
Cheap Apartments for Rent in the Grant Park Neighborhood of Elgin, IL from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grant Park area of Elgin.


River's Landing Apartments
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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.
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.
Grant Park, Elgin, 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 | $1,100 | $1,025 | $1,225 |
| Grant Park 1 Bedroom Apartments | $1,379 | $826 | $1,900 |
| Grant Park 2 Bedroom Apartments | $1,765 | $967 | $2,800 |
| Grant Park 3 Bedroom Apartments | $2,006 | $1,500 | $2,800 |
| Grant Park 4 Bedroom Apartments | $2,000 | $2,000 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Grant Park Neighborhood of Elgin, IL.
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Grant Park, Elgin, 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 2 Beds unit found at Fox River Townhomes priced from $772. Royal Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here are the most affordable Grant Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox River Townhomes | 2x1 | 2BR,1BA | $772 |
| Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $1,500 |
| WC Kimball | 2 Bed 1 Bath | 2BR,1BA | $1,895 |
| Fountain Square | 1Bed/1Bath | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Grant Park, IL
As of December 08, 2025 the best value apartment in the Grant Park area is the $0.92 price per square foot 520 Lawrence Ave Model at 520 Lawrence Ave, Unit Furnished Unit in the in the College Green neighborhood starting from $1,400. The second greatest value Grant Park apartment is the 2 Bed 1 Bath Model at WC Kimball starting at $1,895 with a $1.58 price per square foot in the College Green 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. |
|---|---|---|---|
| 520 Lawrence Ave, Unit Furnished Unit | 520 Lawrence Ave | 1BR,1BA | $0.92 |
| WC Kimball | 2 Bed 1 Bath | 2BR,1BA | $1.58 |
| 482 Stella St, Unit 1 | 482 Stella St | 3BR,1BA | $1.60 |
| 1320 Getzelman Dr, Unit 3 | 1320 Getzelman Dr | 2BR,1BA | $1.65 |
| Fountain Square | 1Bed/1Bath | 1BR,1BA | $2.32 |
| Fox River Townhomes | 2x1 | 2BR,1BA | $1.00 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.07 |
| Royal Ridge Apartments | Studio | Studio ,1BA | $2.25 |
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 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 ArticleQuick 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.
Pet Friendly LifestyleGrant Park, Elgin, IL
Ranked #24
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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
How much is rent for a Cheap One Bedroom Grant Park Apartment?
The lowest price for a Cheap One Bedroom Grant Park Apartment is $1,500 at Wing Park Residence.
What is the lowest price for a Cheap Two Bedroom Grant Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grant Park is starting from $772 at Fox River Townhomes.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!








