Cheap Homes for Rent in Grant Park, IL from $700 (15 Rentals)

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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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property at 29837 IL-50

29837 IL-50

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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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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 Downtown Park Forest neighborhood priced from $750. Chelsea Garden in the Fairmeadow neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Grant Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$750
Chelsea GardenStudio, 1 bathStudio,1BA$900
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$974
Linden Park ApartmentsStudio AStudio,1BA$990
Carriage Creek Apartments2 bedroom2BR,1BA$1,025

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

As of June 03, 2025 the best value apartment in the Grant Park area is the $1.41 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,900. 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 Indian Hill 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.
Oakwood Townhomes3 Bedroom3BR,1BA$1.41
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 ApartmentsOne Bedroom One Bath1BR,1BA$1.27
Fountain View Apartments1BR / 1BA1BR,1BA$1.67
Olympic Village ApartmentsThe Pine1BR,1BA$1.52
127 W Taylor St, Unit ApartmentD127 W Taylor St2BR,1BA$1.09
Crest ApartmentsStudioStudio ,1BA$1.67

Quick Rent Budget Calculator

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Frequently Asked Questions about Grant Park

What type of rentals are currently available in Grant Park?

There are currently 41 Apartments for Rent in Grant Park, IL with pricing that ranges from $600 to $4,264. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grant Park ranging from $750 to $4,700.

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 $750 to $4,700 with an average monthly rent of $1,898.

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 $1,388 to $3,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,100.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.