Cheap Homes for Rent in Lincoln Park Neighborhood of Peoria, IL from $600 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Linn St Commons priced from $600. The Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Lincoln Park apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Civic Center Plaza ApartmentsStudioStudio,1BA$803

Best Value Apartments for Rent in Lincoln Park, IL

As of June 05, 2025 the best value apartment in the Lincoln Park area is the $2.09 price per square foot Studio Model at Adams & Oak in the in the Moss Bradley neighborhood starting from $1,650. The second greatest value Lincoln Park apartment is the 1BR/1.0BA Model at Lofts Partners, LLC starting at $1,450 with a $1.94 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.
Adams & OakStudioStudio ,1BA$2.09
Lofts Partners, LLC1BR/1.0BA1BR,1BA$1.94
Winkler Place1BD 1BTH1BR,1BA$1.59
Linn St Commons1BR/1BA1BR,1BA$0.87
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
Persimmon LoftsSTUDIO UNFIRNISHEDStudio ,1BA$2.05
EMR Apartments1 BR Standard Utilities Included1BR,1BA$1.90
812 Lofts1 Bed 1 Bath1BR,1BA$2.25
Marquette PlaceStudioStudio ,1BA$1.98

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lincoln Park

What type of rentals are currently available in Lincoln Park?

There are currently 81 Apartments for Rent in Lincoln Park, IL with pricing that ranges from $575 to $2,400. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Park ranging from $623 to $1,700.

What is the current price range for Rental Homes in Lincoln Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln Park ranges from $623 to $1,700 with an average monthly rent of $826.

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 The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.