Cheap Apartments for Rent in University Park, IL from $700 (18 Rentals)
Cheap Apartments in University Park.

Chelsea Garden

St James Senior Apartments

Thornwood Apartments

Carriage Creek Apartments
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.

3353 Commercial Ave

3333 Commercial Ave

3343 Commercial Ave

3034 Chicago Rd

3331 Commercial Ave

3351 Commercial Ave

6 Thomas Ct

3228 Commercial Ave
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.
University Park, IL Local Guide

How much does it cost to rent an apartment in University Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Park Studio Apartments | $825 | $750 | $900 |
University Park 1 Bedroom Apartments | $1,561 | $825 | $4,288 |
University Park 2 Bedroom Apartments | $1,791 | $1,025 | $5,041 |
University Park 3 Bedroom Apartments | $2,216 | $1,388 | $6,034 |
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University Park, IL Local Guide
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Cheapest Available University Park Apartments for Rent and Nearby
 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Crest Apartments | Studio | Studio,1BA | $750 |
Chelsea Garden | Studio, 1 bath | Studio,1BA | $900 |
St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $974 |
Carriage Creek Apartments | 2 bedroom | 2BR,1BA | $1,025 |
Manchester Court Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,105 |
Best Value Apartments for Rent in University Park, IL and Nearby
As of May 09, 2025 the best value apartment in the University Park area is the $1.35 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,820. The second greatest value University Park apartment is the 2 Bed 1 Bath Townhouse W/D Model at Central Park Apartments & Townhomes starting at $1,600 with a $1.21 price per square foot in the Indian Hill neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Oakwood Townhomes | 3 Bedroom | 3BR,1BA | $1.35 |
Central Park Apartments & Townhomes | 2 Bed 1 Bath Townhouse W/D | 2BR,1BA | $1.21 |
Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.81 |
7448 Sycamore Ct | One Bed s | 1BR,1BA | $1.55 |
Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $1.27 |
Olympic Village Apartments | The Pine | 1BR,1BA | $1.74 |
Manchester Court Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.70 |
Crest Apartments | Studio | Studio ,1BA | $1.67 |
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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.

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.

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.