Newest Homes for Rent in Park Forest, IL

/22
Starting at $1,365 Per Month
- 1 - 3 Beds
3324 Western Ave, Park Forest, IL 60466

Oakwood Townhomes – Space, Privacy, and ComfortStep into the comfort of townhome living at Oakwood Townhomes. Offering spacious 1, 2, and 3 bedroom floor plans, each home is designed with multiple levels of living space, private entrances, and thoughtful features that bring a true sense of home.Located in a quiet residential setting, Oakwood provides the privacy you want with the

Oakwood Townhomes

3324 Western Ave, Park Forest, IL 60466
Explore Park Forest
/17
$2,455 Per Month
- 3 Beds
- 1.5 Baths
- 1,457 Sq Ft
- House for Rent
447 Talala St, Park Forest, IL 60466

Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 3-bedroom, 1.5-bathroom rental home in Park Forest, IL, may be the right place for you. W/D hookups help

447 Talala St, Park Forest, IL 60466
/11
$2,200 Per Month
- 3 Beds
- 1 Bath
- 1,092 Sq Ft
- House for Rent
188 Nanti St, Park Forest, IL 60466

** AVAILABLE NOW ** This charming ranch is just waiting for you to call home! The home features a large living room for entertaining, kitchen has plenty of counter and cabinet space and includes stainless steel appliances! Step out onto the spacious deck and back yard that is perfect for those summer BBQ's. *** Application fee ($75 per person) includes credit review, criminal history check, past

Payton Jeffers Baird & Warner

188 Nanti St, Park Forest, IL 60466
/12
$2,600 Per Month
- 1 Bed
- 1 Bath
- 820 Sq Ft
- Condo for Rent
540 N State St Unit 540NS, Chicago, IL 60654

Property Id: 2780375 Spacious River North 1 bedroom with private balcony, in unit laundry, dishwasher, and tons of storage space. Located in a full amenity high rise surrounded by grocery stores, restaurants, tons of shopping, and so much more! Amenities include, outdoor pool, grilling stations, huge fitness center, outdoor dog run, and human running track, WFH spaces, and a lounge.

540 N State St Unit 540NS, Chicago, IL 60654
/11
$2,200 Per Month
- 3 Beds
- 1.5 Baths
- 1,200 Sq Ft
- House for Rent
471 Tomahawk St, Park Forest, IL 60466

Don't miss out on this move-in-ready property! freshly painted, 3 bedrooms, 1.5 bath, ranch home. Updated modern bathroom and kitchen with an attached 2 car garage. Lease terms: Rent is $2200, security deposit is $2200. We require total family income to be 3X rent. Credit Score of 650+ but may consider lower credit with additional deposits. We do conduct employment verification, background

Rishab Chawla HomeSmart Realty Group

471 Tomahawk St, Park Forest, IL 60466
/10
$2,600 Per Month
- 3 Beds
- 1 Bath
- 1,200 Sq Ft
- House for Rent
138 Algonquin St, Park Forest, IL 60466

Welcome home are the words that will come to mind once you walk in. This 3 bedroom, 1 bathroom beauty has plenty of sun light throughout. Kitchen has been rehab in 2026, all new stainless steel appliances with new fixtures and floor. Bedrooms are spacious, whole house is newly painted with updated bathroom. Seller is requiring 620 credit score of all applicants. Schedule your showing today!!

Earlene Slusher Coldwell Banker Realty

138 Algonquin St, Park Forest, IL 60466
/13
$2,400 Per Month
- 3 Beds
- 1 Bath
- 1,200 Sq Ft
- House for Rent
415 Shabbona Dr, Park Forest, IL 60466

HOME SWEET HOME!! You will love this completely updated open-concept ranch home nestled on a nice lot outlined with beautiful mature trees. This gem features custom white trim and 6 panel doors, new lighting, nice carpet and flooring throughout. Plenty of space with 3 generous bedrooms and large closets. Updated kitchen with custom granite countertops, solid wood cabinets, breakfast bar and

Jennifer Upshaw

L. Upshaw Realty

415 Shabbona Dr, Park Forest, IL 60466
/15
$2,355 Per Month
- 3 Beds
- 1.5 Baths
- 1,347 Sq Ft
- House for Rent
454 Springfield St, Park Forest, IL 60466

Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 3-bedroom, 1.5-bathroom rental home in Park Forest, IL, has a lot to offer; does it check all your boxes?

454 Springfield St, Park Forest, IL 60466
/8
$1,895 Per Month
- 3 Beds
- 1 Bath
- 1,300 Sq Ft
- House for Rent
490 Shabbona Dr, Park Forest, IL 60466

Act Fast! Move In Special! Move in and enjoy a limited time rent incentive. Apply by August 28th to qualify. Ask us for details today, don't miss out! Restrictions apply. Bright and welcoming, this 3-bedroom, 1-bathroom rental home in Park Forest offers comfortable living spaces with a clean and inviting feel. Rich dark wood flooring adds warmth and character to the home, creating a

490 Shabbona Dr, Park Forest, IL 60466

Illinois Cook County

Frequently Asked Questions

How much does it cost to rent a home in Park Forest, IL?

The median rent for a home in Park Forest, IL is $2,200 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Park Forest, IL?

To comfortably afford the median rent in Park Forest, IL, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Park Forest, IL, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Park Forest, IL?

In Park Forest, IL, the price-to-rent ratio is 6.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Park Forest, IL are best for renting a home?

The best neighborhood for renting in Park Forest, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Old Matteson and West Matteson, each with its own character and price range.

Rental Trends in Park Forest, IL

There are currently 9 homes available for rent in Park Forest, IL. The median rent is $2,200 per month, with single-family homes renting at $2,050 and condos at $1,460.

Rental Home Trends

Number of Homes for Rent 9	Median Rent $2,200
Median Single Family Home Rent $2,050	Median Condo Rent $1,460

How to Rent a Home

Rentals in Park Forest

Homes for Rent by Bedrooms in Park Forest

Rentals by Price in Park Forest

More About Living in Park Forest

Homes by Amenity in Park Forest

Pet-Friendly Homes for Rent in Park Forest

Homes for Rent in Nearby Neighborhoods

Homes for Rent in Nearby Cities

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage