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Rental Market Trends in Forest Park, IL

What is the average rent in Forest Park, IL?

$1,197/month

Average Rent

668 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

As of October 2025, the average rent in Forest Park, IL is $1,197 per month. This is 27% lower than the national average rent of $1,630/month, making renting in Forest Park more affordable than most cities in the US. When you rent an apartment in Forest Park, you can expect to pay about $972 per month for a studio, $1,197 for a one-bedroom apartment, and around $1,655 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,262 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$972/month
438 Sq Ft
One Bedroom
$1,197/month
668 Sq Ft
Two Bedroom
$1,655/month
861 Sq Ft
Three Bedroom
$1,262/month
1,400 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,360/month
637 Sq Ft
Two Bedroom
$2,526/month
1,315 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,446/month
968 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Forest Park, IL?

In the past year, rent has increased by 1%, which averages out to $13 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Forest Park, IL
Last Updated October 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Forest Park, IL
Percentage*
Rent Range
0% Below $700/month
21% $700 - $1,000/month
64% $1,001 - $1,500/month
12% $1,501 - $2,000/month
2% Above $2,000/month

What salary do I need to live comfortably in Forest Park, IL?

Because the average rent in Forest Park is $1,197, you’ll want to make about $3,990 per month or $47,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Forest Park, IL

251 Available Apartments for Rent

Search for Nearby Apartments

How does Forest Park, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Forest Park, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Forest Park, IL

Apartment Averages

Nearby City Rent Trends

  • North Riverside Average Rent
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Apartment communities in Forest Park we think you'll love

The Emerson

The Emerson

1135 Westgate St,
Oak Park, IL 60301

$1,900 - $3,602

Studio - 2 Beds

MADISON WEST

MADISON WEST

7652 Madison St,
Forest Park, IL 60130

$2,695 - $2,895

2 Beds

The Bryant at Oak Park

The Bryant at Oak Park

1033-1045 Pleasant St,
Oak Park, IL 60302

$1,620 - $2,894

Studio - 1 Bed

Albion Oak Park

Albion Oak Park

1000 Lake St,
Oak Park, IL 60301

$1,795 - $4,995

Studio - 2 Beds

Property Management Companies in Forest Park, IL

Willow Bridge
Willow Bridge
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  • 191,888

    Units

  • 326

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2 Communities in Forest Park
Bozzuto
Bozzuto
  • 396

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  • 121,299

    Units

  • 157

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1 Community in Forest Park
Trinity Property Consultants
Trinity Property Consultants
  • 164

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  • 43,786

    Units

  • 98

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1 Community in Forest Park
Village Green
Village Green
  • 162

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  • 33,287

    Units

  • 93

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1 Community in Forest Park
Red Tail Residential
Red Tail Residential
  • 53

    Communities

  • 6,114

    Units

  • 40

    Cities

1 Community in Forest Park
Marquette Management
Marquette Management
  • 24

    Communities

  • 8,868

    Units

  • 23

    Cities

1 Community in Forest Park
CYM Living
CYM Living
  • 38

    Communities

  • 6,941

    Units

  • 12

    Cities

1 Community in Forest Park
Green Plan - Oak Park Apartments
Green Plan - Oak Park Apartments
  • 12

    Communities

  • 529

    Units

  • 1

    City

1 Community in Forest Park

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United States Illinois Forest Park Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity