Cheap Apartments for Rent in University Park, IL from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in University Park.

Chelsea Garden

St James Senior Apartments

Thornwood Apartments
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.

Carriage Creek Apartments

Manchester Court Apartments

Richton Trail

Central Park Apartments & Townhomes
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.
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.

3353 Commercial Ave

3333 Commercial Ave

3343 Commercial Ave

3554 Western Ave
University Park, IL Local Guide

How much does it cost to rent an apartment in University Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap University Park Studio Apartments | $850 | $800 | $900 |
Cheap University Park 1 Bedroom Apartments | $1,397 | $875 | $3,275 |
Cheap University Park 2 Bedroom Apartments | $2,002 | $1,025 | $5,336 |
Cheap University Park 3 Bedroom Apartments | $2,492 | $1,388 | $7,259 |
Browse Top Apartments in University Park
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University Park, IL Local Guide
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Cheapest Available University Park Apartments for Rent
 The cheapest available apartment rental in University Park, IL is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. Chelsea Garden in the West Lakes 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 University Park apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Crest Apartments | Studio | Studio,1BA | $800 |
Chelsea Garden | Studio, 1 bath | Studio,1BA | $900 |
St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $974 |
Carriage Creek Apartments | 2 bedroom | 2BR,1BA | $1,025 |
Manchester Court Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,105 |
Best Value Apartments for Rent in University Park, IL
As of July 15, 2025 the best value apartment in the University Park area is the $1.61 price per square foot 2BD\2BA with Office Model at 6607 181st St in the in the Brookside Glen neighborhood starting from $2,000. The second greatest value University Park apartment is the 3NE Model at 7449 Sycamore Ct starting at $1,350 with a $1.35 price per square foot in the Woodland Heights 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. |
---|---|---|---|
6607 181st St | 2BD\2BA with Office | 2BR,2BA | $1.61 |
7449 Sycamore Ct | 3NE | 2BR,1BA | $1.35 |
Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
7448 Sycamore Ct | One Bed s | 1BR,1BA | $1.55 |
21746 Jeffrey Avenue | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.49 |
Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $1.27 |
Central Park Apartments & Townhomes | 1 Bed 1 Bath B | 1BR,1BA | $1.66 |
Manchester Court Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.70 |
Crest Apartments | Studio | Studio ,1BA | $1.78 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore University Park, IL Rentals by Map
See the most popular apartments and homes in University Park, IL
Getting Around University Park, IL
Walk Score®
11 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap University Park Apartments
How much is rent for a Cheap One Bedroom University Park Apartment?
The lowest price for a Cheap One Bedroom University Park Apartment is $875 at Crest Apartments.
What is the lowest price for a Cheap Two Bedroom University Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Park is starting from $1,025 at Carriage Creek Apartments.
What is the most affordable University Park Three Bedroom Apartment?
The best deal on a cheap University Park Three Bedroom Apartment rental is at Bernice Homes and starts from $1,600.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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.

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.