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

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Search the lowest-cost Apartments available for rent right now in Streator.

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214 S Bloomington St
$825
Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825
1 Bedroom Apartment Available Now

214 S Bloomington St

214 S Bloomington StStreator, IL 61364
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Streator Manor
1 to 2 Bedroom Apartments

Streator Manor

404 Richards StStreator, IL 61364

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.

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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.

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Fox Hill Senior Living
1 to 2 Bedroom Apartments

Fox Hill Senior Living

1536 Sycamore RdYorkville, IL 60560
Senior Living
  • Utilities Included
property at 621 Gooding St

$675

1 Bedroom, 1 Bath Home for Rent

Available Now

621 Gooding St

La SalleIL61301
property at 636 Joliet St

$800

1 Bedroom, 1 Bath Home for Rent

Available Now

636 Joliet St

La SalleIL61301

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.

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property at 407 6th St

$950

1 Bedroom, 1 Bath Home for Rent

Available Now

407 6th St

MendotaIL61342
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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420

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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Parkview Apartments
1 to 3 Bedroom Apartments

Parkview Apartments

101 Northfield DrNormal, IL 61761
  • Utilities Included
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1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Streator, IL Local Guide

Cheapest Neighborhoods for Apartments in Streator, IL

Pricing Updated: 08/08/2026

Current apartment rentals in the Streator, IL area range in price from $825 to $5,250 with an overall median price of $1,649. Here is today’s list neighborhoods with the lowest median pricing for Streator Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Streator$825$8252
North Streator$1,786$1,19912

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 in the Woodford County neighborhood 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
Ironwood Gardens ApartmentsStudioStudio,1BA$982
Pontiac Towers1 Bedroom1BR,1BA$990
Lancaster HeightsOne Bedroom1BR,1BA$1,000
Pinecrest ApartmentsPinnacle - 2 BD / 1 BA2BR,1BA$1,025
The Mallard Way Rental Community2 bed 2 bath2BR,2BA$1,100
BayOakBay2BR,2BA$1,160

Best Value Apartments for Rent in Streator, IL and Nearby

As of August 08, 2026 the best value apartment in the Streator area is the $1.17 price per square foot 2BA Model at York Meadow in the in the Whispering Meadows neighborhood starting from $2,200. The second greatest value Streator apartment is the The Reggie Renovated Model at The Social Normal starting at $679 with a $0.54 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.
York Meadow2BA3BR,2BA$1.17
The Social NormalThe Reggie Renovated4BR,4BA$0.54
Cedar Creek Apartments2x22BR,2BA$1.16
Harvest View2 Bed / 2 Bath | Upper Level2BR,2BA$1.21
BayOakBay2BR,2BA$1.23
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.78
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
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!

Explore Streator, IL Rentals by Map

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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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.