Cheap Apartments for Rent in Spring Bay, IL from $600 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Spring Bay.

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.

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.

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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614

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.

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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included

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.

Spring Bay, IL Local Guide

Cheapest Available Spring Bay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spring Bay, IL is a 1 Bed unit found at Knoxville Manor Apartments in the Northmoor Knolls neighborhood priced from $675. Willow Knolls Apartments in the Northmoor Knolls 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 Spring Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Willow Knolls ApartmentsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
The Village on UniversityKing at Village NorthStudio,1BA$725
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Hollybrook Apartments1 bedroom1BR,1BA$775
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$775
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$795
Willow Way1 bed 1 bath Unit 1 bldg 21BR,1BA$800
Nordic Villa ApartmentsLoft1BR,1BA$825

Best Value Apartments for Rent in Spring Bay, IL and Nearby

As of October 22, 2025 the best value apartment in the Spring Bay area is the $0.66 price per square foot 3 Bed 1 Bath Model at 1512 E Gardner Ln in the in the Northmoor Knolls neighborhood starting from $795. The second greatest value Spring Bay apartment is the 2Bed2Bath Model at Brighton Woods starting at $1,050 with a $0.95 price per square foot in the Oakbrook neighborhood. Here is today’s list of the best values for Spring Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
Brighton Woods2Bed2Bath2BR,2BA$0.95
Covington Place2 BR/1.5BA - 2nd/3rd floor2BR,1.5BA$0.97
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.06
504 S Sweetbriar DrModel2BR,1BA$1.11
Versailles ApartmentsJewel - 1BR / 1BA1BR,1BA$1.10
Hollybrook Apartments1 bedroom1BR,1BA$0.99
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.11
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.12

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Spring Bay, IL

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Spring Bay Apartments

What is the Cheapest Studio apartment in Spring Bay?

Currently the most affordable Cheap Studio Apartment in Spring Bay is at Willow Knolls Apartments listed at $700.

How much is rent for a Cheap One Bedroom Spring Bay Apartment?

The lowest price for a Cheap One Bedroom Spring Bay Apartment is $675 at Knoxville Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Spring Bay Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Spring Bay is starting from $875 at Crestwood Apartments.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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! 

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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.

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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.