Cheap Apartments for Rent in Toluca, IL from $500 (28 Rentals)

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

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Monte Casino Villas
1 Bedroom Apartments

Monte Casino Villas

101 Via Del CorsoToluca, IL 61369
  • Utilities Included
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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included
property at 304 E Main St

304 E Main St

OttawaIL61350
Showing Results 1-28, Page 1 of 1

Toluca, IL Local Guide

Cheapest Available Toluca Apartments for Rent and Nearby

 

The cheapest available apartment rental in Toluca, IL is a 1 Bed unit found at Colonial Village priced from $625. Knoxville Manor Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Toluca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Willow Knolls ApartmentsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
The Village on UniversityKing at Village NorthStudio,1BA$725
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Hollybrook Apartments1 bedroom1BR,1BA$775
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$795
Willow Way1 bed 1 bath Unit 1 bldg 21BR,1BA$800
Versailles ApartmentsJewel - 1BR / 1BA1BR,1BA$895

Best Value Apartments for Rent in Toluca, IL and Nearby

As of October 26, 2025 the best value apartment in the Toluca area is the $0.86 price per square foot Three Bed Model at St James Place in the starting from $1,035. The second greatest value Toluca apartment is the 3 Bed 1 Bath Model at 1512 E Gardner Ln starting at $795 with a $0.66 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Toluca apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
St James PlaceThree Bed3BR,1.5BA$0.86
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
Brighton Woods2Bed2Bath2BR,2BA$0.95
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.06
504 S Sweetbriar DrModel2BR,1BA$1.11
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.12
Versailles ApartmentsJewel - 1BR / 1BA1BR,1BA$1.10
Hollybrook Apartments1 bedroom1BR,1BA$0.99
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.12

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Getting Around Toluca, IL

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Toluca Apartments

What is the Cheapest Studio apartment in Toluca?

Currently the most affordable Cheap Studio Apartment in Toluca is at Willow Knolls Apartments listed at $700.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Toluca is starting from $875 at Hollybrook Apartments.

What is the most affordable Toluca Three Bedroom Apartment?

The best deal on a cheap Toluca Three Bedroom Apartment rental is at 1512 E Gardner Ln and starts from $795.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.