Cheap Apartments for Rent in East Peoria, IL from $400 (72 Rentals)

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

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Meadows Apartments
1 to 2 Bedroom Apartments

Meadows Apartments

140 Bluff St WEast Peoria, IL 61611
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Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

2811 Springfield RdEast Peoria, IL 61611
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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

100 Woodrow DrEast Peoria, IL 61611
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Stratford Apartments
1 to 2 Bedroom Apartments

Stratford Apartments

1900 Highview RdEast Peoria, IL 61611
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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.

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.

Cash 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.

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1833 N Wisconsin Ave
Studio to 1 Bedroom Apartments

1833 N Wisconsin Ave

1833 N Wisconsin AvePeoria, IL 61603
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Madison Links Apartments
1 to 2 Bedroom Apartments

Madison Links Apartments

2405 Martin Luther King Jr DrPeoria, IL 61604
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Peoria Flats
1 to 3 Bedroom Apartments

Peoria Flats

2317-2331 Martin Luther King Jr DrPeoria, IL 61604
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1107 Pekin Ave
1 Bedroom Apartments

1107 Pekin Ave

1107 Pekin AveCreve Coeur, IL 61610
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Hurlburt House
1 Bedroom Apartments

Hurlburt House

818 W Hurlburt StPeoria, IL 61605
Senior Living
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Sandmeyer Flats
Studio to 2 Bedroom Apartments

Sandmeyer Flats

601-607 NW Bryan StPeoria, IL 61603

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.

East Peoria, IL Local Guide

Cheapest Available East Peoria Apartments for Rent

 

The cheapest available apartment rental in East Peoria, IL is a 1 Bed unit found at Linn St Commons in the Averyville neighborhood priced from $600. The Avenue Apartments in the Averyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable East Peoria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Glen Oak Manor2BR/1.0BA2BR,1BA$800
Civic Center Plaza ApartmentsStudioStudio,1BA$803
Stratford ApartmentsModern One Bedroom Apartment in East Peoria1BR,1BA$925
EMR Apartments1/1 Standard1BR,1BA$949
Stonecrest2 Bedroom2BR,1BA$1,050
812 LoftsStudioStudio,1BA$1,050
Winkler LoftsStudio/LoftStudio,1BA$1,095

Best Value Apartments for Rent in East Peoria, IL

As of November 11, 2025 the best value apartment in the East Peoria area is the $1.10 price per square foot F Model at 443 W High St in the in the Averyville neighborhood starting from $1,975. The second greatest value East Peoria apartment is the 501 W Columbia Ter Model at 501 W Columbia Ter, Unit 3 starting at $1,350 with a $0.90 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for East Peoria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
443 W High StF2BR,2BA$1.10
501 W Columbia Ter, Unit 3501 W Columbia Ter3BR,1BA$0.90
Cypress Ridge Apartments2BR/2.0BA2BR,2BA$1.51
Stonecrest2 Bedroom2BR,1BA$1.17
Stratford ApartmentsModern One Bedroom Apartment in East Peoria1BR,1BA$1.23
Linn St Commons1BR/1BA1BR,1BA$0.87
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Glen Oak Manor2BR/1.0BA2BR,1BA$1.23
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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Quick Rent Budget Calculator

How much rent can you afford?

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 East Peoria, IL Rentals by Map

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Getting Around East Peoria, IL

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap East Peoria Apartments

What is the Cheapest Studio apartment in East Peoria?

Currently the most affordable Cheap Studio Apartment in East Peoria is at Civic Center Plaza Apartments listed at $803.

How much is rent for a Cheap One Bedroom East Peoria Apartment?

The lowest price for a Cheap One Bedroom East Peoria Apartment is $600 at Linn St Commons.

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

Today's best deal for a Cheap Two Bedroom Apartment in East Peoria is starting from $750 at The Avenue Apartments.

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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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! 

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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.

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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.