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from $1,147Studio to 4 Bedroom Apartments Available Now
1000M
1000 S Michigan AveChicago, IL 60605
Cheap Apartments for Rent in the Grant Park Neighborhood of Chicago, IL from $900 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grant Park area of Chicago.
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from $1,399Studio to 2 Bedroom Apartments Available Now
21st Street Lofts by 3L Living
61 E 21st StChicago, IL 60616
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from $1,550Studio to 3 Bedroom Apartments Available Now
Pittsfield Apartments
55 E Washington StChicago, IL 60602
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from $1,728Studio to 2 Bedroom Apartments Available Now
Park Michigan - 1212 S Michigan Ave
1212 S Michigan AveChicago, IL 60605
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from $1,634Studio to 3 Bedroom Apartments Available Now
2101 Michigan
2101 S Michigan AveChicago, IL 60616
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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from $1,659Studio to 2 Bedroom Apartments Available Now
820 Michigan by 3L Living
820 S Michigan AveChicago, IL 60605
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from $1,700Studio to 2 Bedroom Apartments Available Now
30 East Roosevelt
30 E Roosevelt RdChicago, IL 60605
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from $1,858Studio to 3 Bedroom Apartments Available Now
1407 on Michigan
1407 S Michigan AveChicago, IL 60605
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.
1499 S Michigan Ave
ChicagoIL60605
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from $1,950Studio to 2 Bedroom Apartments Available Now
The Alfred
30 E Adams StChicago, IL 60603
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from $1,9551 to 3 Bedroom Apartments Available Now
Aspire Residences
2111 S Wabash AveChicago, IL 60616
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from $1,952Studio to 2 Bedroom Apartments Available Now
Eleven40
1140 So Wabash AveChicago, IL 60605
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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Showing Results 1-17, Page 1 of 1
Grant Park, Chicago, IL Local Guide
How much does it cost to rent an apartment in Grant Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grant Park Studio Apartments | $2,524 | $1,147 | $6,102 |
| Grant Park 1 Bedroom Apartments | $2,891 | $1,551 | $8,430 |
| Grant Park 2 Bedroom Apartments | $4,617 | $1,895 | $10,000+ |
| Grant Park 3 Bedroom Apartments | $7,979 | $1,930 | $10,000+ |
| Grant Park 4 Bedroom Apartments | $11,561 | $1,725 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Grant Park Neighborhood of Chicago, IL.
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Grant Park, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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Cheapest Available Grant Park Apartments for Rent
The cheapest available apartment rental in the Grant Park area of Chicago, IL is a Studio unit found at 21st Street Lofts by 3L Living priced from $1,422. Pittsfield Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,595. Here are the most affordable Grant Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 21st Street Lofts by 3L Living | Studio - B | Studio,1BA | $1,422 |
| Pittsfield Apartments | Studio - Style B | Studio,1BA | $1,595 |
| 2101 Michigan | Studio | Studio,1BA | $1,634 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 09 | Studio,1BA | $1,728 |
| 30 East Roosevelt | ER_1x1 | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Grant Park, IL
As of April 30, 2025 the best value apartment in the Grant Park area is the $3.10 price per square foot 1150 S Michigan Ave Model at 1150 S Michigan Ave, Unit 2 in the in the South Loop neighborhood starting from $3,563. The second greatest value Grant Park apartment is the T6 Model at 1400 Wabash starting at $3,234 with a $3.07 price per square foot in the Near South Side neighborhood. Here is today’s list of the best values for Grant Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1150 S Michigan Ave, Unit 2 | 1150 S Michigan Ave | 2BR,2BA | $3.10 |
| 1400 Wabash | T6 | 2BR,2BA | $3.07 |
| Eleven40 | B3 | 2BR,2BA | $3.45 |
| Arrive LEX | Aberdeen | 1BR,1BA | $3.35 |
| 820 Michigan by 3L Living | 2 Bedroom West | 2BR,2BA | $3.84 |
| 1315 S Michigan Ave, Unit 1 | 1315 S Michigan Ave | 1BR,1BA | $3.64 |
| 30 East Roosevelt | ER_1x1 | 1BR,1BA | $3.21 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 03 | Studio ,1BA | $3.33 |
| The Alfred | B5 | Studio ,1BA | $3.51 |
| 32 E Adams St, Unit 1C | 32 E Adams St | 1BR,1BA | $3.73 |
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Pet Friendly LifestyleGrant Park, Chicago, IL
Ranked #37
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Grant Park Neighborhood in Chicago, IL
Walk Score®
96 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
98 / 100
Rider’s Paradise
World-class public transportation
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 Grant Park Apartments
What is a cheap apartment in Grant Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grant Park is under $1,955.
What is the price of a cheap apartment in Grant Park?
The cheapest apartment in Grant Park is 30 East Roosevelt which is listed at $1,850, while the average apartment in Grant Park costs $13,147.
What types of apartments are the cheapest in Grant Park?
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 8 regular apartments in Grant Park 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 Grant Park?
Cheap apartments in Grant Park have an average cost of $202 which is $12,945 cheaper than the average rent for all rentals in Grant Park.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.