Median rent for residential apartment in Forest Park, IL as of Aug, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
15 Forest Park, IL, USA apartments for rent
Forest Park
Forest Park, IL has a population of 14,127, while the median age is 40. The household income in Forest Park, IL is around $55,359. The homeownership rate among the residents is 50%. The median residential property value in Forest Park, IL that you should keep in mind is $229,600.
| Population | 14,127 |
| Median Age | 40.1 |
| Poverty Rate | 10% |
| Household Income | $55,359 |
| Number Of Employees | 7,855 |
| Median Property Value | $229,600 |
Housing Trends
How much is an apartment in Forest Park, IL, USA
Average rent in Forest Park: $1,930 (-1.6%)
| Rent Price | Aug | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,747 | +34.4% |
| 2 bed rentals | $1,531 | +1.3% |
| 3 bed rentals | $2,400 | +41.2% |
| 4+ bed rentals | $3,500 | +12.9% |
Over the Aug 2022, the average rent for an apartment in/near Forest Park, IL decreased by 1.6% to $1,930.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 34.4% to $1,747. Pricing for 2-bed apartment also increased by 1.3% and a place of this size will now cost you $1,531. 3-bed apartment rent pricing starts at $2,400, it increased by 41.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 12.9% and made it up to $3,500.
| Rent Type Price | Aug | vs Last Month |
|---|---|---|
| Apartment rentals | $1,650 | +0% |
| Condo rentals | $2,195 | +64.4% |
| House rentals | $1,942 | -25.3% |
| Duplex rentals | $1,325 | +1.9% |
Looking at the median rent price for an apartment in Forest Park, IL, you can note that it remains flat with a price tag of $1,650. Statistics show that house rent price decreased by 25.3% this month making it up to $1,942. Condos faced an upward trend these days. The median rent for a condo increased by 64.4%, it’s now available for $2,195. You can now rent a duplex for $1,325, duplex rent price increased by 1.9% this month.