
Cheap Homes for Rent in Grand Boulevard Neighborhood of Chicago, IL from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Grand Boulevard area of Chicago.


5146.5 S Martin Luther King Dr

4752 S Wabash Ave
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.

4421 S Prairie Ave

427 E Oakwood Blvd

5252 S Drexel Ave
Navigating the Rental Market: Tips for First-Time Renters
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4500 S Cottage Grove Ave

4714 S Calumet Ave, Unit 2

4714 S Calumet Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

5123 S Indiana Ave

3707 S Michigan Ave

66 E 50th St
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

64 E 50th St
Grand Boulevard, Chicago, IL Local Guide

How much does it cost to rent a home in Grand Boulevard?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grand Boulevard 2 Bedroom Homes for Rent | $2,193 | $1,350 | $3,500 |
Grand Boulevard 3 Bedroom Homes for Rent | $2,606 | $1,300 | $3,600 |
Grand Boulevard 4 Bedroom Homes for Rent | $3,225 | $2,300 | $6,000 |
Grand Boulevard 5 Bedroom Homes for Rent | $3,697 | $2,995 | $4,400 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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
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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 4901 S Drexel Blvd priced from $910. 4721 S. Ellis Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable Grand Boulevard apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4901 S Drexel Blvd | Studio Apartment | Studio,1BA | $910 |
4721 S. Ellis Avenue | ells0bd | Studio,1BA | $1,030 |
5049 S. Drexel Boulevard | 5049-0bA | Studio,1BA | $1,075 |
Lake Grove Village | 1B | 1BR,1BA | $1,100 |
4720 S Drexel Blvd | Studio Apartment | Studio,1BA | $1,130 |
Best Value Apartments for Rent in Grand Boulevard, IL
As of May 11, 2025 the best value apartment in the Grand Boulevard area is the $0.77 price per square foot 4820 S Champlain Ave Model at 4820 S Champlain Ave, Unit Apt 3 in the in the Grand Boulevard neighborhood starting from $2,400. The second greatest value Grand Boulevard apartment is the 5118-4bA Model at 5118 S. Greenwood starting at $3,395 with a $1.79 price per square foot in the Hyde Park 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. |
---|---|---|---|
4820 S Champlain Ave, Unit Apt 3 | 4820 S Champlain Ave | 3BR,2BA | $0.77 |
5118 S. Greenwood | 5118-4bA | 4BR,3BA | $1.79 |
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 |
4529 S Vincennes Ave, Unit 4529 S Vincennes Ave #3 | 4529 S Vincennes Ave | 3BR,2BA | $1.00 |
Greenwood 5201 | gnwd3bd | 3BR,1BA | $1.78 |
Paramour | 4850-2bB | 2BR,1BA | $1.89 |
4841 S St Lawrence Ave, Unit 3 | 4841 S St Lawrence Ave | 2BR,1BA | $1.40 |
4421 S Prairie Ave, Unit G | 4421 S Prairie Ave | 2BR,1BA | $1.35 |
Lake Grove Village | 1A | 1BR,1BA | $1.78 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Grand Boulevard
What type of rentals are currently available in Grand Boulevard?
There are currently 659 Apartments for Rent in Grand Boulevard, IL with pricing that ranges from $910 to $11,625. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Boulevard ranging from $975 to $6,000.
What is the current price range for Rental Homes in Grand Boulevard?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Boulevard ranges from $975 to $6,000 with an average monthly rent of $2,383.
How much are larger Three and Four Bedroom Rentals in Grand Boulevard?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Boulevard range from $1,485 to $8,180, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,250.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.