Cheap Apartments for Rent in Spring Bay, IL from $600 (35 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.

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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
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Woods + Meadow Apartments
Studio to 1 Bedroom Apartments

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
Corporate Housing
  • Utilities Included
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1512 E Gardner Ln
3 Bedroom Apartments

1512 E Gardner Ln

1512 E Gardner LnPeoria Heights, IL 61616
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Willow Way
1 to 2 Bedroom Apartments

Willow Way

2630 W Willowlake DrPeoria, IL 61614
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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.

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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included

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.

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Showing Results 1-35, Page 1 of 1

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
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$795
Woods + Meadow ApartmentsOne Bedroom Apartment in North Peoria1BR,1BA$825
Nordic Villa ApartmentsLoft1BR,1BA$825
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Hollybrook Apartments1 bedroom1BR,1BA$825
The Village on UniversityTucker at Village North1BR,1BA$845
Carriage Hill Apartments1 Beds, 1 Baths1BR,1BA$850

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

As of March 07, 2026 the best value apartment in the Spring Bay area is the $1.03 price per square foot Crown - 2BR / 1BA Model at Versailles Apartments in the in the Northmoor Knolls neighborhood starting from $1,025. The second greatest value Spring Bay apartment is the Two Bedrooms, Two Bathrooms Model at Flats at Dunlap starting at $1,075 with a $1.08 price per square foot in the Northmoor Knolls 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.
Versailles ApartmentsCrown - 2BR / 1BA2BR,1BA$1.03
Flats at DunlapTwo Bedrooms, Two Bathrooms2BR,2BA$1.08
Covington Place2BR/1.5BA Signature In Unit Wash/Dryer2BR,1.5BA$1.15
504 S Sweetbriar Dr2 Beds, 1 Baths2BR,1BA$0.95
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.08
Forest Hill Apartments1x11BR,1BA$1.12
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.12
Hollybrook Apartments1 bedroom1BR,1BA$1.06
Woods + Meadow ApartmentsOne Bedroom Apartment in North Peoria1BR,1BA$1.10
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06

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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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 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.

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Explore Spring Bay, IL Rentals by Map

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See the most popular apartments and homes in Spring Bay, IL

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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 $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 $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

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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.

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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.

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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.

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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.