824 W Mac Queen Ave
PeoriaIL61604
Cheap Homes for Rent in Spring Bay, IL from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Spring Bay.
130-132 Fauber Ln
East PeoriaIL61611
505 E Virginia Ave
PeoriaIL61603
811 E Lake Ave
Peoria HeightsIL61616
412 E Arcadia Ave
PeoriaIL61603
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.
1806 N Peoria Ave
PeoriaIL61603
526 Fairholm Ave
PeoriaIL61603
308 E Archer Ave
PeoriaIL61603
905 W Thrush Ave
PeoriaIL61604
2207 N Ellis St
PeoriaIL61604
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.
814 W McClure Ave
PeoriaIL61604
1318 N Machin Ave
PeoriaIL61606
802 E London Ave
Peoria HeightsIL61616
910 W Virginia Ave
PeoriaIL61604
816 W Virginia Ave
PeoriaIL61604
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.
901 NE Glen Oak Ave
PeoriaIL61603
913 W McClure Ave
PeoriaIL61604
Showing Results 1-17, Page 1 of 1
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 | $1,289 | $733 | $2,400 |
| Spring Bay 3 Bedroom Homes for Rent | $1,489 | $893 | $3,500 |
| Spring Bay 4 Bedroom Homes for Rent | $894 | $894 | $894 |
Browse Top Homes for Rent in Spring Bay
Explore Spring Bay
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 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 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $875 |
Best Value Apartments for Rent in Spring Bay, IL and Nearby
As of June 08, 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 |
| 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 |
| 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 |
| 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.
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.
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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 40 Apartments for Rent in Spring Bay, IL with pricing that ranges from $700 to $2,675. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Bay ranging from $733 to $3,500.
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 $733 to $3,500 with an average monthly rent of $1,224.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.