
Cheap Apartments for Rent in Spring Bay, IL from $600 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Spring Bay.


Winkler Village Apartments

Willow Knolls Apartments

Glenbrook Apartments

Timberlane Apartments

Hollybrook Apartments

Nordic Villa Apartments

Crestwood Apartments

602 E Ravine Ave
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.

Carriage Hill Apartments

The Village on University

Glen Willows

Versailles Apartments

Knoxville Manor Apartments

504 S Sweetbriar Dr

Timberbrook Apartments

Forest Hill Apartments

Flats at Dunlap
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.

Hillcrest Apartments

Covington Place

The Grove Apartments

Dunlap Lakeside

Old Orchard

Kellogg Place Apartments

Tiffany Pointe

Woods + Meadow Apartments

1512 E Gardner Ln
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.

The Hillsides

Willow Way

415-421 W Forrest Lawn Ave

526 Fairholm Ave

2408 W Reservoir Blvd

903 W Brons Ave

220 W Nebraska Ave

814 W McClure Ave

3912 N Atlantic Ave
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.

3500 Yorkshire

2239 N Sheridan Rd

3207 W Willow Knolls Dr

2512 N Maryland Ave

Prairie Vista Apartments

2718 North North Street

4111 Blvd

4914 North Best Street

913 W McClure Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

801 E Fairoaks Ave

816 W Virginia Ave
Spring Bay, IL Local Guide

How much does it cost to rent an apartment in Spring Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Bay Studio Apartments | $869 | $700 | $1,102 |
| Spring Bay 1 Bedroom Apartments | $1,097 | $725 | $1,900 |
| Spring Bay 2 Bedroom Apartments | $1,330 | $850 | $2,675 |
| Spring Bay 3 Bedroom Apartments | $1,807 | $1,575 | $2,252 |
Browse Top Apartments in Spring Bay
See all Apartments in Spring BayExplore Spring Bay
Spring Bay, IL Local Guide
- Nearby Cities
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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 Winkler Village Apartments priced from $725. Willow Knolls Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Spring Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Willow Knolls Apartments | Studio | Studio,1BA | $750 |
| Glenbrook Apartments | 1 Bedroom Ground Level | 1BR,1BA | $805 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $825 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| Carriage Hill Apartments | 1 Beds, 1 Baths | 1BR,1BA | $850 |
| The Village on University | Collins at Village South | 1BR,1BA | $895 |
| Knoxville Manor Apartments | Level 2 | 1BR,1BA | $900 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $900 |
Best Value Apartments for Rent in Spring Bay, IL and Nearby
As of April 24, 2026 the best value apartment in the Spring Bay area is the $1.06 price per square foot Crown - 2BR / 1BA Model at Versailles Apartments in the in the Northmoor Knolls neighborhood starting from $1,055. The second greatest value Spring Bay apartment is the 2 Beds, 1 Baths Model at Carriage Hill Apartments starting at $950 with a $0.95 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for Spring Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Versailles Apartments | Crown - 2BR / 1BA | 2BR,1BA | $1.06 |
| Carriage Hill Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Forest Hill Apartments | 1x1 | 1BR,1BA | $1.12 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spring Bay, IL Rentals by Map
See the most popular apartments and homes in Spring Bay, IL
Frequently Asked Questions about Cheap Spring Bay Apartments
How much is rent for a Cheap One Bedroom Spring Bay Apartment?
The lowest price for a Cheap One Bedroom Spring Bay Apartment is $725 at Winkler Village 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 $850 at Crestwood Apartments.
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

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.

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.