Cheap Apartments for Rent in the Grand Boulevard Neighborhood of Chicago, IL from $700 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Grand Boulevard area of Chicago.

close
View Me
5035 S King Dr
2 to 4 Bedroom Apartments

5035 S King Dr

5035 S King DrChicago, IL 60615
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

close
View Me
Hyde Park / Kenwood
Studio to 1 Bedroom Apartments

Hyde Park / Kenwood

4400-4404 S Drexel BlvdChicago, IL 60653
  • Utilities Included
close
View Me
Ohio Commons
1 to 4 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
  • Utilities Included
close
View Me
Drexel Investments, LLC
Studio to 2 Bedroom Apartments

Drexel Investments, LLC

4742-4748 S Drexel BlvdChicago, IL 60615
  • Utilities Included
close
View Me
Paul G Stewart Center
Studio to 2 Bedroom Apartments

Paul G Stewart Center

400 E 41st StChicago, IL 60653
Senior Living
  • Utilities Included
close
View Me
Rosenwald Courts
1 to 2 Bedroom Apartments

Rosenwald Courts

4600-4602 S Michigan AveChicago, IL 60653
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
4850-4858 S Michigan Ave
1 to 3 Bedroom Apartments

4850-4858 S Michigan Ave

4850-4858 S Michigan AveChicago, IL 60615
  • Utilities Included
close
View Me
Pangea Commons
1 to 3 Bedroom Apartments

Pangea Commons

5019 S Saint Lawrence AveChicago, IL 60615

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

close
View Me
The Pershing
1 to 2 Bedroom Apartments

The Pershing

3845 S State StChicago, IL 60609
  • Utilities Included
close
View Me
Drexel Grand
Studio to 2 Bedroom Apartments

Drexel Grand

5220 S Drexel AveChicago, IL 60615
close
View Me
Oakwood Apartments
Studio to 1 Bedroom Apartments

Oakwood Apartments

427-439 E Oakwood BlvdChicago, IL 60653
close
View Me
824-842 E 53rd St
Studio to 1 Bedroom Apartments

824-842 E 53rd St

824-842 E 53rd StChicago, IL 60615
  • Utilities Included
close
View Me
Ellis Court
Studio to 2 Bedroom Apartments

Ellis Court

5301-5309 S Ellis AveChicago, IL 60615

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
The Sutherland
Studio to 2 Bedroom Apartments

The Sutherland

4659 S Drexel BlvdChicago, IL 60653
Corporate Housing
close
View Me
4956 S Michigan
3 to 4 Bedroom Apartments

4956 S Michigan

4950-4956 S Michigan AveChicago, IL 60615

Grand Boulevard, Chicago, IL Local Guide

Cheapest Available Grand Boulevard Apartments for Rent

 

The cheapest available apartment rental in the Grand Boulevard area of Chicago, IL is a Studio unit found at 824 E 53rd St priced from $850. 801-05 E Drexel Square Chicago, IL 60615 has the second lowest priced unit, which is a Studio apartment currently listed from $940. Here are the most affordable Grand Boulevard apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
824 E 53rd StLarge StudioStudio,1BA$850
801-05 E Drexel Square Chicago, IL 60615Studio ApartmentStudio,1BA$940
4901 S Drexel Blvd Chicago, IL 60615Studio ApartmentStudio,1BA$1,000
5130 S Dr Martin Luther King Jr Dr Chicago, IL 606151 Bedroom 1 Bath Apartment1BR,1BA$1,000
4720 S Drexel Blvd Chicago, IL 60615Studio ApartmentStudio,1BA$1,005
4721 S. Ellis Avenueells0bdStudio,1BA$1,165
Drexel Granddrxg0bdStudio,1BA$1,220
49th Street Apartments1 Bedrooms1BR,1BA$1,275
1101 E. Hyde Park Boulevard1101-1bG1BR,1BA$1,375
The Sutherlandsuthm-0bAStudio,1BA$1,375

Best Value Apartments for Rent in Grand Boulevard, IL

As of January 17, 2026 the best value apartment in the Grand Boulevard area is the $1.60 price per square foot 3935 S Wells St Model at 3935 S Wells St, Unit 1 in the in the Douglas neighborhood starting from $4,800. The second greatest value Grand Boulevard apartment is the 3935 S Wells St Model at 3935 S Wells St, Unit 1 starting at $4,800 with a $1.60 price per square foot in the Douglas neighborhood. Here is today’s list of the best values for Grand Boulevard apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.60
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.60
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.60
5127 S Indiana Ave, Unit G5127 S Indiana Ave4BR,2BA$1.23
4313 S King Dr3 x 23BR,2BA$1.40
5046 S Champlain Ave 612 E 51st St Chicago, IL 606153 Bedroom 1 Bath Apartment3BR,1BA$1.37
5032 S Princeton Ave, Unit 15032 S Princeton Ave2BR,1BA$1.29
5015 S Champlain Ave Chicago, IL 606152 Bedroom 1 Bath Apartment with Dining2BR,1BA$1.41
824 E 53rd St1 Bed1BR,1BA$1.19
5130 S Dr Martin Luther King Jr Dr Chicago, IL 606151 Bedroom 1 Bath Apartment1BR,1BA$1.43

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Grand Boulevard, Chicago, IL

Ranked #63

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Grand Boulevard Apartments

What is the Cheapest Studio apartment in Grand Boulevard?

Currently the most affordable Cheap Studio Apartment in Grand Boulevard is at 824 E 53rd St listed at $850.

How much is rent for a Cheap One Bedroom Grand Boulevard Apartment?

The lowest price for a Cheap One Bedroom Grand Boulevard Apartment is $950 at 824 E 53rd St.

What is the lowest price for a Cheap Two Bedroom Grand Boulevard Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grand Boulevard is starting from $1,415 at 5046 S Champlain Ave 612 E 51st St Chicago, IL 60615.

What is the most affordable Grand Boulevard Three Bedroom Apartment?

The best deal on a cheap Grand Boulevard Three Bedroom Apartment rental is at 5046 S Champlain Ave 612 E 51st St Chicago, IL 60615 and starts from $2,025.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!