Cheap Homes for Rent in Lincoln Park Neighborhood of Peoria, IL from $400 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lincoln Park area of Peoria.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Showing Results 1-14, Page 1 of 1

Lincoln Park, Peoria, IL Local Guide

Cheapest Available Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Park area of Peoria, IL is a 1 Bed unit found at Linn St Commons priced from $600. The Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Lincoln Park apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Civic Center Plaza ApartmentsStudioStudio,1BA$803
Marquette PlaceStudioStudio,1BA$880
EMR Apartments1 BR Standard Utilities Included1BR,1BA$950

Best Value Apartments for Rent in Lincoln Park, IL

As of May 17, 2025 the best value apartment in the Lincoln Park area is the $1.96 price per square foot Studio Model at Adams & Oak in the in the Moss Bradley neighborhood starting from $1,550. The second greatest value Lincoln Park apartment is the 1BR/1.0BA Model at Lofts Partners, LLC starting at $1,500 with a $2.01 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for Lincoln Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adams & OakStudioStudio ,1BA$1.96
Lofts Partners, LLC1BR/1.0BA1BR,1BA$2.01
Winkler Place1BD 1BTH1BR,1BA$1.59
Linn St Commons1BR/1BA1BR,1BA$0.87
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
Persimmon LoftsSTUDIO UNFIRNISHEDStudio ,1BA$2.05
EMR Apartments1 BR Standard Utilities Included1BR,1BA$1.90
812 Lofts1 Bed 1 Bath1BR,1BA$2.25
Marquette PlaceStudioStudio ,1BA$1.98

Quick Rent Budget Calculator

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Frequently Asked Questions about Lincoln Park

What type of rentals are currently available in Lincoln Park?

There are currently 78 Apartments for Rent in Lincoln Park, IL with pricing that ranges from $575 to $2,450. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Park ranging from $450 to $1,850.

What is the current price range for Rental Homes in Lincoln Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln Park ranges from $450 to $1,850 with an average monthly rent of $1,058.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.