
Cheap Homes for Rent in Grand Chain, IL from $300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Chain.


712 Warren St

709 S Poplar St

317 E Mill St

112 S 5th St
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.

903 Ranney Ave

1129 KY-849

711 S Poplar St

500 S Washington St

213 Nellie 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.

9487 Noble Ln

2301 S Illinois Ave

416 1st St E

165 N Messmer St

918 Linden St
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.
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 | $1,113 | $850 | $1,850 |
| Grand Chain 3 Bedroom Homes for Rent | $1,457 | $399 | $2,100 |
| Grand Chain 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
| Grand Chain 5 Bedroom Homes for Rent | $2,050 | $1,650 | $2,650 |
Browse Top Homes for Rent in Grand Chain
Explore Grand Chain
Grand Chain, IL Local Guide
- Nearby Cities
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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 $440. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $460. 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 | $440 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $595 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
Best Value Apartments for Rent in Grand Chain, IL and Nearby
As of April 30, 2026 the best value apartment in the Grand Chain area is the $0.80 price per square foot 5 Bed House Model at Wedgewood Hills in the starting from $2,000. The second greatest value Grand Chain apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 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. |
|---|---|---|---|
| Wedgewood Hills | 5 Bed House | 5BR,3BA | $0.80 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| The District at Cape | Magill | 2BR,1.5BA | $0.75 |
| Cape Trails | 2Bd. 2Bt. (975sqft) | 2BR,2BA | $0.72 |
| 921 E Grand Ave | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.05 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $1.05 |
| Storyboard at SIU | 2 x 1 Premium - Fall 2026- 12 Months | 2BR,1BA | $1.13 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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.
Read ArticleDon'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 ArticleCash 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.
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!
Explore Grand Chain, IL Rentals by Map
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 42 Apartments for Rent in Grand Chain, IL with pricing that ranges from $295 to $3,600. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Chain ranging from $399 to $2,650.
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 $2,650 with an average monthly rent of $1,399.
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 $750 to $2,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $399 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,600 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

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.

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.

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.

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.