
Cheap Apartments for Rent near Grand Ridge, IL from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Grand Ridge.


Cedar Crossing Apartments

103 W Railroad St

Pine Meadows Apartments

504 S Sweetbriar Dr

Stone Falls

Pontiac Towers

Larkin Village
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.

Wedgewood Manor Active Senior Living

St James Place

The Onyx on Victoria

Tudor Park Apartments

The Birches Apartments

Winchester Manor

Ravine Woods Apartments

24138 - 24158 W Main 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.

Willow Run of Crest Hill

Westridge Apartments

Fox Hill Senior Living

220 7th St

Williams Street Townhomes

407 E Seminole St

826 N Spalding St

101 E Bannon St
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.

301 Richards St

214 W 1st St

811 Covey Ln

101 Bannon Dr

516 Stilson St

25709 W Bridge St

208 Nebraska St

Sutton Place Apartments
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.

Twin Oaks West Apartments

520 Stilson St
Grand Ridge, IL Local Guide

How much does it cost to rent an apartment in Grand Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Ridge Studio Apartments | $1,575 | $825 | $2,757 |
| Grand Ridge 1 Bedroom Apartments | $1,876 | $795 | $2,862 |
| Grand Ridge 2 Bedroom Apartments | $2,325 | $895 | $3,942 |
| Grand Ridge 3 Bedroom Apartments | $2,782 | $1,150 | $4,652 |
| Grand Ridge 4 Bedroom Apartments | $3,360 | $3,312 | $3,427 |
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Grand Ridge, IL Local Guide
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Cheapest Available Grand Ridge Apartments for Rent and Nearby
 The cheapest available apartment rental in Grand Ridge, IL is a 1 Bed unit found at Phoenix Apartments of Pontiac priced from $795. Stone Falls in the Sunset Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Grand Ridge apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| Pontiac Towers | 1 Bedroom | 1BR,1BA | $990 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1,070 |
| Tudor Park Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,209 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $1,359 |
| Countryside Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,578 |
| Springs At Oswego | Studio Grand Overlook | Studio,1BA | $1,626 |
| 24138 - 24158 W Main St | 24138 W Main St Unit 102 | 2BR,1BA | $1,650 |
| The Reserve at Hudson Crossing | Tyler | 1BR,1BA | $1,690 |
Best Value Apartments for Rent in Grand Ridge, IL and Nearby
As of July 13, 2026 the best value apartment in the Grand Ridge area is the $1.85 price per square foot Capewood Model at Redwood Oswego in the in the Blackberry Crossing West neighborhood starting from $2,999. The second greatest value Grand Ridge apartment is the Douglas BF Model at Home at Ashcroft starting at $3,600 with a $2.24 price per square foot in the Ashcroft Place neighborhood. Here is today’s list of the best values for Grand Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Oswego | Capewood | 2BR,2BA | $1.85 |
| Home at Ashcroft | Douglas BF | 3BR,2BA | $2.24 |
| Bristol Bay of Yorkville | Accera | 2BR,2.5BA | $1.74 |
| Reserve at Fox River | 3BR | 3BR,2BA | $1.78 |
| Avanterra Wolfs Crossing | 1BR Vista Triplex | 1BR,1.5BA | $2.08 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1.78 |
| Pontiac Towers | 1 Bedroom | 1BR,1BA | $1.87 |
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.
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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 Ridge, IL Rentals by Map
See the most popular apartments and homes in Grand Ridge, IL
Frequently Asked Questions about Cheap Grand Ridge Apartments
What is the Cheapest Studio apartment in Grand Ridge?
Currently the most affordable Cheap Studio Apartment in Grand Ridge is at Springs At Oswego listed at $1,626.
How much is rent for a Cheap One Bedroom Grand Ridge Apartment?
The lowest price for a Cheap One Bedroom Grand Ridge Apartment is $795 at Phoenix Apartments of Pontiac.
What is the lowest price for a Cheap Two Bedroom Grand Ridge Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grand Ridge is starting from $895 at Phoenix Apartments of Pontiac.
What is the most affordable Grand Ridge Three Bedroom Apartment?
The best deal on a cheap Grand Ridge Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.