Apartments in Lincoln Station Park Forest

1 - 9 of 9 Results
35
$1,480 - 1,750
3324 Western Ave Park Forest, IL
2 - 3 BR | Available Now
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Townhome
Covered Parking
8
$2,100
Matteson, IL
3 BR | Available Now
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House
Butterfield Place
18
$2,250
Chicago Heights, IL
4 BR | Available Now
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House
Dishwasher
8
$1,500
4316 Lindenwood Dr Matteson, IL
2 BR | Available Now
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Storage
27
$1,475 - 2,399
3905 Tower Dr Richton Park, IL
2 BR | Nov. 21, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
43
$1,189 - 1,840
11 Fir St Park Forest, IL
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Surface Parking
3
$1,700
Matteson, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
Short-term
In Unit Laundry
0
$2,790
264 Arcadia St Park Forest, IL
4 BR | Available Now
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Dog Friendly
House
8
$900 - 925
22501 Butterfield Rd. Richton Park, IL
1 - 2 BR | Available Now
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Income Restricted
Section 8
Air Conditioning
Storage
1 - 9 of 9 Results
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Park Forest:
November Rent Report

Welcome to the November 2024 Park Forest Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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

$1,700
$1,280
$850
$430
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Park Forest Rent Prices Increase From October to November

Park Forest rent prices increased over the last month. From October to November, the city experienced a 2.84% increase for the price of a one-bedroom apartment. The rent price for a Park Forest one-bedroom apartments currently stands at $1,195.0.

When we take a look at the two-bedroom comparison from October to November, Park Forest experienced a 3.83% increase for the price of a two-bedroom apartment. The rent price for a Park Forest two-bedroom apartments currently stands at $1,465.0.

November Prices: Park Forest vs. Surrounding Areas

Rent Prices in Park Forest and Surrounding Areas

Rent prices have increased 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.

November 2024 Pricing Trends: Park Forest vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Park Forest Rent Prices More Affordable Than Major Cities

Rent growth in Park Forest over the past year has been on the rise. 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 November 1 BR M/M % Change 2 BR November 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.