Cheap Apartments for Rent in University Park, IL from $700 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in University Park.

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Richton Square Apartments
1 to 2 Bedroom Apartments

Richton Square Apartments

22300 Richton Square RdRichton Park, IL 60471
  • Utilities Included
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Cedar Ridge Apartments
1 to 3 Bedroom Apartments

Cedar Ridge Apartments

950 Cedar Ridge LnRichton Park, IL 60471
Senior Living
  • Utilities Included
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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
property at 6 Thomas Ct

6 Thomas Ct

Richton ParkIL60471
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7449 Sycamore Ct
2 Bedroom Apartments

7449 Sycamore Ct

7449 Sycamore CtOrland Park, IL 60462
  • Utilities Included
  • Smoke Free
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Village Crossing
2 Bedroom Apartments

Village Crossing

14729-14757 Homan AveMidlothian, IL 60445
  • Utilities Included
Showing Results 1-32, Page 1 of 1

University Park, IL Local Guide

Cheapest Available University Park Apartments for Rent

 

The cheapest available apartment rental in University Park, IL is a Studio unit found at Crest Apartments in the Downtown Park Forest neighborhood priced from $750. Chelsea Garden in the Fairmeadow neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable University Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$750
Chelsea GardenStudio, 1 bathStudio,1BA$900
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$974
Carriage Creek Apartments2 bedroom2BR,1BA$1,025
Manchester Court Apartments1 BR/ 1 BA1BR,1BA$1,105
Central Park Apartments & Townhomes1 Bed 1 Bath A1BR,1BA$1,179
Olympic Village ApartmentsThe Spruce1BR,1BA$1,201
Maple Leaf ApartmentsMid-rise1BR,1BA$1,270
Bernice HomesTwo Bedroom home2BR,1BA$1,350
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1,365

Best Value Apartments for Rent in University Park, IL

As of April 26, 2025 the best value apartment in the University Park area is the $1.14 price per square foot 2 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,510. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes2 Bedroom2BR,1BA$1.14
Carriage Creek Apartments1 bedroom2BR,1BA$1.26
Park Towers Apartment HomesTwo Bedroom 2 Bath-910 sqft2BR,2BA$1.71
7448 Sycamore CtOne Bed s1BR,1BA$1.55
Maple Leaf ApartmentsGarden Upgraded1BR,1BA$1.70
Bernice HomesTwo Bedroom home2BR,1BA$1.69
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1.71
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$1.27
Manchester Court Apartments1 BR/ 1 BA1BR,1BA$1.70
Crest ApartmentsStudioStudio ,1BA$1.67

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Explore University Park, IL Rentals by Map

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See the most popular apartments and homes in University Park, IL

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Getting Around University Park, IL

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 University Park Apartments

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

The lowest price for a Cheap One Bedroom University Park Apartment is $825 at Crest Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in University Park is starting from $1,025 at Carriage Creek Apartments.

What is the most affordable University Park Three Bedroom Apartment?

The best deal on a cheap University Park Three Bedroom Apartment rental is at Olympic Village Apartments and starts from $1,545.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.