1806 N Peoria Ave
PeoriaIL61603
Cheap Homes for Rent near Spring Bay, IL from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Spring Bay.
505 E Virginia Ave
PeoriaIL61603
824 W Mac Queen Ave
PeoriaIL61604
412 E Arcadia Ave
PeoriaIL61603
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
126-128 Fauber Ln
East PeoriaIL61611
730 E McClure Ave
PeoriaIL61603
526 Fairholm Ave
PeoriaIL61603
602 W Loucks Ave
PeoriaIL61604
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
3119 W Willow Knolls Dr
PeoriaIL61614
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Spring Bay, IL Local Guide
Sunrise over field by Claire Y. Martin is licensed under CC BY 2.0
How much does it cost to rent a home in Spring Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Bay 2 Bedroom Homes for Rent | $1,315 | $575 | $3,000 |
| Spring Bay 3 Bedroom Homes for Rent | $1,548 | $680 | $3,500 |
| Spring Bay 4 Bedroom Homes for Rent | $2,176 | $528 | $3,200 |
| Spring Bay 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Spring Bay
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Spring Bay, IL Local Guide
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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 in the Woodford County neighborhood priced from $725. Knoxville Manor Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. 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 |
| Knoxville Manor Apartments | Level 2 | 1BR,1BA | $775 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Spring Bay, IL and Nearby
As of July 23, 2026 the best value apartment in the Spring Bay 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 Spring Bay apartment is the 2 Bedroom, 2 Bath Model at Camden Hills Apartments starting at $1,300 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $1.12 |
| Versailles Apartments | Hamlet - 1BR / 1BA | 1BR,1BA | $1.13 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Explore Spring Bay, IL Rentals by Map
See the most popular apartments and homes in Spring Bay, IL
Frequently Asked Questions about Spring Bay
What type of rentals are currently available in Spring Bay?
There are currently 42 Apartments for Rent in Spring Bay, IL with pricing that ranges from $700 to $2,675. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Bay ranging from $528 to $4,500.
What is the current price range for Rental Homes in Spring Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spring Bay ranges from $528 to $4,500 with an average monthly rent of $2,384.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.