Houses for Rent in Park Forest, IL

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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 June 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 1.2% ($20) lower than the Illinois average of $1,694 and 6.8% ($123) lower than the U.S. average of $1,797.

Average Rent
$1,674
Monthly ChangeMonth Over Month Change
Increased2.9% ($47)
Yearly ChangeYear Over Year Change
Increased14.9% ($217)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,343 Decreased5.1% ($72) Increased8.8% ($109)
2 Beds $1,622 Increased1.4% ($23) Increased4% ($63)
3 Beds $1,933 Increased0.8% ($16) Increased3.3% ($61)
Nearby Cities Average Rent Avg. Rent vs. Park ForestAverage Rent vs. Park Forest Avg. Days on MarketAverage Days on Market
Richton Park $1,441 Decreased13.9% ($233) 29 days
Matteson $2,854 Increased70.5% ($1180) 27 days
Steger $1,334 Decreased20.3% ($340) 27 days
Chicago Heights $1,549 Decreased7.5% ($125) 24 days
Frankfort $1,589 Decreased5.1% ($85) 31 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 $1,674 per month.
Houses in Park Forest typically rent for between $940 and $2,513 per month, with an average of $1,674 per month.
In Park Forest, the average rent for a 1-bedroom house is $1,343 per month, for a 2-bedroom house, $1,622 per month, and a 3-bedroom house is $1,933 per month.
The average rent in Park Forest is 6.8% ($123) lower than the national average of $1,797 per month.
The average rent in Park Forest has increased by 2.9% ($47) in the last month and increased by 14.9% ($217) 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 5 rental properties available in Park Forest, IL.
Based on the current averages, a household would need an annual income of $64,880 to comfortably afford a 2-bedroom house in Park Forest.
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