Cheap Apartments for Rent near Grant Park, IL from $553 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grant 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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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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21746 Jeffrey
1 to 2 Bedroom Apartments

21746 Jeffrey

21746 S Jeffrey AveSauk Village, IL 60411
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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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1304 E North St
1 to 2 Bedroom Apartments

1304 E North St

1304 E North StBradley, IL 60915
property at 29837 IL-50
$1,100 - $1,400
1 To 2 Bedroom Rentals
Available Now

29837 IL-50

PeotoneIL60468
property at 7300 W 128th Pl
$1,150
2 Bedroom Rentals
Available Now

7300 W 128th Pl

Cedar LakeIN46303
  • Smoke Free

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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Richton Trail
1 to 2 Bedroom Apartments

Richton Trail

4522 Heartland DrRichton Park, IL 60471
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1905 Austin Ave
2 Bedroom Apartments

1905 Austin Ave

1905 Austin AveSchererville, IN 46375
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Central Park
1 to 3 Bedroom Apartments

Central Park

11 Fir StPark Forest, IL 60466

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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Showing Results 1-50, 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 $800. 2045-2151 Meadow Ln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Grant Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,100
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
Linden Park Apartments1 Bed 1 Bath A1BR,1BA$1,160
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1,163
Chelsea Garden1 Bed, 1 bath1BR,1BA$1,200
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1,205
Highbranch Apartments1BR/1.0BA1BR,1BA$1,230
Sherwood Lake Apartments8501BR,1BA$1,245
2100 N Main St2 Bed 1 Bath2BR,1BA$1,250

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

As of September 07, 2026 the best value apartment in the Grant Park area is the $1.04 price per square foot 2 Bed 1 Bath Model at 2100 N Main St in the in the Downtown Crown Point neighborhood starting from $1,250. The second greatest value Grant Park apartment is the 2BR/1.0BA Model at 2601 Morningside Drive starting at $1,350 with a $1.35 price per square foot . 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.
2100 N Main St2 Bed 1 Bath2BR,1BA$1.04
2601 Morningside Drive2BR/1.0BA2BR,1BA$1.35
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Whitcomb Terrace ApartmentsHartford Open2BR,1BA$1.46
Olympic Village ApartmentsThe Maple2BR,1BA$1.60
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Sherwood Lake ApartmentsUPGRADED 1 BEDROOM1BR,1BA$1.62
Hidden CreekFlaxon Partial2BR,1BA$1.60
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.37
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.57

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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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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Real 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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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

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

The lowest price for a Cheap One Bedroom Grant Park Apartment is $1,100 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 Oakwood Townhomes and starts from $1,825.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.