3333 Commercial Ave
Chicago HeightsIL60411
Cheap Homes for Rent in University Park, IL from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in University Park.
3343 Commercial Ave
South Chicago HeightsIL60411
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.
3351 Commercial Ave
South Chicago HeightsIL60411
3554 Western Ave
Park ForestIL60466
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.
5160 Thomas Dr
Richton ParkIL60471
Showing Results 1-5, Page 1 of 1
University Park, IL Local Guide
Sunny Illinois field by shawn xu is licensed under CC BY 2.0
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 | $1,821 | $1,575 | $2,100 |
| University Park 3 Bedroom Homes for Rent | $2,126 | $1,699 | $3,000 |
| University Park 4 Bedroom Homes for Rent | $2,593 | $1,975 | $3,000 |
| University Park 5 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
| University Park 6 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Top Homes for Rent in University Park
Explore University Park
University Park, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Park Apartments for Rent and Nearby
The cheapest available apartment rental in University Park, IL is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $750. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. 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 | $750 |
| St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $811 |
| Chelsea Garden | Studio, 1 bath | Studio,1BA | $900 |
Best Value Apartments for Rent in University Park, IL and Nearby
As of June 25, 2025 the best value apartment in the University Park area is the $1.77 price per square foot 3BD\2BA Model at 6607 181st St in the in the Brookside Glen neighborhood starting from $2,200. The second greatest value University Park apartment is the 1 bedroom Model at Carriage Creek Apartments starting at $1,250 with a $1.26 price per square foot in the Lincoln Station 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 | 3BD\2BA | 3BR,2BA | $1.77 |
| Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
| St James Senior Apartments | Two Bedroom One Bath | 2BR,1BA | $1.25 |
| 7448 Sycamore Ct | One Bed s | 1BR,1BA | $1.55 |
| Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
| Central Park Apartments & Townhomes | 1 Bed 1 Bath B | 1BR,1BA | $1.66 |
| Oakwood Townhomes | 1 Bedroom | 1BR,1BA | $1.93 |
| Olympic Village Apartments | The Pine | 1BR,1BA | $1.52 |
| Crest Apartments | Studio | Studio ,1BA | $1.67 |
| Chelsea Garden | Studio, 1 bath | Studio ,1BA | $2.04 |
Quick 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.
Let everyone know!
Do you know the University Park area?
If you’re an expert on all things University Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 59 Apartments for Rent in University Park, IL with pricing that ranges from $750 to $5,795. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $950 to $3,000.
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 $950 to $3,000 with an average monthly rent of $2,031.
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.