
Cheap Homes for Rent near Spring Bay, IL from $575 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Spring Bay.


1118 E Samuel Ave

4809 Knoxville Ave

730 E McClure Ave

612 E Gift Ave
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.

1415 W Chestnut St

1412 W Glen Ave

3119 W Willow Knolls Dr

611 W Matthews St

814 W McClure Ave
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.

103 Hollyhock Ln

913 W McClure Ave

622 W Laclaire Ln

3409 N California Ave

2507 NE Madison Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1085 Spring Bay Rd
Spring Bay, IL Local Guide

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 | $1,461 | $575 | $2,500 |
| Spring Bay 3 Bedroom Homes for Rent | $1,758 | $995 | $3,500 |
| Spring Bay 4 Bedroom Homes for Rent | $2,625 | $1,900 | $3,000 |
| Spring Bay 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Spring Bay 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
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 in the Woodford County neighborhood 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 $799. 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 / 1 Bath | Studio,1BA | $799 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $800 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Knoxville Manor | 1BR/1.0BA | 1BR,1BA | $850 |
Best Value Apartments for Rent in Spring Bay, IL and Nearby
As of September 07, 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 2BR/1.5BA Signature In Unit Wash/Dryer Model at Covington Place starting at $1,095 with a $1.15 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 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Kellogg Place Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.17 |
| 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 | $1.00 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.03 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Knoxville Manor | 1BR/1.0BA | 1BR,1BA | $1.21 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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 Spring Bay
What type of rentals are currently available in Spring Bay?
There are currently 44 Apartments for Rent in Spring Bay, IL with pricing that ranges from $700 to $2,675. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Bay ranging from $575 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 $575 to $4,500 with an average monthly rent of $1,771.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.