
Cheap Homes for Rent in Grand Chain, IL from $300 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Chain.


411 W Commercial St

317 E Mill St

308 S Bentley St

1129 KY-849

903 Ranney Ave
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.

500 S Washington St

711 S Poplar St

501 E Reeves St

79 Tyler Ter

811 S Sprigg St

907 W Cherry St
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.

43 Chelsea Ln

103 N Russell St

708 Warren St

416 1st St E

918 Linden St

3 Village Dr
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.

608 Main St
Grand Chain, IL Local Guide

How much does it cost to rent a home in Grand Chain?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Chain 2 Bedroom Homes for Rent | $1,187 | $800 | $2,500 |
| Grand Chain 3 Bedroom Homes for Rent | $1,659 | $399 | $2,500 |
| Grand Chain 4 Bedroom Homes for Rent | $1,704 | $975 | $2,500 |
| Grand Chain 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Top Homes for Rent in Grand Chain
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Grand Chain, IL Local Guide
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Cheapest Available Grand Chain Apartments for Rent and Nearby
 The cheapest available apartment rental in Grand Chain, IL is a Studio unit found at Campus Edge priced from $450. ASHBURN COURT APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Grand Chain apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus Edge | Studio | Studio,1BA | $450 |
| ASHBURN COURT APARTMENTS | 0BR/1.0BA | Studio,1BA | $450 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $495 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
Best Value Apartments for Rent in Grand Chain, IL and Nearby
As of June 14, 2026 the best value apartment in the Grand Chain area is the $1.06 price per square foot 2 Bedroom | 2 Bath Model at The Lory of Greenway Village in the starting from $1,325. The second greatest value Grand Chain apartment is the Hadley Model at Westcreek Villas starting at $1,475 with a $1.24 price per square foot . Here is today’s list of the best values for Grand Chain apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lory of Greenway Village | 2 Bedroom | 2 Bath | 2BR,2BA | $1.06 |
| Westcreek Villas | Hadley | 2BR,2BA | $1.24 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Cape Trails | 2Bd. 2Bt. (975sqft) | 2BR,2BA | $0.72 |
| The District at Cape | Girardot | 2BR,2BA | $0.89 |
| Hawks Landing | Two Bedroom | 2BR,2BA | $0.72 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Grand Chain, IL
Frequently Asked Questions about Grand Chain
What type of rentals are currently available in Grand Chain?
There are currently 45 Apartments for Rent in Grand Chain, IL with pricing that ranges from $295 to $3,600. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Chain ranging from $399 to $2,500.
What is the current price range for Rental Homes in Grand Chain?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Chain ranges from $399 to $2,500 with an average monthly rent of $1,410.
How much are larger Three and Four Bedroom Rentals in Grand Chain?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Chain range from $650 to $2,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $399 to $2,500. Four Bedroom Single-Family rentals are also available starting from $975 and Four Bedroom Apartments start at $295.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.