Cheap Apartments for Rent in Streator, IL from $400 (39 Rentals)

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Streator Manor
1 to 2 Bedroom Apartments

Streator Manor

404 Richards StStreator, IL 61364

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.

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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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property at 809 Calhoun St

$875

1 Bedroom, 1 Bath Home for Rent

Available Now

809 Calhoun St

PeruIL61354

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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property at 1320 Maple Dr

$900

2 Bedroom, 1 Bath Home for Rent

Available Now

1320 Maple Dr

PeruIL61354
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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761
property at 1314 Maple Dr

$975

2 Bedroom, 1 Bath Home for Rent

Available Now

1314 Maple Dr

PeruIL61354
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420
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Parkview Apartments
1 to 3 Bedroom Apartments

Parkview Apartments

101 Northfield DrNormal, IL 61761
  • Utilities Included

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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1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included
property at 118 E Canal St

$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

118 E Canal St

North UticaIL61373
Showing Results 1-39, Page 1 of 1

Streator, IL Local Guide

Cheapest Neighborhoods for Apartments in Streator, IL

Pricing Updated: 06/22/2026

Current apartment rentals in the Streator, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Streator Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Streator$1,700$7005
North Streator$2,800$1,19516

Cheapest Available Streator Apartments for Rent and Nearby

 

The cheapest available apartment rental in Streator, IL is a 1 Bed unit found at Colonial Village priced from $625. Winkler Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Streator apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
300 Shelbourne1/11BR,1BA$905
Ironwood Gardens ApartmentsStudioStudio,1BA$926
Pontiac Towers1 Bedroom1BR,1BA$990
Lancaster HeightsOne Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Streator, IL and Nearby

As of June 23, 2026 the best value apartment in the Streator area is the $1.16 price per square foot 2x2 Model at Cedar Creek Apartments in the starting from $1,395. The second greatest value Streator apartment is the Oakbrook Model at BayOak starting at $1,113 with a $0.95 price per square foot . Here is today’s list of the best values for Streator apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Creek Apartments2x22BR,2BA$1.16
BayOakOakbrook2BR,2BA$0.95
Harvest View2/2 First Floor2BR,2BA$1.21
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR,1.5BA$1.07
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.78
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
The Social NormalThe Redbird Corner Renovated2BR,2BA$1.03
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
306 S Park St, Unit 1306 S Park St1BR,1.5BA$1.12
Colonial Village1 Bedroom1BR,1BA$1.14

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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Streator Apartments

How much is rent for a Cheap One Bedroom Streator Apartment?

The lowest price for a Cheap One Bedroom Streator Apartment is $625 at Colonial Village.

What is the lowest price for a Cheap Two Bedroom Streator Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Streator is starting from $895 at Phoenix Apartments of Pontiac.

What is the most affordable Streator Three Bedroom Apartment?

The best deal on a cheap Streator Three Bedroom Apartment rental is at The Mallard Way Rental Community and starts from $1,200.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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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.

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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.

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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.