Cheap Apartments for Rent in the Lincoln Park Neighborhood of Peoria, IL from $500 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lincoln Park area of Peoria.

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Madison Links Apartments
1 to 2 Bedroom Apartments

Madison Links Apartments

2405 Martin Luther King Jr DrPeoria, IL 61604
  • Utilities Included
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Peoria Flats
1 to 3 Bedroom Apartments

Peoria Flats

2317-2331 Martin Luther King Jr DrPeoria, IL 61604
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Hurlburt House
1 Bedroom Apartments

Hurlburt House

818 W Hurlburt StPeoria, IL 61605
Senior Living
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Sandmeyer Flats
Studio to 2 Bedroom Apartments

Sandmeyer Flats

601-607 NW Bryan StPeoria, IL 61603
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Schlarman House
1 Bedroom Apartments

Schlarman House

707 Madison Ave NEPeoria, IL 61603
Senior Living
  • Utilities Included
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Cityscape Apartments
2 to 3 Bedroom Apartments

Cityscape Apartments

601 W Romeo B Garrett AvePeoria, IL 61605
  • Utilities Included
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Twin Towers Place
1 to 3 Bedroom Apartments

Twin Towers Place

123 SW Jefferson AvePeoria, IL 61602
  • Utilities Included
  • Smoke Free
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Murray Place
1 to 3 Bedroom Apartments

Murray Place

100 Walnut StPeoria, IL 61602
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Kickapoo Apartments
1 to 2 Bedroom Apartments

Kickapoo Apartments

730 Main StPeoria, IL 61602
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Lincoln Park, Peoria, IL Local Guide

Cheapest Available Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Park area of Peoria, IL is a 1 Bed unit found at The Avenue Apartments priced from $650. Civic Center Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $803. Here are the most affordable Lincoln Park apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
Civic Center Plaza ApartmentsStudioStudio,1BA$803
EMR Apartments1/1 Standard1BR,1BA$949
Stonecrest2 Bedroom2BR,1BA$1,050
812 LoftsStudioStudio,1BA$1,050
Winkler LoftsStudio/LoftStudio,1BA$1,095
Magnolia LoftsStudioStudio,1BA$1,100
Winkler PlaceStudio Loft1BR,1BA$1,125
Marquette Place1 Bedroom1BR,1BA$1,150
BlutowneS.1aStudio,1BA$1,240

Best Value Apartments for Rent in Lincoln Park, IL

As of November 11, 2025 the best value apartment in the Lincoln Park area is the $1.10 price per square foot F Model at 443 W High St in the in the Averyville neighborhood starting from $1,975. The second greatest value Lincoln Park apartment is the 501 W Columbia Ter Model at 501 W Columbia Ter, Unit Unit 3 starting at $1,350 with a $0.90 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for Lincoln Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
443 W High StF2BR,2BA$1.10
501 W Columbia Ter, Unit Unit 3501 W Columbia Ter3BR,1BA$0.90
Adams & OakOne bedroom1BR,1BA$1.66
Stonecrest2 Bedroom2BR,1BA$1.17
Lofts Partners, LLC1BR/1.0BA1BR,1BA$1.69
Winkler Place1BD 1BTH1BR,1BA$1.59
Marquette Place1 Bedroom1BR,1BA$1.76
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
EMR Apartments1/1 Standard1BR,1BA$1.90

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Pet Friendly Lifestyle
Lincoln Park, Peoria, IL

Ranked #1

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Lincoln Park, Peoria, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap Lincoln Park Apartments

What is the Cheapest Studio apartment in Lincoln Park?

Currently the most affordable Cheap Studio Apartment in Lincoln Park is at Civic Center Plaza Apartments listed at $803.

How much is rent for a Cheap One Bedroom Lincoln Park Apartment?

The lowest price for a Cheap One Bedroom Lincoln Park Apartment is $650 at The Avenue Apartments.

What is the lowest price for a Cheap Two Bedroom Lincoln Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lincoln Park is starting from $750 at The Avenue Apartments.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.