Cheap Apartments for Rent in the Grant Park Neighborhood of Elgin, IL from $700 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Grant Park area of Elgin.

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19-25 Walker Pl
Studio Apartments

19-25 Walker Pl

19-25 Walker PlElgin, IL 60120

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

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1862 Mark Ave
1 to 2 Bedroom Apartments

1862 Mark Ave

1862 Mark AveElgin, IL 60123
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1698 Alison Dr
2 Bedroom Apartments

1698 Alison Dr

1698 Alison DrElgin, IL 60123
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591 Hiawatha Dr
1 Bedroom Apartments

591 Hiawatha Dr

591 Hiawatha DrElgin, IL 60120
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1459 Meyer St
Studio Apartments

1459 Meyer St

1459 Meyer StElgin, IL 60123
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61 N Aldine Ave
Studio to 2 Bedroom Apartments

61 N Aldine Ave

61 N Aldine AveElgin, IL 60123
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700 Bode Rd
2 Bedroom Apartments

700 Bode Rd

700 Bode RdElgin, IL 60120

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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313 Kathleen Dr
1 to 2 Bedroom Apartments

313 Kathleen Dr

313 Kathleen DrElgin, IL 60123
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280 Douglas Ave
1 Bedroom Apartments

280 Douglas Ave

280 Douglas AveElgin, IL 60120
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1489 Meyer St
6 Bedroom Apartments

1489 Meyer St

1489 Meyer StElgin, IL 60123
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520 Walnut Ave
1 Bedroom Apartments

520 Walnut Ave

520 Walnut AveElgin, IL 60123
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Part of PID: 9813701
1 to 2 Bedroom Apartments

Part of PID: 9813701

34 Surrey DrElgin, IL 60123
  • Utilities Included
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33 Lynch St
Studio to 3 Bedroom Apartments

33 Lynch St

33 Lynch StElgin, IL 60123
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733 Jefferson Ave
1 to 3 Bedroom Apartments

733 Jefferson Ave

733 Jefferson AveElgin, IL 60120
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1680 Mark Ave
2 Bedroom Apartments

1680 Mark Ave

1680 Mark AveElgin, IL 60123
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411 Hamilton Ave
2 Bedroom Apartments

411 Hamilton Ave

411 Hamilton AveElgin, IL 60123
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255 N Spring St
1 to 4 Bedroom Apartments

255 N Spring St

255 N Spring StElgin, IL 60120

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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10 N Gifford St
4 Bedroom Apartments

10 N Gifford St

10 N Gifford StElgin, IL 60120
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70 S Chapel St
1 Bedroom Apartments

70 S Chapel St

70 S Chapel StElgin, IL 60120
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1566 Mark Ave
1 to 2 Bedroom Apartments

1566 Mark Ave

1566 Mark AveElgin, IL 60123
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327 McClure Ave
Studio Apartments

327 McClure Ave

327 McClure AveElgin, IL 60123
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1874 Mark Ave
1 to 2 Bedroom Apartments

1874 Mark Ave

1874 Mark AveElgin, IL 60123
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1529 Meyer St
1 Bedroom Apartments

1529 Meyer St

1529 Meyer StElgin, IL 60123
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363 Prairie St
Studio to 3 Bedroom Apartments

363 Prairie St

363 Prairie StElgin, IL 60120
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350 E Chicago St
Studio to 1 Bedroom Apartments

350 E Chicago St

350 E Chicago StElgin, IL 60120

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.

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6 S Union St
1 Bedroom Apartments

6 S Union St

6 S Union StElgin, IL 60123
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River West Commons
Studio to 2 Bedroom Apartments

River West Commons

719 W Highland AveElgin, IL 60123
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Roseanne Apartments
Studio to 2 Bedroom Apartments

Roseanne Apartments

401 E Chicago StElgin, IL 60120
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1289 Abbott Dr
1 to 2 Bedroom Apartments

1289 Abbott Dr

1289 Abbott DrElgin, IL 60123
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39 Surrey Dr
Studio to 3 Bedroom Apartments

39 Surrey Dr

51 Surrey DrElgin, IL 60123
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Burnham Manor - 62 & Over
1 to 2 Bedroom Apartments

Burnham Manor - 62 & Over

1350 Fleetwood DrElgin, IL 60123
Senior Living
  • Utilities Included

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.

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Grant Park, Elgin, IL Local Guide

Cheapest Available Grant Park Apartments for Rent

 

The cheapest available apartment rental in the Grant Park area of Chicago, IL is a 1 Bed unit found at River's Landing Apartments priced from $1,235. Royal Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Grant Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1,235
Royal Ridge Apartments1 Bedroom1BR,1BA$1,350
1254-1256 Robinwood Drive1254-1256 Robinwood Drive - 1254-...2BR,1BA$1,500
Wing Park Residencewp-1bs1BR,1BA$1,550
Fountain Square2 Bed/ 2 Bath2BR,2BA$2,200

Best Value Apartments for Rent in Grant Park, IL

As of July 22, 2026 the best value apartment in the Grant Park area is the $2.00 price per square foot 2 Bed/ 2 Bath/ Den Model at Fountain Square in the in the College Green neighborhood starting from $2,600. The second greatest value Grant Park apartment is the 1254-1256 Robinwood Drive - 1254-... Model at 1254-1256 Robinwood Drive starting at $1,500 with a $1.36 price per square foot in the Grant Park neighborhood. Here is today’s list of the best values for Grant Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain Square2 Bed/ 2 Bath/ Den2BR,2.5BA$2.00
1254-1256 Robinwood Drive1254-1256 Robinwood Drive - 1254-...2BR,1BA$1.36
443 Jefferson Ave, Unit #4 - 1 bed 1 bath443 Jefferson Ave1BR,1BA$1.55
Wing Park Residencewp-1bs1BR,1BA$2.14
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1.83
Royal Ridge Apartments1 Bedroom1BR,1BA$2.08

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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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Grant Park, Elgin, IL

Ranked #25

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Grant Park, Elgin, IL

School data provided by Great Schools

Lifestyle Ratings

This website works hard to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States, including Elgin. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Grant Park Apartments

What is the price of a cheap apartment in Grant Park?

The cheapest apartment in Grant Park is River's Landing Apartments which is listed at $1,235, while the average apartment in Grant Park costs $2,280.

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 1 regular apartments in Grant Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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