Apartments in Park Forest

1 - 8 of 8 Results
29
$1,420 - 1,470
3324 Western Ave Park Forest, IL
2 BR | Available Now
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Townhome
Covered Parking
34
$1,099 - 1,360
11 Fir St Park Forest, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Surface Parking
28
$865 - 1,620
316 W 34th St Steger, IL
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
8
$1,300
Steger, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
10
$1,500
Park Forest, IL
2 BR | Available Now
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Storage
Dishwasher
8
$1,300
Stegner, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,495
23439 Western Ave Ofc Park Forest, IL
2 BR | Apr. 19, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
35
3D Tour
$1,145 - 1,425
Deal
2.6
119 E Sycamore Dr Park Forest, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Townhome
Air Conditioning
1 - 8 of 8 Results
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How much does it cost to rent an apartment in Park Forest?

Park Forest Apartments
Bed Type Average Rent Range
Studio $870 $870 - $870
1BR $1,010 $1,010 - $1,150
2BR $1,310 $1,300 - $1,500
3BR $1,620 $1,620 - $1,620

Neighborhoods

Search Cities Near Park Forest, IL

Park Forest:
March Rent Report

Welcome to the March 2024 Park Forest Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Park Forest rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Park Forest and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Park Forest average rent prices in the chart below.

Monthly Rent Report

$1,850
$1,390
$930
$460
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Park Forest Rent Prices Decrease From February to March

Park Forest rent prices decreased over the last month. From February to March, the city experienced a -3.81% decrease for the price of a one-bedroom apartment. The rent price for a Park Forest one-bedroom apartments currently stands at $1,086.0.

When we take a look at the two-bedroom comparison from February to March, Park Forest experienced a -4.14% decrease for the price of a two-bedroom apartment. The rent price for a Park Forest two-bedroom apartments currently stands at $1,459.0.

March Prices: Park Forest vs. Surrounding Areas

Rent Prices in Park Forest and Surrounding Areas

Rent prices have decreased in Park Forest over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Park Forest suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Park Forest suburbs

  • Rents did not decrease in any of the Park Forest suburbs.

March 2024 Pricing Trends: Park Forest vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Park Forest Rent Prices More Affordable Than Major Cities

Rent growth in Park Forest over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Park Forest average rent prices appear to be relatively affordable for local residents.

The price for a Park Forest one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Park Forest and surrounding area rent prices, take a look at the complete data set below.

Data set for Park Forest and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.