Rental market snapshot for Park Forest, Illinois

Park Forest, Illinois Rental Property Market Overview

Park Forest, Illinois is a village located in Cook and Will counties, with a population of 21,261 as of 2021, according to the US Census. Park Forest is a diverse community with a variety of housing options, parks, and recreational activities. The village is known for its vibrant arts and culture scene, with many galleries, museums, and performing arts centers. Park Forest also offers a variety of shopping and dining options, as well as a variety of outdoor activities. The village is a great place to live, work, and play.

The average rent for an apartment in Park Forest is $1,718. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 1.4% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Park Forest Illinois | Cost of Living

  • The most expensive ZIP Code in Park Forest is 60466 with an average price of $1,800
  • The cheapest ZIP Code in Park Forest is 60466 with an average price of $1,695

Park Forest ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160466$1,800

Live near Park Forest, Illinois's Top Sights and Attractions

Winnebago Park is a large outdoor recreational area located in a suburban area. It features a variety of activities for visitors of all ages, including a large playground, a walking path, a fishing pond, a picnic area, and a disc golf course. The park also has a large open field for sports and other activities, as well as a pavilion for hosting events. There are also several shelters and restrooms located throughout the park.

Thorn Grove Preserve is a nature preserve located in a suburban area. It features a variety of trails for hiking, biking, and horseback riding. The preserve is home to a variety of wildlife, including deer, foxes, and birds. It also features a pond, which is a great spot for fishing and birdwatching. The preserve is also home to a variety of native plants, trees, and wildflowers. Visitors can also take part in educational programs and events, such as guided hikes and nature walks.

Hyde Park Veterinarian is a full-service veterinary clinic located in Park Forest, Illinois. It offers a wide range of services including preventive care, diagnostics, surgery, dentistry, and more. The clinic also provides pet boarding and grooming services. The staff is friendly and knowledgeable, and they strive to provide the best care for their patients. The facility is clean and modern, and it is equipped with the latest technology to ensure the best care for your pet.

The Park Forest Aqua Center is a family-friendly aquatic facility that features a variety of attractions for all ages. It includes a large outdoor pool with a zero-depth entry, two water slides, a lazy river, and a sprayground. The facility also has a separate kiddie pool, a concession stand, and a sun deck. The Aqua Center also offers a variety of swimming lessons, water aerobics classes, and special events throughout the summer.

Logan Park is a large outdoor recreation area located in Park Forest, Illinois. It features a variety of amenities, including a playground, picnic areas, walking trails, a fishing pond, and a disc golf course. There is also a large open field perfect for sports and other activities. The park is well-maintained and offers plenty of shade and seating areas. It is a great place to spend a day outdoors with friends and family.

Somonauk Park is a large outdoor recreational area located in the south suburbs of Chicago. It features a variety of activities for visitors of all ages, including a playground, picnic areas, walking trails, and a fishing pond. The park also has a large open field for sports and other activities, as well as a pavilion for special events. The park is surrounded by lush greenery and is a great place to spend a day outdoors.

Krotiak Park is a large outdoor recreation area located in a suburban area. It features a variety of activities for visitors to enjoy, including a large playground, a walking path, a fishing pond, a picnic area, and a basketball court. The park also has a pavilion, which is available to rent for special events. The park is surrounded by lush trees and greenery, making it a great place to relax and enjoy the outdoors.

Veterans Memorial Park is a beautiful outdoor space located in a suburban area. It features a large pond with a fountain, a walking path, and plenty of open green space. The park also has a memorial dedicated to local veterans, with a flagpole and a plaque honoring their service. There are several benches and picnic tables scattered throughout the park, as well as a playground for children. The park is a popular spot for families and visitors alike, and is a great place to relax and enjoy the outdoors.

Onarga Park is a beautiful outdoor recreation area located in the suburbs of Illinois. It features a large lake, a playground, a picnic area, and a walking trail. The lake is a great spot for fishing, boating, and swimming, while the playground offers plenty of fun for the kids. The picnic area is perfect for a family gathering or a romantic date, and the walking trail is a great way to get some exercise and enjoy the natural beauty of the park.

Illinois Park is a large outdoor recreational area located in the suburbs of Chicago. It features a variety of activities for visitors of all ages, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also offers a variety of sports fields, including baseball, softball, and soccer. Visitors can also enjoy a variety of outdoor activities, such as fishing, boating, and swimming. The park is also home to a variety of wildlife, including birds, deer, and other animals.

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Park Forest, Illinois area median rent change by ZIP Code map

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How does Park Forest compare to other cities in Illinois ?

citymedian price
Maywood$2,145
Algonquin$2,156
Libertyville$3,040
Homewood$2,058
O'fallon$1,375
Alton$775
Lake Villa$1,800
Forest Park$1,250
Maywood$1,235
New Lenox$1,400

Average household income in Park Forest area graph - US Census

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The median household income in Park Forest in 2021 was $56,393. This represents a 17.5% change from 2011 when the median was $48,008.

#categorypercent
0Less than $10,0007.6%
1$10,000 to $14,9992.8%
2$15,000 to $19,9992.9%
3$20,000 to $24,9996.2%
4$25,000 to $29,9993.7%
5$30,000 to $34,9995.2%
6$35,000 to $39,9994.6%
7$40,000 to $44,9994.5%
8$45,000 to $49,9993.8%
9$50,000 to $59,99915.0%
10$60,000 to $74,99911.0%
11$75,000 to $99,99915.8%
12$100,000 to $124,9998.2%
13$125,000 to $149,9995.2%
14$150,000 to $199,9992.8%
15$200,000 or more0.7%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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