21

Studio Apartments for Rent in River Forest, IL

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  • /85

    Starting at $1,909 Per Month

    • Studio - 2 Beds

    1135 Westgate St, Oak Park, IL 60301

    The Emerson blends cozy comfort with stunning features in studio, one, and two-bedroom apartment homes located in the heart of Oak Park. Live where contemporary amenities--like a heated swimming pool, premium fitness center with flex studio, and sprawling views of the Chicago skyline--intersect perfectly with the familiar comforts of a friendly neighborhood. Experience the charm of Oak Park while

    The Emerson

    (708) 401-9699

    1135 Westgate St, Oak Park, IL 60301
  • /23

    Starting at $1,959 Per Month

    • Studio - 3 Beds

    479-483 N Harlem Ave, Oak Park, IL 60301

    Welcome to Oak Park Place, a residential community featuring studio, one, two or three bedroom apartments in Oak Park, IL. Spacious layouts and amenities welcome you home, along with exceptional service and an ideal location within walking distance to shopping, dining and entertainment options. Are you looking for an apartment for rent in Oak Park, IL? Contact our friendly, professional office

    Oak Park Place

    (630) 592-2419

    479-483 N Harlem Ave, Oak Park, IL 60301
  • /20

    $1,295 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    7300 W North Ave Unit 5E, Elmwood Park, IL 60707

    (708) 734-6648

    7300 W North Ave Unit 5E, Elmwood Park, IL 60707

Why Live in River Forest

River Forest, IL, is a charming suburb of Chicago renowned for its high concentration of Prairie School architecture, including numerous Frank Lloyd Wright homes. This small city offers a unique blend of historic homes and modern amenities, making it an attractive place for those seeking proximity to Chicago. The 20-minute nonstop Metra ride to downtown Chicago facilitates easy commuting and access to the city's attractions. River Forest is bordered by Thatcher Woods, a nearly 250-acre nature preserve with wooded trails and a natural history museum, providing ample opportunities for outdoor activities. The River Forest Park District offers various recreational programs, including adult sports leagues and platform tennis. The local dining scene features notable spots like Johnnie’s Beef, Russell’s Barbecue, and FatDuck Tavern & Grill. For shopping, residents have access to Jewel-Osco, Whole Foods Market, Trader Joe’s, and nearby Winston Plaza. The community is served by highly rated schools, including Lincoln Elementary School, Willard Elementary School, Roosevelt Middle School, and Oak Park and River Forest High School. Public programs in River Forest include historic preservation efforts, senior services, and activities at the River Forest Public Library. The city is approximately a 30-minute drive from O’Hare International Airport, and Gottlieb Memorial Hospital is less than two miles away. River Forest's blend of historic charm, excellent schools, and convenient access to Chicago makes it a desirable place to live.

Frequently Asked Questions

How much does it cost to rent a home in River Forest, IL?
The median rent for a home in River Forest, IL is $2,250 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in River Forest, IL?
To comfortably afford the median rent in River Forest, IL, a household needs to earn roughly $90,000 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 $2,250 per month in River Forest, IL, renters typically need to show $6,750 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 River Forest, IL?
In River Forest, IL, the price-to-rent ratio is 24.1, 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 River Forest, IL are best for renting a home?
The best neighborhood for renting in River Forest, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lakeview East, Irving Park, Logan Square and Humboldt Park, each with its own character and price range.

Rental Home Trends in River Forest, IL

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,250
Median Single Family Home Rent
$4,050
Median Townhouse Rent
$2,348
Median Condo Rent
$1,725
How to Rent a Home