Apartments for Rent in Park Forest, IL

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 $2,110.

In Park Forest, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 15% of Park Forest's rentals, 46% are small-scale complexes with under 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.