Park Forest, IL Rental Market Trends
The average rent for an apartment in Park Forest is $1,090, a 6% increase compared to the previous year, when the average rent was $1,033.
Average Rent in Park Forest, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,090||6%||1,103 sq. ft.|
The average size for a Park Forest, IL apartment is 1,103 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Park Forest, IL Apartment Rent Ranges
Park Forest, IL Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
3,295 or 39% of the households in Park Forest, IL are renter-occupied while 5,007 or 60% are owner-occupied.
Park Forest, IL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Park Forest Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Park Forest rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!