2209 West Krause Avenue, Unit 640-1F
2209 West Krause Avenue
PeoriaIL61605
Cheap Homes for Rent in Lincoln Park Neighborhood of Peoria, IL from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Lincoln Park area of Peoria.
422 S Louisa St
PeoriaIL61605
2807 W Nevada St
PeoriaIL61605
3112 W Latrobe St
PeoriaIL61605
1220 W John H Gwynn Jr Ave
PeoriaIL61605
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1516 S Lydia Ave
PeoriaIL61605
1613 W Kettelle St
PeoriaIL61605
1829 S Stanley St
PeoriaIL61605
1531 S Lydia Ave
PeoriaIL61605
1117 NE Glendale Ave
PeoriaIL61603
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
911 N Sheridan Rd
PeoriaIL61606
1610 S Lydia Ave
PeoriaIL61605
1904 W Proctor St
PeoriaIL61605
1811 W Millman St
PeoriaIL61605
906 S Tonti Cir
PeoriaIL61605
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
1206 W Johnson St
PeoriaIL61605
Showing Results 1-16, Page 1 of 1
Lincoln Park, Peoria, IL Local Guide
How much does it cost to rent a home in Lincoln Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln Park 2 Bedroom Homes for Rent | $957 | $555 | $1,200 |
| Lincoln Park 3 Bedroom Homes for Rent | $1,200 | $800 | $1,650 |
| Lincoln Park 4 Bedroom Homes for Rent | $1,378 | $850 | $2,100 |
| Lincoln Park 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Lincoln Park Neighborhood of Peoria, IL.
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Lincoln Park, Peoria, IL Local Guide
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Cheapest Available Lincoln Park Apartments for Rent
The cheapest available apartment rental in the Lincoln Park area of Peoria, IL is a Studio unit found at 107 NE Roanoke Ave priced from $750. The Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Lincoln Park apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 107 NE Roanoke Ave | Studio | Studio,1BA | $750 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $900 |
| 511 W High St | 1 BR | 1BR,1BA | $950 |
Best Value Apartments for Rent in Lincoln Park, IL
As of May 24, 2026 the best value apartment in the Lincoln Park area is the $0.93 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter in the in the Averyville neighborhood starting from $1,400. The second greatest value Lincoln Park apartment is the One bedroom Model at Adams & Oak starting at $1,500 with a $1.71 price per square foot in the Moss Bradley neighborhood. Here is today’s list of the best values for Lincoln Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 W Columbia Ter | 501 W Columbia Ter | 3BR,1BA | $0.93 |
| Adams & Oak | One bedroom | 1BR,1BA | $1.71 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $1.03 |
| Adams Street Center | 1 Bed 1 Bath | 1BR,1BA | $1.92 |
| 511 W High St | 1 BR | 1BR,1BA | $1.19 |
| Winkler Place | 1BD 1BTH | 1BR,1BA | $1.59 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.29 |
| Civic Center Plaza Apartments | Studio | Studio ,1BA | $1.38 |
| Magnolia Lofts | Studio | Studio ,1BA | $2.00 |
| 107 NE Roanoke Ave | Studio | Studio ,1BA | $1.36 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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Best Local Schools in Lincoln Park, Peoria, IL
School data provided by Great Schools
Frequently Asked Questions about Lincoln Park
What type of rentals are currently available in Lincoln Park?
There are currently 85 Apartments for Rent in Lincoln Park, IL with pricing that ranges from $547 to $2,500. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Park ranging from $555 to $2,100.
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 $555 to $2,100 with an average monthly rent of $1,139.
How much are larger Three and Four Bedroom Rentals in Lincoln Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincoln Park range from $620 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $1,650. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $630.
Expert Rental Resources
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.