Apartments for Rent in Park Forest, IL

Prices and availability in Park Forest, IL were last updated on 23 Jun 2026.

The best apartments in Park Forest, IL are: 194 Monee Park Forest, IL 60466 and 484 Talala St 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 $1,960 and $2,050.

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.

Studio apartments in Park Forest are around 1% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 48% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.