
Cheap Homes for Rent in University Park, IL from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in University Park.


3353 Commercial Ave

3351 Commercial Ave

3228 Commercial Ave

75 W 15th St

163 22nd St

29837 IL-50

1700 Euclid Ave
University Park, IL Local Guide

How much does it cost to rent a home in University Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Park 2 Bedroom Homes for Rent | $1,523 | $1,200 | $1,790 |
University Park 3 Bedroom Homes for Rent | $2,003 | $1,200 | $2,880 |
University Park 4 Bedroom Homes for Rent | $2,390 | $1,650 | $2,700 |
University Park 5 Bedroom Homes for Rent | $2,887 | $2,300 | $3,475 |
Browse Top Homes for Rent in University Park
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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 |
Best Value Apartments for Rent in University Park, IL and Nearby
As of April 16, 2025 the best value apartment in the University Park area is the $1.48 price per square foot Magnolia Model at Arbors at Hickory Creek in the in the Lincoln Station neighborhood starting from $1,467. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Arbors at Hickory Creek | Magnolia | 2BR,1BA | $1.48 |
Carriage Creek Apartments | 1 bedroom | 2BR,1BA | $1.26 |
7448 Sycamore Ct | One Bed s | 1BR,1BA | $1.55 |
Manchester Court Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
Maple Leaf Apartments | Garden Upgraded | 1BR,1BA | $1.70 |
Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.62 |
Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $1.27 |
Oakwood Townhomes | 1 Bedroom | 1BR,1BA | $1.74 |
Crest Apartments | Studio | Studio ,1BA | $1.67 |
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Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 59 Apartments for Rent in University Park, IL with pricing that ranges from $750 to $6,325. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $900 to $3,475.
What is the current price range for Rental Homes in University Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park ranges from $900 to $3,475 with an average monthly rent of $1,881.
How much are larger Three and Four Bedroom Rentals in University Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Park range from $1,388 to $6,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,880. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $3,705.
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.

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.

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.

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.

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.