Rentometer, Inc. | Data as of 10/23/2025
Grandwood Park offers a diverse rental landscape that caters to both young professionals and growing families. Apartment living dominates the market, with a variety of one‑ and two‑bedroom units spread across well‑maintained complexes near major thoroughfares and public transit hubs. Rent levels for one‑bedroom apartments typically sit in the $1500s, while two‑bedroom options trend toward the $1700 range, reflecting the community’s balanced blend of affordability and convenience. Single‑family homes are also available, providing additional space and a suburban feel for those seeking a quieter residential setting.
The village’s strategic location in Illinois makes it an attractive base for commuters heading to Chicago or the surrounding industrial corridors. Residents enjoy easy access to the Illinois Prairie Path, several parks, and shopping destinations such as the nearby Oakbrook Center. Schools in the area consistently rank well, and local amenities—including dining, fitness centers, and cultural events—enhance the quality of life. Whether you’re searching for a vibrant apartment community or a modest house, Grandwood Park’s rental market delivers a range of options that align with modern lifestyle needs while maintaining a welcoming, small‑town atmosphere.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,579 | $1,602 | $1,476 - $1,660 | $1,476 - $1,660 |
| Apartment | 2 Bedroom | $1,714 | $1,720 | $1,612 - $1,806 | $1,706 - $1,806 |
In the current period, the average rent in Grandwood Park was $1,579 for 1 Bedroom, $1,715 for 2 Bedroom, and $2,291 for 3 Bedroom.
Data provided by Rentometer, Inc.