Cheap Apartments for Rent in the Grant School Park Neighborhood of Elgin, IL from $800 (24 Rentals)

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

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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River West Commons
Studio to 2 Bedroom Apartments

River West Commons

719 W Highland AveElgin, IL 60123
  • Utilities Included
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Westwind Tower
1 to 2 Bedroom Apartments

Westwind Tower

104 S State StElgin, IL 60123
Senior Living
  • Utilities Included
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278 Douglas Ave
1 Bedroom Apartments

278 Douglas Ave

278 Douglas AveElgin, IL 60120

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.

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property at 65 N Aldine St

$1,499

Total Monthly Price

Total Monthly Price

Base Rent
$1,499
Total Monthly Price
$1,499

2 Bedroom, 1 Bath Condo for Rent

Available Now

65 N Aldine St, Unit 2

65 N Aldine St
ElginIL60123
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WC Kimball
2 Bedroom Apartments

WC Kimball

52 N Crystal AveElgin, IL 60123

Cash 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.

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Showing Results 1-24, Page 1 of 1

Grant School Park, Elgin, IL Local Guide

Cheapest Available Grant School Park Apartments for Rent

 

The cheapest available apartment rental in the Grant School Park area of Elgin, IL is a Studio unit found at 39 Surrey Dr priced from $1,100. River's Landing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here are the most affordable Grant School Park apartments for rent in Elgin, IL:

Apartment ListingModel NameBed/BathPriced From
39 Surrey Dr39 Surrey DriveStudio,1BA$1,100
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1,235
Royal Ridge ApartmentsStudioStudio,1BA$1,250
Blackhawk Apartment HomesOne Bedroom - 598 sqft1BR,1BA$1,370
Wing Park Residencewp-1bs1BR,1BA$1,550

Best Value Apartments for Rent in Grant School Park, IL

As of June 07, 2026 the best value apartment in the Grant School 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 School Park apartment is the B4- Upper Model at 1900 at Canterfield Apartment Homes starting at $2,319 with a $1.96 price per square foot in the Sandy Creek Estates neighborhood. Here is today’s list of the best values for Grant School 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
1900 at Canterfield Apartment HomesB4- Upper2BR,2BA$1.96
River's Landing Apartments2 Bedroom 1 Bath 775 sq ft2BR,1BA$1.87
1320 Getzelman Dr, Unit 31320 Getzelman Dr2BR,1BA$2.00
Wing Park Residencewp-1bs1BR,1BA$2.14
39 Surrey Dr39 Surrey DriveStudio ,1BA$1.69
Blackhawk Apartment HomesOne Bedroom - 598 sqft1BR,1BA$2.29
Royal Ridge ApartmentsStudioStudio ,1BA$2.50

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 School Park, Elgin, IL

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Grant School Park Apartments

What is a cheap apartment in Grant School Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grant School Park is under $2,319.

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

The cheapest apartment in Grant School Park is River's Landing Apartments which is listed at $1,235, while the average apartment in Grant School Park costs $17,743.

What types of apartments are the cheapest in Grant School 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 2 regular apartments in Grant School 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.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.