Cheap Homes for Rent in Lincoln Park Neighborhood of Peoria, IL from $400 (8 Rentals)

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

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. Stonecrest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Lincoln Park apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
Stonecrest1 Bedroom1BR,1BA$725
Civic Center Plaza ApartmentsStudioStudio,1BA$803

Best Value Apartments for Rent in Lincoln Park, IL

As of September 20, 2025 the best value apartment in the Lincoln Park area is the $0.90 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter, Unit Unit 3 in the in the Averyville neighborhood starting from $1,350. The second greatest value Lincoln Park apartment is the 315 Main St Model at 315 Main St, Unit Loft B starting at $1,700 with a $1.42 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.
501 W Columbia Ter, Unit Unit 3501 W Columbia Ter3BR,1BA$0.90
315 Main St, Unit Loft B315 Main St2BR,1BA$1.42
511 W High St1 BR1BR,1BA$0.81
1507 W Callender Ave, Unit 1507 Callender Unit B1507 W Callender Ave3BR,1BA$1.05
407 N Glenwood Ave, Unit 407 Glenwood Upper Unit407 N Glenwood Ave3BR,1BA$1.18
245 NE Randolph Ave, Unit B245 NE Randolph Ave1BR,1BA$1.27
Winkler Place1BD 1BTH1BR,1BA$1.59
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Stonecrest1 Bedroom1BR,1BA$1.21
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34

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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

3.5
Pet Friendly

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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 $575 to $2,510. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Park ranging from $495 to $2,125.

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 $495 to $2,125 with an average monthly rent of $1,150.

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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.