
Cheap Apartments for Rent in the Grant Park Neighborhood of Chicago, IL from $949 (111 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Grant Park area of Chicago.


1918 S Michigan Ave, Unit 202

Total Monthly Price
1442 S Michigan Ave, Unit 1440-213

1600 S Indiana Ave

1718 S Michigan Ave

2110 S Wabash Ave

1365 S Wabash Ave

Total Monthly Price
Neveseno

1307 Michigan Ave

39 E 14th St
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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1717 S Prairie Ave, Unit 1307

1212 S Michigan Ave

1265 S Michigan Ave

Total Monthly Price
30 E Roosevelt Rd, Unit SI FL8-ID802

1335 S Wabash Ave

1305 S Michigan Ave

2134 S Indiana Ave

212 E Cullerton St, Unit 410

1111 S Wabash Ave, Unit 23D

1111 S Wabash Ave, Unit 1605
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

Vesta Lofts Apartments

1901 S Calumet Ave, Unit 1111

1400 S Michigan Ave, Unit 1807

Arrive LEX

Total Monthly Price
1000 S Michigan Ave, Unit SI FL9-ID1347

Total Monthly Price
1407 S Michigan Ave, Unit SI FL8-ID761

1160 S Michigan Ave

2099 S Wabash Ave

1147 S Michigan Ave

1249 S Michigan Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1600 S Prairie Ave, Unit 1805

910 S Michigan Ave, Unit 1306

1130 S Michigan Ave, Unit 1130 South Michigan Ave

Total Monthly Price
1210 S Indiana Ave, Unit SI FL11-ID1317

8 E 9th St, Unit 1809

910 S Michigan Ave

1251 S Michigan - Senior Living

40 E 9th St

1220 S Michigan Ave

400 E Randolph St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2036 S Michigan Avenue

1464 S Michigan Ave

1307 S Wabash Ave

400 E Randolph St, Unit 3504

1345 S Wabash Ave

1845 S Michigan Ave

SKY55

1322 S Wabash Ave

1901 S Calumet Ave

400 E Randolph St, Unit 3721
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.
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 | $2,502 | $1,429 | $6,534 |
| Grant Park 1 Bedroom Apartments | $2,886 | $1,750 | $7,000 |
| Grant Park 2 Bedroom Apartments | $3,895 | $1,819 | $7,007 |
| Grant Park 3 Bedroom Apartments | $6,126 | $1,024 | $10,000+ |
| Grant Park 4 Bedroom Apartments | $2,996 | $1,199 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 111 rentals with your search options within a 2 mile radius of the Grant Park Neighborhood of Chicago, IL.
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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 $2,409.
What is the price of a cheap apartment in Grant Park?
The cheapest apartment in Grant Park is 30 East Roosevelt which is listed at $1,750, while the average apartment in Grant Park costs $2,830.
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 25 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 $388 which is $2,442 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

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Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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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

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.