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from $910Studio to 2 Bedroom Apartments Available Now
4901 S Drexel Blvd
4901 S Drexel BlvdChicago, IL 60615
Cheap Apartments for Rent in the Grand Boulevard Neighborhood of Chicago, IL from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand Boulevard area of Chicago.
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from $1,030Studio to 3 Bedroom Apartments Available Now
4721 S. Ellis Avenue
4721-4729 S Ellis AveChicago, IL 60615
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from $1,1001 to 3 Bedroom Apartments Available Now
Lake Grove Village
3555 S Cottage Grove AveChicago, IL 60653
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from $1,175Studio to 2 Bedroom Apartments Available Now
Drexel Grand
5220 S Drexel AveChicago, IL 60615
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from $1,310Studio to 2 Bedroom Apartments Available Now
The Sutherland
4659 S Drexel BlvdChicago, IL 60653
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Rent Specials
from $1,315Studio to 4 Bedroom Apartments Available Now
Hyde Park West
5325 S Cottage Grove AveChicago, IL 60615
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from $1,3502 Bedroom Apartment Available Now
4421 S Prairie Ave, Unit G
4421 S Prairie AveChicago, IL 60653
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from $1,4002 Bedroom Apartment Available Now
4841 S St Lawrence Ave, Unit 3
4841 S St Lawrence AveChicago, IL 60615
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.
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from $1,5003 Bedroom Apartment Available Now
4529 S Vincennes Ave, Unit 4529 S Vincennes Ave #3
4529 S Vincennes AveChicago, IL 60653
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Studio to 2 Bedroom Apartments
4455 S. Greenwood Avenue
4451-59-4459 S Greenwood AveChicago, IL 60653
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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
Showing Results 1-36, Page 1 of 1
Grand Boulevard, Chicago, IL Local Guide
How much does it cost to rent an apartment in Grand Boulevard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Boulevard Studio Apartments | $1,183 | $910 | $5,240 |
| Grand Boulevard 1 Bedroom Apartments | $2,066 | $1,100 | $5,400 |
| Grand Boulevard 2 Bedroom Apartments | $2,607 | $1,300 | $6,450 |
| Grand Boulevard 3 Bedroom Apartments | $3,115 | $1,485 | $8,180 |
| Grand Boulevard 4 Bedroom Apartments | $4,128 | $2,250 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 1 mile radius of the Grand Boulevard Neighborhood of Chicago, IL.
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Grand Boulevard, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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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 4901 S Drexel Blvd priced from $910. 4721 S. Ellis Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable Grand Boulevard apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4901 S Drexel Blvd | Studio Apartment | Studio,1BA | $910 |
| 4721 S. Ellis Avenue | ells0bd | Studio,1BA | $1,030 |
| 5049 S. Drexel Boulevard | 5049-0bA | Studio,1BA | $1,075 |
| Lake Grove Village | 1B | 1BR,1BA | $1,100 |
| 4720 S Drexel Blvd | Studio Apartment | Studio,1BA | $1,130 |
| Drexel Grand | drxg0bd | Studio,1BA | $1,175 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio,1BA | $1,195 |
| 1363-67 E. 53rd St. | Large Studio | Studio,1BA | $1,250 |
| The Sutherland | suthm-0bA | Studio,1BA | $1,310 |
| Hyde Park West | Studio 450 | Studio,1BA | $1,315 |
Best Value Apartments for Rent in Grand Boulevard, IL
As of May 14, 2025 the best value apartment in the Grand Boulevard area is the $1.79 price per square foot 5118-4bA Model at 5118 S. Greenwood in the in the Hyde Park neighborhood starting from $3,395. The second greatest value Grand Boulevard apartment is the 5229-3bB Model at 5229 S. Drexel Avenue starting at $2,499 with a $1.55 price per square foot in the Hyde Park neighborhood. Here is today’s list of the best values for Grand Boulevard apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5118 S. Greenwood | 5118-4bA | 4BR,3BA | $1.79 |
| 5229 S. Drexel Avenue | 5229-3bB | 3BR,2BA | $1.55 |
| 4529 S Vincennes Ave, Unit 4529 S Vincennes Ave #3 | 4529 S Vincennes Ave | 3BR,2BA | $1.00 |
| 4552 S Evans Ave, Unit 1 | 4552 S Evans Ave | 3BR,2BA | $1.92 |
| Greenwood 5201 | gnwd3bd | 3BR,1BA | $1.78 |
| 4421 S Prairie Ave, Unit G | 4421 S Prairie Ave | 2BR,1BA | $1.35 |
| 4841 S St Lawrence Ave, Unit 3 | 4841 S St Lawrence Ave | 2BR,1BA | $1.40 |
| 5222-38 S. Drexel Avenue | 5222-2b1 | 2BR,1BA | $1.97 |
| 4853-59 S Prairie | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.03 |
| Lake Grove Village | 1A | 1BR,1BA | $1.78 |
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.
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Pet Friendly LifestyleGrand Boulevard, Chicago, IL
Ranked #116
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Grand Boulevard Apartments
What is a cheap apartment in Grand Boulevard?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grand Boulevard is under $1,315.
What is the price of a cheap apartment in Grand Boulevard?
The cheapest apartment in Grand Boulevard is Lake Grove Village which is listed at $1,100, while the average apartment in Grand Boulevard costs $3,200.
What types of apartments are the cheapest in Grand Boulevard?
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 14 regular apartments in Grand Boulevard 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 Grand Boulevard?
Cheap apartments in Grand Boulevard have an average cost of $418 which is $2,782 cheaper than the average rent for all rentals in Grand Boulevard.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.