Cheap Apartments for Rent in Grant Park, IL from $500 (33 Rentals)

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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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1304 E North St
1 to 2 Bedroom Apartments

1304 E North St

1304 E North StBradley, IL 60915
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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
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Central Park
1 to 3 Bedroom Apartments

Central Park

11 Fir StPark Forest, IL 60466

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-33, Page 1 of 1

Grant Park, IL Local Guide

Cheapest Available Grant Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grant Park, IL is a Studio unit found at Linden Park Apartments in the Downtown Park Forest neighborhood priced from $1,020. 2045-2151 Meadow Ln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Grant Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linden Park ApartmentsStudio AStudio,1BA$1,020
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,075
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Hidden CreekDanube Partial1BR,1BA$1,149
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
Chelsea Garden1 Bed, 1 bath1BR,1BA$1,200
Olympic Village ApartmentsThe Pine1BR,1BA$1,201
Sherwood Lake Apartments8501BR,1BA$1,215
Carriage Creek Apartments1 Bed 1 Bath Mid-Rise B (Heat Included)1BR,1BA$1,230
Central Park1 Bedroom 1 Bath1BR,1BA$1,239

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

As of March 09, 2026 the best value apartment in the Grant Park area is the $1.31 price per square foot 2BR / 1BA Model at Fountain View Apartments in the in the Downtown Crown Point neighborhood starting from $1,350. The second greatest value Grant Park apartment is the Mid-rise Model at Maple Leaf Apartments starting at $1,500 with a $1.59 price per square foot in the University Park neighborhood. Here is today’s list of the best values for Grant Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain View Apartments2BR / 1BA2BR,1BA$1.31
Maple Leaf ApartmentsMid-rise2BR,1.5BA$1.59
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
21746 Jeffrey Avenue Sauk Village, IL 604112 Bedroom 1 Bath Apartment2BR,1BA$1.52
Dynasty House Apartments2 Bedroom UNIV2BR,1BA$1.63
1905 Austin Ave2 Bed 1 Bath2BR,1BA$1.46
2100 N Main St1 Bed 1 Bath1BR,1BA$1.32
Sherwood Lake ApartmentsUPGRADED 1 BEDROOM1BR,1BA$1.59
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.54

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.

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The 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.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Grant Park, IL Rentals by Map

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See the most popular apartments and homes in Grant Park, IL

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Frequently Asked Questions about Cheap Grant Park Apartments

What is the Cheapest Studio apartment in Grant Park?

Currently the most affordable Cheap Studio Apartment in Grant Park is at Linden Park Apartments listed at $1,020.

How much is rent for a Cheap One Bedroom Grant Park Apartment?

The lowest price for a Cheap One Bedroom Grant Park Apartment is $1,075 at 2045-2151 Meadow Ln.

What is the lowest price for a Cheap Two Bedroom Grant Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grant Park is starting from $1,159 at ST JAMES SENIOR APARTMENTS.

What is the most affordable Grant Park Three Bedroom Apartment?

The best deal on a cheap Grant Park Three Bedroom Apartment rental is at Linden Park Apartments and starts from $1,730.

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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.