Cheap Apartments for Rent in the Grant Park Neighborhood of Chicago, IL from $1,100 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Grant Park 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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ELEVEN THIRTY
Studio to 2 Bedroom Apartments

ELEVEN THIRTY

1130 S Michigan AveChicago, IL 60605
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2036 S Michigan Avenue
2 to 3 Bedroom Apartments

2036 S Michigan Avenue

2036 S Michigan AveChicago, IL 60616
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Grant Park, Chicago, IL Local Guide

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 Pittsfield Apartments priced from $1,550. 2101 Michigan has the second lowest priced unit, which is a Studio apartment currently listed from $1,634. Here are the most affordable Grant Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Pittsfield ApartmentsStudio - Style GStudio,1BA$1,550
2101 MichiganStudioStudio,1BA$1,634
ELEVEN THIRTYTier 6/12 (Studio)Studio,1BA$1,715
Park Michigan - 1212 S Michigan AveStudio 1ba 05Studio,1BA$1,749
30 East RooseveltER_1x11BR,1BA$1,850

Best Value Apartments for Rent in Grant Park, IL

As of March 12, 2025 the best value apartment in the Grant Park area is the $2.96 price per square foot 1100 S Michigan Ave Model at 1100 S Michigan Ave, Unit 3004 in the in the Near South Side neighborhood starting from $3,409. The second greatest value Grant Park apartment is the B3 Model at Sentral Michigan Avenue starting at $3,900 with a $3.45 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1100 S Michigan Ave, Unit 30041100 S Michigan Ave2BR,2BA$2.96
Sentral Michigan AvenueB32BR,2BA$3.45
1234 S Michigan Ave, Unit 13101234 S Michigan Ave1BR,1BA$1.85
1464 S Michigan Ave1464 S Michigan Ave2BR,2BA$2.50
1419 S Wabash Ave, Unit 21419 S Wabash Ave2BR,2BA$2.82
1464 S Michigan Ave1464 S Michigan Ave2BR,2BA$2.85
Arrive South LoopOgden2BR,2BA$2.96
1150 S Michigan Ave, Unit 11150 S Michigan Ave1BR,1BA$3.30
30 East RooseveltER_1x11BR,1BA$3.21
Park Michigan - 1212 S Michigan AveStudio 1ba 04Studio ,1BA$3.40

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Pet Friendly Lifestyle
Grant Park, Chicago, IL

Ranked #35

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 the Cheapest Studio apartment in Grant Park?

Currently the most affordable Cheap Studio Apartment in Grant Park is at Pittsfield Apartments listed at $1,495.

How much is rent for a Cheap One Bedroom Grant Park Apartment?

The lowest price for a Cheap One Bedroom Grant Park Apartment is $1,850 at 30 East Roosevelt.

What is the lowest price for a Cheap Two Bedroom Grant Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grant Park is starting from $2,100 at 30 East Roosevelt.

What is the most affordable Grant Park Three Bedroom Apartment?

The best deal on a cheap Grant Park Three Bedroom Apartment rental is at 1400 Wabash and starts from $4,700.

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

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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

Written by: Trey Huguley

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.