1620 S Michigan Ave
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Cheap Homes for Rent in Grant Park Neighborhood of Chicago, IL from $1,800 (53 Rentals)
Search the lowest-cost Homes available for rent right now in the Grant Park area of Chicago.
30 E Roosevelt Rd
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$1,930Studio Apartments Available Nov 16
1000 S Michigan Ave
1000 S Michigan AveChicago, IL 60605
400 E Randolph St, Unit 1616
400 E Randolph St
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1305 S Michigan Ave
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400 E Randolph St
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130 N Garland Ct
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1322 S Wabash Ave
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1845 S Michigan Ave, Unit 01204
1845 S Michigan Ave
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400 E Randolph St, Unit 3321
400 E Randolph St
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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.
28 E Adams St
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2110 S Wabash Ave
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1235 S Indiana Ave
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1720 S Michigan Ave
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40 E 9th St
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1720 S Michigan Ave
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1972 S Indiana Ave
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1398 S Wabash Ave
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$2,2602 Bedroom Apartments Available Sep 1
30 E Roosevelt Rd
30 E Roosevelt RdChicago, IL 60605
1304 S Michigan Ave
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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.
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$2,2701 Bedroom Apartments Available May 9
30 E Roosevelt Rd
30 E Roosevelt RdChicago, IL 60605
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$2,3001 Bedroom Apartments Available Jun 1
30 E Roosevelt Rd
30 E Roosevelt RdChicago, IL 60605
1400 S Michigan Ave, Unit 27G
1400 S Michigan Ave
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1160 S Michigan Ave
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$2,330Studio Apartments Available Jul 2
1407 S Michigan Ave
1407 S Michigan AveChicago, IL 60605
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$2,330Studio Apartments Available Jun 15
1407 S Michigan Ave
1407 S Michigan AveChicago, IL 60605
1160 S Michigan Ave, Unit 2901
1160 S Michigan Ave
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1717 S Prairie Ave, Unit 1307
1717 S Prairie Ave
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1400 S Michigan Ave
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1305 S Michigan Ave
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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.
1111 S Wabash Ave, Unit 1605
1111 S Wabash Ave
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1350 S Wabash Ave
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1400 S Michigan Ave
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1515 S Prairie Ave
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360 E Randolph St, Unit 606
360 E Randolph St
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1422 S Indiana Ave
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1721 S Michigan Ave
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2 E 14th St
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1808 S Michigan Ave
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1160 S Michigan Ave
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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!
2099 S Wabash Ave
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1600 S Prairie Ave, Unit 1805
1600 S Prairie Ave
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50 E 16th St
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65 E Monroe St, Unit 4716F
65 E Monroe St
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1400 S Michigan Ave, Unit 5A
1400 S Michigan Ave
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1808 S Michigan Ave, Unit 17
1808 S Michigan Ave
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360 E Randolph St
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40 E 9th St
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1215 S Indiana Ave
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1232 S Indiana Ave
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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.
Grant Park, Chicago, IL Local Guide
How much does it cost to rent a home in Grant Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grant Park 2 Bedroom Homes for Rent | $3,452 | $2,000 | $7,000 |
| Grant Park 3 Bedroom Homes for Rent | $6,468 | $3,900 | $10,000+ |
| Grant Park 4 Bedroom Homes for Rent | $7,125 | $6,000 | $8,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Grant Park Neighborhood of Chicago, IL.
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Grant Park, Chicago, IL Local Guide
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Cheapest Available Grant Park Apartments for Rent
The cheapest available apartment rental in the Grant Park area of Chicago, IL is a Studio unit found at 21st Street Lofts priced from $1,399. ELEVEN THIRTY has the second lowest priced unit, which is a Studio apartment currently listed from $1,705. Here are the most affordable Grant Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 21st Street Lofts | Studio - A | Studio,1BA | $1,399 |
| ELEVEN THIRTY | Tier 6/12 (Studio) | Studio,1BA | $1,705 |
| 820 Michigan by 3L Living | Studio East | Studio,1BA | $1,734 |
| 30 East Roosevelt | ER_1x1 | 1BR,1BA | $1,750 |
| 2101 Michigan | Studio | Studio,1BA | $1,815 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 09 | Studio,1BA | $1,879 |
| The Alfred | B3 | Studio,1BA | $1,940 |
| 1407 on Michigan | S7 | Studio,1BA | $2,047 |
| Coeval | S2.L | Studio,1BA | $2,070 |
| 1400 Wabash | S1 | Studio,1BA | $2,082 |
Best Value Apartments for Rent in Grant Park, IL
As of April 08, 2026 the best value apartment in the Grant Park area is the $1.23 price per square foot 3x2 Model at Student | The Flats East West in the in the Near South Side neighborhood starting from $999. The second greatest value Grant Park apartment is the 1D Penthouse Model at SKY55 starting at $3,050 with a $3.97 price per square foot in the Near South Side neighborhood. Here is today’s list of the best values for Grant Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Student | The Flats East West | 3x2 | 3BR,2BA | $1.23 |
| SKY55 | 1D Penthouse | 1BR,1BA | $3.97 |
| Neveseno | O19 | 1BR,1BA | $3.60 |
| 1619 S Michigan Ave | 1619 S Michigan Ave | 1BR,1BA | $3.63 |
| 1400 Wabash | O4 | 1BR,1BA | $4.11 |
| 30 East Roosevelt | ER_1x1 | 1BR,1BA | $3.03 |
| Park Michigan - 1212 S Michigan Ave | Conv 03 05 07 09 | Studio ,1BA | $3.76 |
| The Alfred | B1 | Studio ,1BA | $3.93 |
| Aspire Residences | Asp_1b_03 | 1BR,1BA | $3.97 |
| ELEVEN THIRTY | Tier 6/12 (Studio) | Studio ,1BA | $3.97 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA 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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Pet Friendly LifestyleGrant Park, Chicago, IL
Ranked #40
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Grant Park
What type of rentals are currently available in Grant Park?
There are currently 116 Apartments for Rent in Grant Park, IL with pricing that ranges from $999 to $36,303. There are also 166 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grant Park ranging from $1,800 to $11,800.
What is the current price range for Rental Homes in Grant Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grant Park ranges from $1,800 to $11,800 with an average monthly rent of $4,355.
How much are larger Three and Four Bedroom Rentals in Grant Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grant Park range from $999 to $36,303, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,900 to $11,800. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $999.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.