
Cheap Apartments for Rent in the Grant Park Neighborhood of Chicago, IL from $900 (59 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Grant Park area of Chicago.


2036 S Michigan Avenue

400 E Randolph St, Unit 3712, Unit 3712

400 E Randolph St, Unit 2022, Unit 2022
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

2025 S Indiana Ave

1345 S Wabash Ave

1160 S Michigan Ave

400 E Randolph St
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!

1720 S Michigan Ave
Grant Park, Chicago, IL Local Guide

How much does it cost to rent an apartment in Grant Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grant Park Studio Apartments | $2,142 | $1,399 | $3,084 |
| Grant Park 1 Bedroom Apartments | $2,643 | $1,569 | $9,299 |
| Grant Park 2 Bedroom Apartments | $3,902 | $1,790 | $10,000+ |
| Grant Park 3 Bedroom Apartments | $4,701 | $999 | $10,000+ |
| Grant Park 4 Bedroom Apartments | $1,801 | $999 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Grant Park Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Frequently Asked Questions about Cheap Grant Park Apartments
What is a cheap apartment in Grant Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grant Park is under $2,329.
What is the price of a cheap apartment in Grant Park?
The cheapest apartment in Grant Park is 21st Street Lofts by 3L Living which is listed at $1,569, while the average apartment in Grant Park costs $3,498.
What types of apartments are the cheapest in Grant Park?
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 32 regular apartments in Grant Park 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 Grant Park?
Cheap apartments in Grant Park have an average cost of $1,080 which is $2,418 cheaper than the average rent for all rentals in Grant Park.
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

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.

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.

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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.