Cheap Homes for Rent near Toluca, IL from $800 (14 Rentals)

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

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.

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.

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. 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 Toluca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Willow Knolls ApartmentsStudio / 1 BathStudio,1BA$799
Hollybrook Apartments1 bedroom1BR,1BA$825
The Hillsides1BDR1BR,1BA$875

Best Value Apartments for Rent in Toluca, IL and Nearby

As of August 26, 2026 the best value apartment in the Toluca 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 Toluca apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 price per square foot . 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.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.18
Cedar Creek Apartments2x22BR,2BA$1.16
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.23
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Glen Willows2 Bedroom 1 Bathroom2BR,1BA$1.06
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.15
Hollybrook Apartments1 bedroom1BR,1BA$1.06
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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Frequently Asked Questions about Toluca

What type of rentals are currently available in Toluca?

There are currently 50 Apartments for Rent in Toluca, IL with pricing that ranges from $725 to $2,675. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toluca ranging from $800 to $4,000.

What is the current price range for Rental Homes in Toluca?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Toluca ranges from $800 to $4,000 with an average monthly rent of $1,873.

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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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.

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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.

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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.