Studio Rent · July 2026

Studio Apartment Rent in Park Forest, IL

$1,520/mo

Median asking rent for a studio apartment in Park Forest, Illinois as of July 2026. That's +23% lower than the citywide median of $1,981 and +18% above the national studio median of $1,290.

Studio median
$1,520
July 2026
vs city overall
-23%
$1,981 city median
vs national
+18%
$1,290 US median
Illinois rank
#77
of 140 cities

Income needed for a studio in Park Forest

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$60,800
Monthly gross
$5,067
Hourly (full-time)
$29.23

Rent by apartment size in Park Forest

Compare Park Forest's median rent across every apartment size.

Studio (current)
$1,520
1-Bedroom
$1,630
2-Bedroom
$1,840
3-Bedroom
$2,360
4+ Bedroom
$2,780

Cheapest cities for a studio in Illinois

#CityStudio rent
1Dixon$610
2Rantoul$638
3Charleston$640
4Quincy$650
5Macomb$660
6Pekin$660
7Rock Island$680
8Danville$690
9Carbondale$700
10Moline$700
11Normal$720
12Peoria$738
13Springfield$750
14Washington$750
15Decatur$760

Most expensive cities for a studio in Illinois

#CityStudio rent
1Morton Grove$2,190
2Lake Forest$2,190
3Deerfield$2,190
4Barrington$2,190
5Wilmette$2,100
6Buffalo Grove$2,100
7Highland Park$2,060
8Plainfield$2,015
9Naperville$1,978
10Vernon Hills$1,970
11Streamwood$1,970
12Northbrook$1,960
13Bartlett$1,940
14Bolingbrook$1,925
15Romeoville$1,910

Nearby cities — studio rent

Considering nearby alternatives? 5 of these cities have cheaper studio rents than Park Forest.

CityDistanceStudio rentvs Park Forest
Homewood, IL5.7 mi$1,410$-110 (-7%)
Lansing, IL11 mi$1,270$-250 (-16%)
Midlothian, IL11.4 mi$1,220$-300 (-20%)
Dolton, IL12 mi$1,600+$80 (+5%)
Blue Island, IL12.2 mi$1,110$-410 (-27%)
Riverdale, IL12.3 mi$1,190$-330 (-22%)
Calumet City, IL13 mi$1,180$-340 (-22%)
Munster, IN13.3 mi$1,040$-480 (-32%)
Alsip, IL14 mi$1,150$-370 (-24%)
Orland Park, IL14.5 mi$1,490$-30 (-2%)
Highland, IN16.3 mi$1,000$-520 (-34%)
Oak Lawn, IL16.9 mi$1,350$-170 (-11%)

Studio rent in Park Forest — common questions

How much is a studio apartment in Park Forest?

As of July 2026, the median studio apartment rent in Park Forest, Illinois is $1,520 per month. This is +23% below the citywide median of $1,981.

What income do you need to afford a studio in Park Forest?

Using the standard 30% rent-to-income rule, you would need an annual income of about $60,800 ($5,067/month gross), which works out to roughly $29.23/hour at a full-time job.

Is Park Forest expensive for a studio compared to the rest of the US?

Park Forest's studio median of $1,520 is +18% above the national studio median of $1,290. It ranks in the 66th percentile of US cities tracked.

How does Park Forest rank for studio rent in Illinois?

Among the 140 cities in Illinois with studio data, Park Forest ranks #77 from cheapest to most expensive.

Are there cheaper studio options near Park Forest?

Yes — nearby cities with cheaper studio rents include Homewood ($1,410), Lansing ($1,270), Midlothian ($1,220).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Park Forest, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.