602 E Ravine Ave
PeoriaIL61603
Cheap Homes for Rent in Spring Bay, IL from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Spring Bay.
526 Fairholm Ave
PeoriaIL61603
2408 W Reservoir Blvd
PeoriaIL61604
903 W Brons Ave
PeoriaIL61604
220 W Nebraska Ave
PeoriaIL61604
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.
3912 N Atlantic Ave
Peoria HeightsIL61616
814 W McClure Ave
PeoriaIL61604
3207 W Willow Knolls Dr
PeoriaIL61614
2512 N Maryland Ave
PeoriaIL61603
3500 Yorkshire
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.
2239 N Sheridan Rd
PeoriaIL61604
2718 North North Street
PeoriaIL61604
4111 Blvd
PeoriaIL61614
913 W McClure Ave
PeoriaIL61604
816 W Virginia Ave
PeoriaIL61604
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.
4914 North Best Street
Peoria HeightsIL61616
801 E Fairoaks Ave
PeoriaIL61603
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 | $1,239 | $995 | $2,295 |
| Spring Bay 3 Bedroom Homes for Rent | $1,441 | $850 | $3,500 |
| Spring Bay 5 Bedroom Homes for Rent | $1,575 | $1,575 | $1,575 |
| Spring Bay 6 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
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 |
| 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 |
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 Article
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 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.
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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 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Bay ranging from $850 to $3,900.
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 $850 to $3,900 with an average monthly rent of $2,038.
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.