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from $925Studio to 2 Bedroom Apartments Available Now
4901 S Drexel Blvd
4901 S Drexel BlvdChicago, IL 60615
Cheap Apartments for Rent in the Grand Boulevard Neighborhood of Chicago, IL from $700 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand Boulevard area of Chicago.
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from $970Studio to 2 Bedroom Apartments Available Now
4720 S Drexel Blvd
4720 S Drexel BlvdChicago, IL 60615
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from $1,025Studio to 3 Bedroom Apartments Available Now
4721 S. Ellis Avenue
4721-4729 S Ellis AveChicago, IL 60615
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from $1,1001 to 3 Bedroom Apartments Available Now
Lake Grove Village
3555 S Cottage Grove AveChicago, IL 60653
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from $1,215Studio to 2 Bedroom Apartments Available Now
Drexel Grand
5220 S Drexel AveChicago, IL 60615
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from $1,305Studio to 2 Bedroom Apartments Available Now
The Sutherland
4659 S Drexel BlvdChicago, IL 60653
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from $1,315Studio Apartments Contact Us For Availability
1363-67 E. 53rd St.
1363 E 53rd StChicago, IL 60615
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.
4752 S Wabash Ave
ChicagoIL60615
5250 S Drexel Ave
ChicagoIL60615
5240 S Drexel Ave
ChicagoIL60615
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from $1,4002 Bedroom Apartment Available Jul 5
4841 S St Lawrence Ave, Unit 3
4841 S St Lawrence AveChicago, IL 60615
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Rent Specials
from $1,425Studio to 4 Bedroom Apartments Available Now
Hyde Park West
5325 S Cottage Grove AveChicago, IL 60615
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from $1,5502 Bedroom Apartment Available Now
4011 S Calumet Ave, Unit 2S
4011 S Calumet AveChicago, IL 60653
5250 S Drexel Ave
ChicagoIL60615
5244 S Drexel Ave
ChicagoIL60615
1022 E Hyde Park Blvd
ChicagoIL60615
5250 S Drexel Ave
ChicagoIL60615
1028 E Hyde Park Blvd
ChicagoIL60615
842 E 53rd St
ChicagoIL60615
1026 E Hyde Park Blvd
ChicagoIL60615
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.
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from $1,6001 Bedroom Apartments Available Now
4317 S Michigan Ave
4317 S Michigan AveChicago, IL 60653
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from $1,6201 Bedroom Apartments Contact Us For Availability
5135-45 S. Ingleside
5135-5145 S Ingleside AveChicago, IL 60615
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1028 E Hyde Park Blvd
ChicagoIL60615
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from $1,6651 to 3 Bedroom Apartments Available Now
5222-38 S. Drexel Avenue
5222-5238 S Drexel AveChicago, IL 60615
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from $1,7002 Bedroom Apartments Contact Us For Availability
1360-64 E. 52nd St.
1360-1364 E 52nd StChicago, IL 60615
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842 E 53rd St
ChicagoIL60615
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Studio to 2 Bedroom Apartments
4455 S. Greenwood Avenue
4451-59-4459 S Greenwood AveChicago, IL 60653
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Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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Grand Boulevard, Chicago, IL Local Guide
How much does it cost to rent an apartment in Grand Boulevard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Boulevard Studio Apartments | $1,160 | $925 | $1,462 |
| Grand Boulevard 1 Bedroom Apartments | $2,137 | $1,100 | $5,400 |
| Grand Boulevard 2 Bedroom Apartments | $2,373 | $1,300 | $5,580 |
| Grand Boulevard 3 Bedroom Apartments | $3,216 | $1,350 | $7,973 |
| Grand Boulevard 4 Bedroom Apartments | $3,183 | $2,250 | $3,875 |
Browse Apartments in this Neighborhood
There are currently 61 rentals with your search options within a 1 mile radius of the Grand Boulevard Neighborhood of Chicago, IL.
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Grand Boulevard, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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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 801-05 E Drexel Square priced from $925. 4901 S Drexel Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Grand Boulevard apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 801-05 E Drexel Square | Studio Apartment | Studio,1BA | $925 |
| 4901 S Drexel Blvd | Studio Apartment | Studio,1BA | $925 |
| 4720 S Drexel Blvd | Studio Apartment | Studio,1BA | $970 |
| 4721 S. Ellis Avenue | ells0bd | Studio,1BA | $1,025 |
| 5049 S. Drexel Boulevard | 5049-0bA | Studio,1BA | $1,050 |
| Lake Grove Village | 1B | 1BR,1BA | $1,100 |
| 49th Street Apartments | 1 Bedrooms | 1BR,1BA | $1,175 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio,1BA | $1,195 |
| Ellis Court | elli0bd | Studio,1BA | $1,299 |
| The Sutherland | suthm-0bC | Studio,1BA | $1,370 |
Best Value Apartments for Rent in Grand Boulevard, IL
As of June 17, 2025 the best value apartment in the Grand Boulevard area is the $1.62 price per square foot 4541 S Forrestville Ave Model at 4541 S Forrestville Ave, Unit 1 in the in the Armour Square neighborhood starting from $3,400. The second greatest value Grand Boulevard apartment is the 4918 Ellis S Ave Model at 4918 Ellis S Ave, Unit Ellis duplex starting at $2,850 with a $1.54 price per square foot in the Kenwood neighborhood. Here is today’s list of the best values for Grand Boulevard apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4541 S Forrestville Ave, Unit 1 | 4541 S Forrestville Ave | 3BR,3BA | $1.62 |
| 4918 Ellis S Ave, Unit Ellis duplex | 4918 Ellis S Ave | 3BR,2BA | $1.54 |
| 5229 S. Drexel Avenue | 5229-3bB | 3BR,2BA | $1.55 |
| 4011 S Calumet Ave, Unit 2S | 4011 S Calumet Ave | 2BR,1BA | $1.29 |
| Woodlawn Commons | 2BR/1BA | 2BR,1BA | $1.65 |
| 4934 S Michigan Ave, Unit Apartment 1R | 4934 S Michigan Ave | 2BR,1BA | $1.71 |
| 925 East 46th Street | 925ea2b3 | 2BR,1BA | $1.69 |
| 49th Street Apartments | 1 Bedrooms | 1BR,1BA | $1.57 |
| Lake Grove Village | 1A | 1BR,1BA | $1.78 |
| 4720 S Drexel Blvd | Studio Apartment | Studio ,1BA | $1.75 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleGrand Boulevard, Chicago, IL
Ranked #148
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Grand Boulevard Apartments
What is a cheap apartment in Grand Boulevard?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grand Boulevard is under $1,370.
What is the price of a cheap apartment in Grand Boulevard?
The cheapest apartment in Grand Boulevard is Lake Grove Village which is listed at $1,100, while the average apartment in Grand Boulevard costs $3,212.
What types of apartments are the cheapest in Grand Boulevard?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Grand Boulevard that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Grand Boulevard?
Cheap apartments in Grand Boulevard have an average cost of $367 which is $2,845 cheaper than the average rent for all rentals in Grand Boulevard.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.