Cheap Apartments for Rent in Grant Park, IL from $700 (27 Rentals)

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

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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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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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
property at 29837 IL-50

29837 IL-50

PeotoneIL60468
Showing Results 1-27, 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 Crest Apartments in the University Park neighborhood priced from $750. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. Here is today’s list of the most affordable Grant Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$750
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$811
Chelsea GardenStudio, 1 bathStudio,1BA$900
Carriage Creek Apartments2 bedroom2BR,1BA$1,025
Olympic Village ApartmentsThe Spruce1BR,1BA$1,050
Sherwood Lake Apartments8501BR,1BA$1,185
Fountain View Apartments1BR / 1BA1BR,1BA$1,250
Hidden CreekDanube Partial1BR,1BA$1,359
Brickshire ApartmentsThe Salisbury 1 BR 1 BA1BR,1BA$1,416
2100 N Main St2 Bed 1 Bath2BR,1BA$1,425

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

As of June 23, 2025 the best value apartment in the Grant Park area is the $1.71 price per square foot E1 - Carver w/ Flex Space Model at Canvas at Crown Point in the in the Downtown Crown Point neighborhood starting from $3,380. The second greatest value Grant Park apartment is the 2 Bed 1 Bath Townhouse W/D Model at Central Park Apartments & Townhomes starting at $1,600 with a $1.21 price per square foot in the Lincoln Station 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.
Canvas at Crown PointE1 - Carver w/ Flex Space4BR,3BA$1.71
Central Park Apartments & Townhomes2 Bed 1 Bath Townhouse W/D2BR,1BA$1.21
2100 N Main St2 Bed 1 Bath2BR,1BA$1.19
Carriage Creek Apartments1 bedroom2BR,1BA$1.26
Sherwood Lake Apartments9702BR,1BA$1.43
St James Senior ApartmentsTwo Bedroom One Bath2BR,1BA$1.25
Cypress Pointe1 Bedroom, 1 Bath - Deluxe1BR,1BA$1.60
Fountain View Apartments1BR / 1BA1BR,1BA$1.67
Olympic Village ApartmentsThe Pine1BR,1BA$1.52
Crest ApartmentsStudioStudio ,1BA$1.67

Quick Rent Budget Calculator

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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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Getting Around Grant Park, IL

Walk Score®

18 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Grant Park Apartments

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

The lowest price for a Cheap One Bedroom Grant Park Apartment is $811 at St James Senior Apartments.

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 $1,025 at Carriage Creek 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 Olympic Village Apartments and starts from $1,445.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.