
Cheap Homes for Rent in Toluca, IL from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Toluca.


611 W Matthews St

230 Creve Coeur St

1204 N Park St
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.

1085 Spring Bay Rd

2 Evergreen Ct

1808 Post St

1402 5th St
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.
Toluca, IL Local Guide

How much does it cost to rent a home in Toluca?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Toluca 2 Bedroom Homes for Rent | $1,593 | $835 | $2,500 |
| Toluca 3 Bedroom Homes for Rent | $2,010 | $1,175 | $3,500 |
| Toluca 4 Bedroom Homes for Rent | $2,442 | $1,499 | $4,000 |
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Toluca, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Village | 1 Bedroom | 1BR,1BA | $625 |
| Knoxville Manor Apartments | Garden Level | 1BR,1BA | $675 |
| Willow Knolls Apartments | Studio | Studio,1BA | $700 |
Best Value Apartments for Rent in Toluca, IL and Nearby
As of January 12, 2026 the best value apartment in the Toluca 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 Toluca apartment is the Two Bedrooms, Two Bathrooms Model at Flats at Dunlap starting at $1,075 with a $1.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Creek Apartments | 2x2 | 2BR,2BA | $1.16 |
| Flats at Dunlap | Two Bedrooms, Two Bathrooms | 2BR,2BA | $1.08 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| Hollybrook Apartments | 2 bedroom 1. 5 bath | 2BR,1.5BA | $0.90 |
| Glen Willows | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.08 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.12 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $1.10 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.12 |
| Colonial Village | 1 Bedroom | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Toluca
What type of rentals are currently available in Toluca?
There are currently 46 Apartments for Rent in Toluca, IL with pricing that ranges from $675 to $2,675. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toluca ranging from $700 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 $700 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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!