
Cheap Homes for Rent near Grant Park, IL from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Grant Park.


3351 Commercial Ave

203 S Elm Ave

7300 W 128th Pl

1097 E Merchant St
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.

2006 W Exchange St

494 S Chicago Ave

530 N Cottage Ave

13 Hemlock St

4 Drake Ln
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.

21538 Gailine Ave
Grant Park, IL Local Guide

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 | $1,334 | $1,100 | $1,599 |
| Grant Park 3 Bedroom Homes for Rent | $2,097 | $1,500 | $3,299 |
| Grant Park 4 Bedroom Homes for Rent | $2,571 | $1,975 | $3,600 |
| Grant Park 5 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Top Homes for Rent in Grant Park
Explore Grant Park
Grant Park, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $800 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1,100 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1,159 |
| Linden Park Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1,160 |
| Whitcomb Terrace Apartments | Desert Classic | 1BR,1BA | $1,180 |
Best Value Apartments for Rent in Grant Park, IL and Nearby
As of September 15, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2100 N Main St | 2 Bed 1 Bath | 2BR,1BA | $1.04 |
| 2601 Morningside Drive | 2BR/1.0BA | 2BR,1BA | $1.35 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Harvest Ridge Apartment Homes | 2X1 | 2BR,1BA | $1.46 |
| Sherwood Lake Apartments | UPGRADED 1 BEDROOM | 1BR,1BA | $1.62 |
| Hidden Creek | Flaxon Partial | 2BR,1BA | $1.60 |
| Harvest Grove Apartment Homes | 1BD-Deluxe | 1BR,1BA | $1.41 |
| Maple Leaf Apartments | Garden | 1BR,1BA | $1.66 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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 $3,599. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grant Park ranging from $1,000 to $3,950.
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 $1,000 to $3,950 with an average monthly rent of $2,085.
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 $3,480, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,299. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $3,599.
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

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.

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.

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.

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.