
Cheap Homes for Rent in the Lincoln Park Neighborhood of Peoria, IL from $551 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Lincoln Park area of Peoria.


1521 S Westmoreland Ave

1507 S Livingston St

406 Morton St

1540 W Kettelle St

1615 S Arago St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

800 S Greenlawn Ave

911 W Hurlburt St

1220 W John H Gwynn Jr Ave

1034 S Tonti Cir

1214 W Butler St

3009 W Antoinette St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1117 NE Glendale Ave

1610 S Lydia Ave

2010 West Malone Street

1317 N Ellis St

910 NE Monroe St

226 Johnson St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $817 | $551 | $1,200 |
| Lincoln Park 3 Bedroom Homes for Rent | $1,301 | $662 | $1,660 |
| Lincoln Park 4 Bedroom Homes for Rent | $1,249 | $795 | $1,700 |
| Lincoln Park 5 Bedroom Homes for Rent | $1,803 | $1,750 | $1,875 |
| Lincoln Park 6 Bedroom Homes for Rent | $3,450 | $2,400 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 18 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 2 Beds unit found at Cityscape priced from $711. 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 |
|---|---|---|---|
| Cityscape | 2 Bedroom | 2BR,2BA | $711 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| 600 W High St | 1BR/1.0BA | 1BR,1BA | $800 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| EMR Apartments | 1/1 Standard | 1BR,1BA | $897 |
Best Value Apartments for Rent in Lincoln Park, IL
As of August 24, 2026 the best value apartment in the Lincoln Park area is the $0.95 price per square foot 2 BR Model at 511 W High St in the in the Averyville neighborhood starting from $2,100. The second greatest value Lincoln Park apartment is the 315 Main St Model at 315 Main St, Unit Loft A starting at $1,990 with a $1.33 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 511 W High St | 2 BR | 2BR,3BA | $0.95 |
| 315 Main St, Unit Loft A | 315 Main St | 2BR,2BA | $1.33 |
| 616 N Cooper St, Unit A | 616 N Cooper St | 2BR,1BA | $1.03 |
| 107 NE Roanoke Ave | 3 Bedroom | 3BR,1BA | $1.23 |
| 1405 W Barker Ave, Unit Bedroom 1 | 1405 W Barker Ave | 1BR,1BA | $1.06 |
| Cityscape | 2 Bedroom | 2BR,2BA | $0.70 |
| The Lofts at Waterfront Place | 1BR/1.0BA | 1BR,1BA | $1.48 |
| 600 W High St | 1BR/1.0BA | 1BR,1BA | $1.12 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.29 |
| Civic Center Plaza Apartments | Studio | Studio ,1BA | $1.38 |
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 ArticleReal 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.
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 88 Apartments for Rent in Lincoln Park, IL with pricing that ranges from $547 to $2,500. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Park ranging from $551 to $4,500.
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 $551 to $4,500 with an average monthly rent of $1,227.
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 $662 to $1,660. Four Bedroom Single-Family rentals are also available starting from $795 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.