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Homes & Apartments for Rent in Park Forest, IL

1-6 of 6 rentals
House for rent at 420 Indianwood Blvd, Park Forest, IL 60466
Verified Managed by Village of Park Forest
$1,995
House3 Beds1 Bath1,100 ft2
420 Indianwood Blvd
Park Forest, IL 60466
Coming soon. Corner Modern Three Bedroom Single Family Home. Expresso luxury vinyl floors throughout, Recessed Lights, Gorgeous White Eat in Kitchen, Stainless Steel Appliances with Ice Maker, 5 Burner Gas Stove, Chef Faucet, Dishwasher, Built in Microwave, Central air conditioning, Newer Furnace, Spacious laundry area with washer/dryer, Spacious back yard and One Car Garage with Long Driveway. Income 3x rent and credit 600+. Lawn cutting included.
Townhouse for rent at 3324 Western Ave, Park Forest, IL 60466
Updated - yesterday
Verified Managed by Oakwood Townhomes
$1,475 - $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.
Apartment for rent at 23439 Western Ave, Park Forest, IL 60466
Updated - today
Verified Managed by Westbridge Apartments
$1,395 - $1,530
Apartment1-2 Beds1-2 Baths800-975 ft2
23439 Western Ave
Park Forest, IL 60466
Discover the perfect blend of suburban tranquility and city convenience at Westbridge Apartments in Park Forest, IL. With just 12,000 residents, this peaceful community offers easy access to Chicago through convenient car routes and Metra service. Explore the green spaces of Park Forest, including Sauk Trail Woods and the Old Plank Trail for hiking and cycling adventures. Choose from our range of one and two-bedroom units, with some featuring newly renovated interiors, including modern amenities like quartz countertops, faux wood flooring and updated appliances.
House for rent at 222 Arcadia St, Park Forest, IL 60466
Featured
Verified Managed by Kettle & Oak
$2,250
House4 Beds1 Bath1,200 ft2
222 Arcadia St
Park Forest, IL 60466
Spacious 4-bedroom, 1-bathroom two-level home in a convenient neighborhood. Enjoy a bright living area with large windows, a modern kitchen with stainless steel appliances and washer/dryer hook-ups. Central heating and cooling keep you comfortable year-round and off-street parking adds ease. Step outside to a huge backyard perfect for relaxing or entertaining. Located near grocery stores, restaurants, schools and parks. Due To A NON-REFUNDABLE Application Fee, We Highly Suggest You See The Property First. All units require first-month rent plus a $500 move-in fee. Background and credit checks are $55 per adult.
Townhouse for rent at Central Park, 11 Fir St #W3054, Park Forest, IL 60466
Verified Managed by Central Park
$1,629
Townhouse2 Beds1 Bath1,326 ft2
Central Park
11 Fir St #W3054, 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 445 Tomahawk St, Park Forest, IL 60466
New - 3 days ago
Managed by Dona Adams
$2,300
House3 Beds1 Bath
445 Tomahawk St
Park Forest, IL 60466
Welcome to your dream home in the heart of Park Forest, IL. This charming residence features three spacious bedrooms and a well-appointed bathroom, offering the perfect blend of comfort and functionality. With an inviting layout and abundant natural light, this house is designed for both relaxation and productivity. The generous living spaces are perfect for entertaining guests or enjoying quiet evenings at home. Step outside to discover a beautifully landscaped yard, ideal for outdoor activities or simply unwinding in a serene environment.
Viewing 1-6 of 6 rentals in Park Forest
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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

As of April 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 6.7% ($116) lower than the Illinois average of $1,736 and 9.4% ($168) lower than the U.S. average of $1,788.

Average Rent
$1,620
Monthly ChangeMonth Over Month Change
Increased0.4% ($7)
Yearly ChangeYear Over Year Change
Increased12.6% ($181)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,412 No change Increased15.5% ($189)
2 Beds $1,615 Increased0.6% ($9) Increased4.5% ($70)
3 Beds $1,916 Decreased0.3% ($6) Increased6.2% ($112)
Nearby Cities Average Rent Avg. Rent vs. Park ForestAverage Rent vs. Park Forest Avg. Days on MarketAverage Days on Market
Richton Park $1,551 Decreased4.3% ($69) 29 days
Matteson $2,520 Increased55.6% ($900) 27 days
Steger $1,371 Decreased15.4% ($249) 27 days
Chicago Heights $1,403 Decreased13.4% ($217) 24 days
Tinley Park $1,496 Decreased7.7% ($124) 25 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Park Forest Rental Market FAQs

Explore rental prices, market trends, and availability in Park Forest, IL.

The average rent in Park Forest, IL is $1,620 per month.
Homes in Park Forest typically rent for between $988 and $2,491 per month, with an average of $1,620 per month.
In Park Forest, the average rent for a 1-bedroom home is $1,412 per month, for a 2-bedroom home, $1,615 per month, and a 3-bedroom home is $1,916 per month.
The average rent in Park Forest is 9.4% ($168) lower than the national average of $1,788 per month.
The average rent in Park Forest has increased by 0.4% ($7) in the last month and increased by 12.6% ($181) over the past year.
The rental market in Park Forest, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Park Forest, IL, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Park Forest, IL.
Based on the current averages, a household would need an annual income of $64,600 to comfortably afford a 2-bedroom home in Park Forest.
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