Apartments for Rent in Park Forest, IL

Prices and availability in Park Forest, IL were last updated on 3 Jun 2026.

The best apartments in Park Forest, IL are: 194 Monee Park Forest, IL 60466, 400 Watseka St 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 $2,295.

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 average age of rental buildings in Park Forest is 51 years old, with 15% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 5 stories, of which 82% are garden-style apartment communities, 37% are mid-sized buildings, and 7% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.