Sentral Michigan Avenue
808 S Michigan Ave,
Chicago, IL 60605
$1,600 - $11,500 | Studio - 4 Beds
Grant Park
Chicago, IL
Grant Park - Chicago, IL
Area Guide
The Windy City’s most beloved attractions are at your doorstep in Downtown Chicago
Urban
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Walkable
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Lake
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Parks
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Stadium
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Sports
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Public Transportation
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Subway
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Arts
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Dining
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Shopping
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Upscale
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Museums
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College
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Architecture
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Chicago’s reputation as one of America’s most distinctive cities owes a lot to the electric atmosphere and vibrant culture that defines Downtown Chicago. Iconic sites like Grant Park, Soldier Field, the Chicago Theatre, Navy Pier, and the Chicago Riverwalk are the most famous landmarks in Downtown, but that barely scratches the surface of what the neighborhood has to offer: dozens of theaters, live music venues, museums, and galleries fill the area, along with hundreds of shops and restaurants catering to every conceivable taste, plus the campuses of Columbia College Chicago, DePaul University, and the Art Institute of Chicago.
The Loop, Greektown, River North, and the Magnificent Mile are all nearby, easily reached by a short ride on the train. There’s no shortage of swanky apartments and condos in Downtown Chicago, but you can often find great deals on studios as well, allowing you to live in the heart of the action even if you’re on a budget.
Rent Trends
As of May 2025, the average apartment rent in Grant Park is $2,292 for a studio, $2,707 for one bedroom, $4,178 for two bedrooms, and $6,744 for three bedrooms. Apartment rent in Grant Park has decreased by -0.4% in the past year.
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Studio
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509 sq ft
Average Sq Ft
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$2,292/month
Average Rent
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1 BR
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754 sq ft
Average Sq Ft
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$2,707/month
Average Rent
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2 BR
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1,157 sq ft
Average Sq Ft
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$4,178/month
Average Rent
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3 BR
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1,592 sq ft
Average Sq Ft
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$6,744/month
Average Rent
Transportation
96
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
98
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
86
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- John G. Shedd Aquarium
- Field Museum of Natural History
- Burnham Park
- Adler Planetarium
- Northerly Island
Airports
- Chicago Midway International
- Chicago O'Hare International
Top Apartments in Grant Park
Houses for Rent in Grant Park
Property Management Companies
Greystar
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3,246
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623
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620
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548
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.