Cheap Apartments for Rent in the Grand Boulevard Neighborhood of Chicago, IL from $700 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Grand Boulevard area of Chicago.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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51st & King
2 Bedroom Apartments

51st & King

5035 S King DrChicago, IL 60615
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Ohio Commons
1 to 3 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
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Hyde Park / Kenwood
Studio Apartments

Hyde Park / Kenwood

4400-4404 S Drexel BlvdChicago, IL 60653
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4915 S Drexel Apartments
Studio to 3 Bedroom Apartments

4915 S Drexel Apartments

4915 S Drexel BlvdChicago, IL 60615
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801-05 E Drexel Square
Studio to 2 Bedroom Apartments

801-05 E Drexel Square

801-805 E Drexel SqChicago, IL 60615
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Drexel Investments, LLC
Studio to 2 Bedroom Apartments

Drexel Investments, LLC

4742-4748 S Drexel BlvdChicago, IL 60615
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4720 S Drexel Blvd
Studio Apartments

4720 S Drexel Blvd

4720 S Drexel BlvdChicago, IL 60615
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Paul G Stewart Center
Studio to 2 Bedroom Apartments

Paul G Stewart Center

400 E 41st StChicago, IL 60653
Senior Living
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Pangea Commons
1 to 3 Bedroom Apartments

Pangea Commons

5019 S Saint Lawrence AveChicago, IL 60615
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Pangea Commons
2 to 5 Bedroom Apartments

Pangea Commons

5051 S Forrestville AveChicago, IL 60615
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

427-439 E Oakwood BlvdChicago, IL 60653
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Drexel Terrace
1 to 2 Bedroom Apartments

Drexel Terrace

5043-5045 S Drexel AveChicago, IL 60615
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824-842 E 53rd St
1 Bedroom Apartments

824-842 E 53rd St

824-842 E 53rd StChicago, IL 60615
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4956 S Michigan
4 Bedroom Apartments

4956 S Michigan

4950-4956 S Michigan AveChicago, IL 60615
Showing Results 1-37, Page 1 of 1

Grand Boulevard, Chicago, IL Local Guide

Cheapest Available Grand Boulevard Apartments for Rent

 

The cheapest available apartment rental in the Grand Boulevard area of Chicago, IL is a Studio unit found at 801-05 E Drexel Square priced from $860. 4901 S Drexel Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here are the most affordable Grand Boulevard apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
801-05 E Drexel SquareStudio ApartmentStudio,1BA$860
4901 S Drexel BlvdStudio ApartmentStudio,1BA$890
4720 S Drexel BlvdStudio ApartmentStudio,1BA$940
4721 S. Ellis Avenueells0bdStudio,1BA$1,055
5049 S. Drexel Boulevard5049-0bAStudio,1BA$1,095
Lake Grove Village1B1BR,1BA$1,100
4455 S. Greenwood Avenue4455-0bAStudio,1BA$1,125
Ellis Courtelli0bCStudio,1BA$1,199
4820 S Michigan Ave1 Bedroom 1 Bath Apartment1BR,1BA$1,270
1363-67 E. 53rd St.Large StudioStudio,1BA$1,290

Best Value Apartments for Rent in Grand Boulevard, IL

As of March 22, 2025 the best value apartment in the Grand Boulevard area is the $1.09 price per square foot 1015 E Hyde Park Blvd Model at 1015 E Hyde Park Blvd, Unit 3 in the in the Hyde Park neighborhood starting from $3,600. The second greatest value Grand Boulevard apartment is the 507 E Oakwood Blvd Model at 507 E Oakwood Blvd, Unit 1 starting at $2,600 with a $1.16 price per square foot in the Douglas neighborhood. Here is today’s list of the best values for Grand Boulevard apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1015 E Hyde Park Blvd, Unit 31015 E Hyde Park Blvd5BR,3BA$1.09
507 E Oakwood Blvd, Unit 1507 E Oakwood Blvd4BR,2BA$1.16
5229 S. Drexel Avenue5229-3bB3BR,2BA$1.64
1118 E Hyde Park Blvd, Unit GS1118 E Hyde Park Blvd4BR,2BA$2.00
4552 S Evans Ave, Unit 14552 S Evans Ave3BR,2BA$1.92
5023 S Indiana Ave, Unit 15023 S Indiana Ave3BR,1BA$2.00
Greenwood 5201gnwd1bc11BR,1BA$1.82
918 E. Hyde Park Boulevard918h1bb1BR,1BA$1.91
4750 S Calumet Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.91
Lake Grove Village1A1BR,1BA$1.78

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Pet Friendly Lifestyle
Grand Boulevard, Chicago, IL

Ranked #94

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Grand Boulevard Apartments

What is the Cheapest Studio apartment in Grand Boulevard?

Currently the most affordable Cheap Studio Apartment in Grand Boulevard is at 801-05 E Drexel Square listed at $860.

How much is rent for a Cheap One Bedroom Grand Boulevard Apartment?

The lowest price for a Cheap One Bedroom Grand Boulevard Apartment is $1,100 at Lake Grove Village.

What is the lowest price for a Cheap Two Bedroom Grand Boulevard Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grand Boulevard is starting from $1,300 at Lake Grove Village.

What is the most affordable Grand Boulevard Three Bedroom Apartment?

The best deal on a cheap Grand Boulevard Three Bedroom Apartment rental is at 5300-5308 S. Greenwood Avenue and starts from $2,120.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.