Apartments for Rent in Park Forest, IL

Prices and availability in Park Forest, IL were last updated on 25 Oct 2026.

The best apartments in Park Forest, IL are: 220 Miami Park Forest, IL 60466, 454 Springfield Street Park Forest, IL 60466, 307 Windsor St Park Forest, IL 60466 and 340 Westgate Dr Park Forest, IL 60466.

The average rent in Park Forest, IL is $1,453.

The price range for a 3-bedroom apartment in Park Forest, IL is between $2,090 and $2,375.

In Park Forest 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 15% of Park Forest's apartments are found in large buildings of 50 units or more, 46% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Park Forest are about 51 years old, on average. Of these, 15% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 5 stories. About 82% of the rental communities here are low-rise, garden-style communities, 37% are mid-rises, and 7% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Park Forest come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Park Forest. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.