3484 Western Ave
Park ForestIL60466
Cheap Homes for Rent in Grant Park, IL from $1,300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Grant Park.
42 Swan Ln
BeecherIL60401
73 Meadowlark Ln
BeecherIL60401
227 Mohawk Dr
BourbonnaisIL60914
325 Onarga St
Park ForestIL60466
8 Drake Ln
BeecherIL60401
3 Swan Ln
BeecherIL60401
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.
140 Flamingo Dr
BeecherIL60401
3135 Chicago Rd
StegerIL60475
45 Swan Ln
BeecherIL60401
17 Meadowlark Ln
BeecherIL60401
43 Partridge Ln
BeecherIL60401
1337 Lincoln Ave
CreteIL60417
5104 Augusta Blvd
MoneeIL60449
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.
Showing Results 1-14, Page 1 of 1
Grant Park, IL Local Guide
Welcome sign by Mark Goebel is licensed under CC BY 2.0
How much does it cost to rent a home in Grant Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grant Park 2 Bedroom Homes for Rent | $1,831 | $1,599 | $2,250 |
| Grant Park 3 Bedroom Homes for Rent | $2,329 | $1,540 | $4,500 |
| Grant Park 4 Bedroom Homes for Rent | $3,083 | $2,450 | $3,600 |
Browse Top Homes for Rent in Grant Park
Explore Grant Park
Grant Park, IL Local Guide
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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. Linden Park Apartments in the Downtown Park Forest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Grant Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $800 |
| Linden Park Apartments | Studio A | Studio,1BA | $1,050 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1,075 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1,125 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1,159 |
Best Value Apartments for Rent in Grant Park, IL and Nearby
As of June 15, 2026 the best value apartment in the Grant Park area is the $1.25 price per square foot 2 BED 1 BATH Model at ST JAMES SENIOR APARTMENTS in the in the University Park neighborhood starting from $1,159. The second greatest value Grant Park apartment is the The Maple Model at Olympic Village Apartments starting at $1,440 with a $1.60 price per square foot in the Indian Hill neighborhood. Here is today’s list of the best values for Grant Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.72 |
| Thornwood Apartments | 2x1 853 | 2BR,1BA | $1.38 |
| Sherwood Lake Apartments | UPGRADED 1 BEDROOM | 1BR,1BA | $1.59 |
| Maple Leaf Apartments | Garden | 1BR,1BA | $1.66 |
| Fountain View Apartments | 1BR / 1BA | 1BR,1BA | $1.67 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| Harvest Grove Apartment Homes | 1BD-Small | 1BR,1BA | $1.66 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,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.
Read Article
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.
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.
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Explore Grant Park, IL Rentals by Map
See the most popular apartments and homes in Grant Park, IL
Frequently Asked Questions about Grant Park
What type of rentals are currently available in Grant Park?
There are currently 48 Apartments for Rent in Grant Park, IL with pricing that ranges from $553 to $3,408. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grant Park ranging from $1,300 to $4,500.
What is the current price range for Rental Homes in Grant Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grant Park ranges from $1,300 to $4,500 with an average monthly rent of $2,135.
How much are larger Three and Four Bedroom Rentals in Grant Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grant Park range from $1,036 to $3,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,540 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $3,308.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.