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Grant Park Apartments for Rent

Grant Park

About Grant Park

Anyone lucky enough to call Chicago home, knows that Grant Park is our crown jewel. It is often called Chicago’s “front yard”, and if you’ve chosen to rent an apartment near here, it’ll be your front yard. Grant Park covers 319 acres of the Chicago Loop community area and is home to Millennium Park, Buckingham Fountain, and miles of beautiful shoreline. Grant Park borders Lake Michigan on its east and is situated in the center of the city, fully surrounded by the Loop and the Near South Side. It’s very easy to get to Grant Park, with access to all of the Loop’s trains just a short walk away.

History

Chicago’s Grant Park was just railroad tracks, squatters’ homes, and landfill until Montgomery Ward sued the city in 1890 and demanded they clean it up. The Art Institute building was constructed in 1892 and the park acquired its name soon after. A formal park structure was commissioned based upon French landscaping principles and the railroads were rerouted below street level. In 1998 the Adler Planetarium, Field Museum and Shedd Aquarium were linked together as the Museum Campus then in 2004 Millennium Park was added.

Did You Know?

The Lollapalooza Festival that takes place every summer in Grant Park attracts over 300,000 people over the course of three days.

Atmosphere

Grant Park is art. It is filled with outdoor art and monuments and surrounded by museums. Visitors and residents of Chicago alike cannot resist the park’s charm, on any nice day you’ll find it is quite crowded, especially near the Cloud Gate “Bean”. With a little effort, one can find a quiet spot in one of the gardens to have a picnic or read a book. Careful not to wander into a wedding though, Grant Park is a very popular place to take wedding photos.

Apartment Snapshot

Although you can’t live in the actual park, luxury high-rises lining Michigan Ave and Roosevelt Rd will give you a great view. Expect to pay a premium to have such a big yard: one-bedroom apartments rent for $2,000 at the low end. People generally seek to own their homes here instead of renting apartments.

While You're Here

The Petrillo Music Shell at the north end of the park hosts the annual Chicago Jazz and Chicago Blues Festivals. In addition to being an amazing venue, they’re both free. Agora by Magdalena Abakanowicz is a thought provoking installation featuring over 100 headless figures each 9 ft tall and made of iron. Try to make it to the park on a weekday to have a more intimate experience, time it right and you might catch one of the Buckingham Fountain’s nightly light & music shows.

For those interested, Grant Park currently has 80 residential listings advertised on the market for rent. From data that we've compiled, listings range from $1,387 in the lower quartile to $3,666 in the upper quartile. Generally speaking, the median rental price is $2,100 or $0 / ft². For those interested in renting a listing in this search area, there are currently 16 studio, 29 one-bedroom, 21 two-bedroom, 14 three-bedroom, and 0 four+ bedroom properties available for rent.
For your convenience, we've included a more detailed breakdown of rental pricing by median bedroom sizes here:
Bedrooms Rent Rent / ft²
Studio $1,151 $0
1 BR $1,800 $0
2 BR $3,125 $0
3 BR $4,660 $0

We make sure to refresh our rental listings every hour in order to provide you with the newest and most up-to-date inventory available on the market.

Grant Park is located within 60605. This area currently has 26,623 residents in 13,320 households. Out of the total population, 30.47% of the residents speak another language at home instead of English. The majority of the inhabitants in this zipcode are currently unmarried and have a median age of 32.8.

When looking at residents older than 25, 4.84% have graduated from high school, 35.85% have a bachelor's degree, and 42.60% have obtained their master's degree or above. Employment rate is typically around 73.3% and the median income in this zipcode is $99,725.

At least 51.43% of those living in this zipcode rents their homes. Most residents will commute to work by car with an average commute time of 28.6 minutes.

Geographically, 60605 is a part of Cook County, Illinois. This county is currently home to 5,227,575 residents, or 1,951,606 households with a median income of $56,902. Cook County, Illinois residents have a median age of 36.1 and 43.37% are currently renting their homes in the area.

Finally, Cook County, Illinois is a part of the greater Chicago, IL - IN Urban Area. For those unfamiliar with the area, The Chicago, IL - IN Urban Area is currently home to a population 8,672,319 across 3,153,810 households. Those living in this urban area have a median income of $63,064 and median age of 36.6. In general, at least 36.73% of the residents are currently renting their homes in this area.

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