Cheap Homes for Rent in Grant School Park Neighborhood of Elgin, IL from $1,400 (5 Rentals)

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

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, Unit 2

65 N Aldine St
ElginIL60123

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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 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 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 Studio apartment currently listed from $1,250. Here are the most affordable Grant School Park apartments for rent in Elgin, IL:

Apartment ListingModel NameBed/BathPriced From
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1,235
Royal Ridge ApartmentsStudioStudio,1BA$1,250
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$1,470

Best Value Apartments for Rent in Grant School Park, IL

As of April 23, 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 C1AR2 Model at The Villages at Canterfield starting at $3,090 with a $2.46 price per square foot in the Willow Lakes 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
The Villages at CanterfieldC1AR22BR,2.5BA$2.46
1900 at Canterfield Apartment HomesA2- Lower1BR,1BA$2.32
River's Landing Apartments2 Bedroom 1 Bath 775 sq ft2BR,1BA$1.87
Wing Park Residencewp-1bs1BR,1BA$2.14
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$2.05
Royal Ridge ApartmentsStudioStudio ,1BA$2.50

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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.

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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 Grant School Park

What type of rentals are currently available in Grant School Park?

There are currently 57 Apartments for Rent in Grant School Park, IL with pricing that ranges from $826 to $17,756. There are also 11 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 $2,401.

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 $1,980 to $3,556, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,280 to $2,280. 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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.