Cheap Apartments for Rent in the University Park Neighborhood of Monee, IL from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Park area of Monee.

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26045 S Oak Rd
2 Bedroom Apartments

26045 S Oak Rd

26045 S Oak RdMonee, IL 60449

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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1205 N Main St
Studio to 1 Bedroom Apartments

1205 N Main St

1205 N Main StCrete, IL 60417

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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128 W 34th St
1 Bedroom Apartments

128 W 34th St

128 W 34th StSteger, IL 60475
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3623 Union Ave
Studio Apartments

3623 Union Ave

3623 Union AveSteger, IL 60475
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451 Cass St
1 Bedroom Apartments

451 Cass St

451 Cass StCrete, IL 60417
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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466

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.

University Park, Monee, IL Local Guide

Cheapest Available University Park Apartments for Rent

 

The cheapest available apartment rental in the University Park area of Monee, IL is a 1 Bed unit found at ST JAMES SENIOR APARTMENTS priced from $553. Linden Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable University Park apartments for rent in Monee, IL:

Apartment ListingModel NameBed/BathPriced From
ST JAMES SENIOR APARTMENTS1 BED 1 BATH1BR,1BA$553
Linden Park ApartmentsStudio AStudio,1BA$1,000
Maple Leaf ApartmentsMid-rise1BR,1BA$1,320
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1,395
Richton Trail2 Beds, 1 bath2BR,1BA$1,475

Best Value Apartments for Rent in University Park, IL

As of February 01, 2026 the best value apartment in the University Park area is the $1.42 price per square foot 10 W 33rd Pl Model at 10 W 33rd Pl, Unit 2W in the in the University Park neighborhood starting from $1,700. The second greatest value University Park apartment is the 818 Sandra Dr Model at 818 Sandra Dr, Unit 818 Sandra Dr starting at $1,600 with a $1.45 price per square foot in the University Park neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
10 W 33rd Pl, Unit 2W10 W 33rd Pl3BR,1BA$1.42
818 Sandra Dr, Unit 818 Sandra Dr818 Sandra Dr2BR,1.5BA$1.45
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Maple Leaf ApartmentsGarden1BR,1BA$1.64
Richton Trail2 Beds, 1 bath2BR,1BA$1.84
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1.74
Linden Park ApartmentsStudio BStudio ,1BA$2.79

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Frequently Asked Questions about Cheap University Park Apartments

What is a cheap apartment in University Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,475.

What is the price of a cheap apartment in University Park?

The cheapest apartment in University Park is ST JAMES SENIOR APARTMENTS which is listed at $553, while the average apartment in University Park costs $1,790.

What types of apartments are the cheapest in University Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in University Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University Park?

Cheap apartments in University Park have an average cost of $180 which is $1,610 cheaper than the average rent for all rentals in University Park.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.