Cheap Apartments for Rent in the Grand Boulevard Neighborhood of Chicago, IL from $746 (97 Rentals)

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

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5148 S Indiana Ave, Unit G
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
1 Bedroom Apartment Available Now

5148 S Indiana Ave, Unit G

5148 S Indiana AveChicago, IL 60615
Affordability
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5035 S King Dr
2 to 4 Bedroom Apartments

5035 S King Dr

5035 S King DrChicago, IL 60615
  • Utilities Included
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Hyde Park / Kenwood
Studio to 1 Bedroom Apartments

Hyde Park / Kenwood

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

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
  • Utilities Included
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4915 S Drexel Apartments
Studio to 4 Bedroom Apartments

4915 S Drexel Apartments

4915 S Drexel BlvdChicago, IL 60615
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Drexel Investments, LLC
Studio to 2 Bedroom Apartments

Drexel Investments, LLC

4742-4748 S Drexel BlvdChicago, IL 60615
  • Utilities Included

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Paul G Stewart Center
Studio to 2 Bedroom Apartments

Paul G Stewart Center

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

Rosenwald Courts

4600-4602 S Michigan AveChicago, IL 60653
  • Utilities Included
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801 E Drexel Square
Studio to 2 Bedroom Apartments

801 E Drexel Square

801-805 E Drexel SqChicago, IL 60615
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4850-4858 S Michigan Ave
1 to 3 Bedroom Apartments

4850-4858 S Michigan Ave

4850-4858 S Michigan AveChicago, IL 60615
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The Pershing
1 to 2 Bedroom Apartments

The Pershing

3845 S State StChicago, IL 60609
  • Utilities Included

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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 4 Beds unit found at Coleman Place At Legends South priced from $170. 824 E 53rd St has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Grand Boulevard apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Coleman Place At Legends SouthThe Wells4BR,2BA$170
824 E 53rd StLarge StudioStudio,1BA$850
Abbott Square - 81431BR1BR,1BA$1,031
4721 S. Ellis Avenue4721-0baStudio,1BA$1,040
4950 S Prairie AvePrairie1BR,1BA$1,130
4720 S DrexelStudio ApartmentStudio,1BA$1,230
Drexel Granddga-0baStudio,1BA$1,245
4400-4402 S. Indiana Avenue1beds1BR,1BA$1,329

Best Value Apartments for Rent in Grand Boulevard, IL

As of August 25, 2026 the best value apartment in the Grand Boulevard area is the $1.20 price per square foot 5211 S Greenwood Ave Model at 5211 S Greenwood Ave in the in the Hyde Park neighborhood starting from $3,850. The second greatest value Grand Boulevard apartment is the 4820 S Champlain Ave Model at 4820 S Champlain Ave starting at $3,500 with a $1.12 price per square foot in the Grand Boulevard 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.
5211 S Greenwood Ave5211 S Greenwood Ave4BR,2BA$1.20
4820 S Champlain Ave4820 S Champlain Ave3BR,2BA$1.12
4615 S Vincennes Ave, Unit Vincennes4615 S Vincennes Ave4BR,1.5BA$1.41
925 East 46th Street925-3bb3BR,2BA$1.42
4208 S Michigan Ave3 bedroom / 1 Bath3BR,1BA$1.42
5047 S Champlain4 Bedroom 1 Bath Apartment Renovated4BR,1BA$1.52
4841 S St Lawrence Ave, Unit Bronzeville - Vintage 1st floor4841 S St Lawrence Ave2BR,1BA$1.40
824 E 53rd St1 Bed1BR,1BA$1.19
5148 S Indiana Ave, Unit G5148 S Indiana Ave1BR,1BA$1.50
Coleman Place At Legends SouthThe Burnham1BR,1BA$1.20

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.

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

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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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Grand Boulevard, Chicago, IL

Ranked #64

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,329.

What is the price of a cheap apartment in Grand Boulevard?

The cheapest apartment in Grand Boulevard is Coleman Place At Legends South which is listed at $914, while the average apartment in Grand Boulevard costs $1,665.

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 11 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 $306 which is $1,359 cheaper than the average rent for all rentals in Grand Boulevard.

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.

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