Cheap Apartments for Rent near Grandwood Park, IL from $1,100 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grandwood Park.

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.

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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.

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Savanna Ridge
$1,823 - $2,033
Total Monthly Price

Total Monthly Price

Base Rent
$1,823 - $2,033
Total Monthly Price
$1,823 - $2,033
1 to 2 Bedroom Apartments Available Sep 7

Savanna Ridge

18400 W IL Route 120Grayslake, IL 60030
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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.

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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.

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Showing Results 1-34, Page 1 of 1

Cheapest Available Grandwood Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grandwood Park, IL is a 1 Bed unit found at Briarwood Apartments in the Pleasant Hill neighborhood priced from $1,175. Kings Court Apartments in the Norshore Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Grandwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Kings Court Apartments1 bd1BR,1BA$1,250
Heritage Green1BR/1BA1BR,1BA$1,250
534 E Washington StOne bed/One bath1BR,1BA$1,325
Woodview Apartments1BR/1BA1BR,1BA$1,400
Royal Oak Condos & Willows of Greys LakeAspen1BR,1BA$1,425
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$1,500
Luna ParkA-11BR,1BA$1,575
The Preserve at Osprey LakeThe Starling IStudio,1BA$1,592
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1,670

Best Value Apartments for Rent in Grandwood Park, IL and Nearby

As of August 22, 2026 the best value apartment in the Grandwood Park area is the $1.76 price per square foot Accera End Model at Deercrest of Antioch in the in the Grant's Grove neighborhood starting from $2,630. The second greatest value Grandwood Park apartment is the 2 Bedroom Premium Model at Grays Pointe Apartments starting at $1,500 with a $1.56 price per square foot in the Wildwood on Gages Lake neighborhood. Here is today’s list of the best values for Grandwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Deercrest of AntiochAccera End2BR,2.5BA$1.76
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$1.56
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.90
Luna ParkB-12BR,1BA$1.97
Kings Court Apartments1 bd1BR,1BA$1.56
Royal Oak Condos & Willows of Greys LakeAspen1BR,1BA$1.90
Heritage Green1BR/1BA1BR,1BA$1.67
534 E Washington StOne bed/One bath1BR,1BA$1.89
Briarwood Apartments1BR/1BA1BR,1BA$1.72
Woodview Apartments1BR/1BA1BR,1BA$2.15

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.