St

Park Forest, IL 60466

Don't miss out on this move-in-ready property. freshly painted, 3 bedrooms, 1.5 bath, ranch home. Updated modern bathroom and kitchen with an attached 2 car garage. Lease terms: Rent is $2200; Security deposit is $2200. We require total family income to be 3X rent. Credit Score of 650+ but may consider lower credit with additional deposits. We do conduct employment verification, background checks; credit checks and eviction check as permissible by law. Pets are allowed with additional deposit and fees. Listed By: Rishab Chawla, Home Smart Realty Group, Naperville. Pet Friendly.

1 / 5

New - this week

Listed by Central Park

$1,739

Townhouse2 Beds1 Bath1,326 ft²

Central Park

11 Fir St #F219, Park Forest, IL 60466

This apartment community located in Park Forest, IL features one, two and three bedroom apartments and townhomes. Apartment homes feature private entrances, wood-style flooring, walk-in closets and basements, with modern convenience like fully equipped kitchens. Units include air conditioning and washer & dryer connections and residences are high-speed internet ready. Enjoy the comforts of Air Conditioning, with in-unit laundry connections and the convenience of on-site management and additional storage space. The community also provides an online rental payment portal for streamlined resident services. The community offers residents a comfortable living experience with landscaped grounds and easy access to nature.

House for rent at 436 Winnebago St, Park Forest, IL 60466

1 / 5

Updated - 3 days ago

Managed by Zebbra

$2,700

House5 Beds2 Baths1,850 ft²

436 Winnebago St

Park Forest, IL 60466

5 possible 6 bedroom 2 full Baths 2 living rooms 1 car attached garage security Deposit $2700 refundable or a $1350 move in fee non-refundable Sec8 ok and open to lease to a established group home. Dish Washer, Yard, Central Air, Central Heat & Laundry In Building.

Viewing 1-5 of 5 rentals in 60466

What to Know About

Life in Park Forest & Beyond

Park Forest shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Park Forest, IL

View full report

As of October 2026, Park Forest's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Park Forest's average rent is 8.4% ($150) lower than the Illinois average of $1,796 and 9.5% ($173) lower than the U.S. average of $1,819.

Average Rent

$1,646

Monthly ChangeMonth Over Month Change

1% ($16)

Yearly ChangeYear Over Year Change

3.1% ($50)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,418	0.1% ($1)	8.4% ($110)
2 Beds	$1,617	0.7% ($12)	1.8% ($28)
3 Beds	$1,921	No change	0.4% ($8)

Nearby Cities	Average Rent	Avg. Rent vs. Park ForestAverage Rent vs. Park Forest	Avg. Days on MarketAverage Days on Market
Richton Park	$1,400	14.9% ($246)	29 days
Matteson	$3,319	101.6% ($1673)	28 days
Steger	$1,310	20.4% ($336)	26 days
Chicago Heights	$1,403	14.8% ($243)	35 days
Tinley Park	$1,890	14.8% ($244)	29 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Park Forest Rental Market FAQs

Explore rental prices, market conditions, and affordability in Park Forest, IL.

What is the average rent in Park Forest, IL?

The average rent in Park Forest, IL is $1,646 per month.

What is the average rent for different bedroom sizes in Park Forest, IL?

In Park Forest, the average rent for a 1-bedroom home is $1,418 per month, for a 2-bedroom home, $1,617 per month, and a 3-bedroom home is $1,921 per month.

How do rent prices in Park Forest, IL compare with the national average?

The average rent in Park Forest is 9.5% ($173) lower than the national average of $1,819 per month.

How competitive is the rental market in Park Forest, IL?

The rental market in Park Forest, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

Can I afford to rent a home in Park Forest, IL?

Based on the current averages, a household would need an annual income of $64,680 to comfortably afford a 2-bedroom home in Park Forest.

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