
Cheap Homes for Rent in the University Park Neighborhood of Monee, IL from $1,648 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the University Park area of Monee.


17 Meadowlark Ln

490 Shabbona Dr
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.

213 Tampa St

471 Tomahawk St

188 Nanti St
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.
University Park, Monee, IL Local Guide

How much does it cost to rent a home in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park 2 Bedroom Homes for Rent | $1,648 | $1,648 | $1,648 |
| University Park 3 Bedroom Homes for Rent | $2,334 | $1,699 | $3,500 |
| University Park 4 Bedroom Homes for Rent | $3,363 | $2,200 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the University Park Neighborhood of Monee, IL.
Explore Monee
University Park, Monee, IL Local Guide
- Nearby Monee neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Park Apartments for Rent
 The cheapest available apartment rental in the University Park area of Monee, IL is a Studio unit found at Crest Apartments priced from $800. ST JAMES SENIOR APARTMENTS has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,159. Here are the most affordable University Park apartments for rent in Monee, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $800 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1,159 |
| Dynasty House Apartments | 1 Bedroom UNIV | 1BR,1BA | $1,305 |
Best Value Apartments for Rent in University Park, IL
As of August 29, 2026 the best value apartment in the University Park area is the $1.84 price per square foot Willow Model at Arbors at Hickory Creek in the in the Lincoln Station neighborhood starting from $2,149. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbors at Hickory Creek | Willow | 3BR,2BA | $1.84 |
| 818 Sandra Dr, Unit 818 Sandra Dr | 818 Sandra Dr | 2BR,1.5BA | $1.45 |
| Dynasty House Apartments | 3 Bedroom UNIV | 3BR,2BA | $1.86 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Maple Leaf Apartments | Garden | 1BR,1BA | $1.66 |
| Linden Park Apartments | 1 Bed 1 Bath Renovated A | 1BR,1BA | $2.15 |
| Crest Apartments | Studio | Studio ,1BA | $1.78 |
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 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.
Best Local Schools in University Park, Monee, IL
School data provided by Great Schools
Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 25 Apartments for Rent in University Park, IL with pricing that ranges from $553 to $1,905. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $1,648 to $4,500.
What is the current price range for Rental Homes in University Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park ranges from $1,648 to $4,500 with an average monthly rent of $2,534.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.