
Cheap Homes for Rent in Speer, IL from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Speer.


611 W Matthews St

2408 W Reservoir Blvd

3118 N Finnell Ave
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.

3912 N New York Ave

3207 W Willow Knolls Dr

212 N Olive St

3524 N Wisconsin Ave
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.
Speer, IL Local Guide

How much does it cost to rent a home in Speer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Speer 2 Bedroom Homes for Rent | $1,192 | $835 | $1,500 |
| Speer 3 Bedroom Homes for Rent | $1,632 | $1,100 | $2,400 |
| Speer 4 Bedroom Homes for Rent | $2,122 | $1,995 | $2,250 |
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Speer, IL Local Guide
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Cheapest Available Speer Apartments for Rent and Nearby
 The cheapest available apartment rental in Speer, IL is a Studio unit found at Willow Knolls Apartments in the Northmoor Knolls neighborhood priced from $700. Hollow Hills in the Windchime neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Speer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Knolls Apartments | Studio | Studio,1BA | $700 |
| Hollow Hills | Studio | Studio,1BA | $700 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $725 |
Best Value Apartments for Rent in Speer, IL and Nearby
As of February 26, 2026 the best value apartment in the Speer area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Speer apartment is the Crown - 2BR / 1BA Model at Versailles Apartments starting at $1,025 with a $1.03 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Speer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Versailles Apartments | Crown - 2BR / 1BA | 2BR,1BA | $1.03 |
| Flats at Dunlap | Two Bedrooms, Two Bathrooms | 2BR,2BA | $1.08 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| Forest Hill Apartments | 1x1 | 1BR,1BA | $1.12 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.12 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Hollow Hills | Studio | Studio ,1BA | $1.08 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.12 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Speer
What type of rentals are currently available in Speer?
There are currently 37 Apartments for Rent in Speer, IL with pricing that ranges from $700 to $1,997. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Speer ranging from $675 to $2,400.
What is the current price range for Rental Homes in Speer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Speer ranges from $675 to $2,400 with an average monthly rent of $1,405.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.