
Cheap Homes for Rent in Grant School Park Neighborhood of Elgin, IL from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Grant School Park area of Elgin.


363 Prairie St, Unit 4

65 N Aldine St, Unit 2
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.

50 Canterfield Pkwy W, Unit 1801

50 Canterfield Pkwy W, Unit 933

352 N Commonwealth Ave
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.

150 Dexter Ct
Grant School Park, Elgin, IL Local Guide

How much does it cost to rent a home in Grant School Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grant School Park 2 Bedroom Homes for Rent | $1,499 | $1,499 | $1,499 |
| Grant School Park 3 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Grant School Park 4 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Grant School Park Neighborhood of Elgin, IL.
Explore Elgin
Grant School Park, Elgin, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 39 Surrey Dr | 39 Surrey Drive | Studio,1BA | $1,100 |
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1,235 |
| Royal Ridge Apartments | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Grant School Park, IL
As of June 08, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fountain Square | 2 Bed/ 2 Bath/ Den | 2BR,2.5BA | $2.00 |
| 1900 at Canterfield Apartment Homes | B4- Upper | 2BR,2BA | $1.96 |
| River's Landing Apartments | 2 Bedroom 1 Bath 775 sq ft | 2BR,1BA | $1.87 |
| 1320 Getzelman Dr, Unit 3 | 1320 Getzelman Dr | 2BR,1BA | $2.00 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| 39 Surrey Dr | 39 Surrey Drive | Studio ,1BA | $1.69 |
| Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $2.29 |
| Royal Ridge Apartments | Studio | Studio ,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.
Read ArticleReal 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.
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 School Park, Elgin, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Grant School Park
What type of rentals are currently available in Grant School Park?
There are currently 58 Apartments for Rent in Grant School Park, IL with pricing that ranges from $826 to $17,743. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grant School Park ranging from $1,499 to $3,400.
What is the current price range for Rental Homes in Grant School Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grant School Park ranges from $1,499 to $3,400 with an average monthly rent of $2,566.
How much are larger Three and Four Bedroom Rentals in Grant School Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grant School Park range from $2,150 to $3,657, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $2,800. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $10,000.
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

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.

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.

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.

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.