
Cheap Homes for Rent near Grand Tower, IL from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Tower.


1902 Old W Main St

10748 State Rte D

800 E Grand Ave

199 Iylas Ln
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

674 Abbie Ct

126 Presley Ave

128 Presley Ave

134 Presley Ave

138 Presley Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

136 Presley Ave

500 E Washington St

707 W Main St

136 Court Rd

203 O'Connell Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Grand Tower, IL Local Guide

How much does it cost to rent a home in Grand Tower?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Tower 2 Bedroom Homes for Rent | $1,362 | $800 | $1,950 |
| Grand Tower 3 Bedroom Homes for Rent | $1,465 | $1,250 | $2,100 |
| Grand Tower 4 Bedroom Homes for Rent | $1,928 | $1,450 | $2,800 |
| Grand Tower 5 Bedroom Homes for Rent | $1,700 | $1,600 | $1,800 |
| Grand Tower 6 Bedroom Homes for Rent | $2,000 | $1,800 | $2,200 |
Browse Top Homes for Rent in Grand Tower
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Grand Tower, IL Local Guide
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Cheapest Available Grand Tower Apartments for Rent and Nearby
 The cheapest available apartment rental in Grand Tower, IL is a Studio unit found at Campus Edge priced from $450. The Metropolitan has the second lowest priced unit, which is a Studio apartment currently listed from $495. Here is today’s list of the most affordable Grand Tower apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus Edge | Studio | Studio,1BA | $450 |
| The Metropolitan | Metropolis Efficiency | Studio,1BA | $495 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
Best Value Apartments for Rent in Grand Tower, IL and Nearby
As of August 25, 2026 the best value apartment in the Grand Tower area is the $1.05 price per square foot Black Diamond C2 Model at Storyboard on Black Diamond in the starting from $2,300. The second greatest value Grand Tower apartment is the Four Bedroom (1.5 bath or 4 bath) Model at Alpha Property Management (Alpha Rentals) starting at $1,455 with a $0.91 price per square foot . Here is today’s list of the best values for Grand Tower apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Black Diamond | Black Diamond C2 | 3BR,2.5BA | $1.05 |
| Alpha Property Management (Alpha Rentals) | Four Bedroom (1.5 bath or 4 bath) | 4BR,4BA | $0.91 |
| Cape Trails | 4Bd. 4Bt. (1442sqft) | 4BR,4BA | $0.35 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| The Reserve at Saluki Pointe | 2X2 By the bed | 2BR,2BA | $0.71 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| University Mall and Walnut Street Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.18 |
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!
Explore Grand Tower, IL Rentals by Map
See the most popular apartments and homes in Grand Tower, IL
Frequently Asked Questions about Grand Tower
What type of rentals are currently available in Grand Tower?
There are currently 41 Apartments for Rent in Grand Tower, IL with pricing that ranges from $200 to $2,300. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Tower ranging from $800 to $2,800.
What is the current price range for Rental Homes in Grand Tower?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Tower ranges from $800 to $2,800 with an average monthly rent of $1,522.
How much are larger Three and Four Bedroom Rentals in Grand Tower?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Tower range from $650 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,450 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.