Cheap Apartments for Rent in East Peoria, IL from $400 (53 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
  • Utilities Included
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Raintree Apartments
2 Bedroom Apartments

Raintree Apartments

2811 Springfield RdEast Peoria, IL 61611
  • Utilities Included
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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

100 Woodrow DrEast Peoria, IL 61611
  • Utilities Included

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.

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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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1833 N Wisconsin Ave
Studio Apartments

1833 N Wisconsin Ave

1833 N Wisconsin AvePeoria, IL 61603
  • Utilities Included
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Golfview Apartments
1 to 3 Bedroom Apartments

Golfview Apartments

2317-2331 Martin Luther King Jr DrPeoria, IL 61604
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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

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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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
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The Hillsides
2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included
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Schlarman House
1 Bedroom Apartments

Schlarman House

707 Madison Ave NEPeoria, IL 61603
Senior Living
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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
Civic Center Plaza ApartmentsStudioStudio,1BA$803
Marquette PlaceStudioStudio,1BA$880
Stratford ApartmentsModern One Bedroom Apartment in East Peoria1BR,1BA$925
EMR Apartments1 BR Standard Utilities Included1BR,1BA$950
Magnolia LoftsStudioStudio,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 June 25, 2025 the best value apartment in the East Peoria area is the $1.85 price per square foot Studio + Den (BR) Model at Adams & Oak in the in the Moss Bradley neighborhood starting from $2,150. The second greatest value East Peoria apartment is the Modern One Bedroom Apartment in East Peoria Model at Stratford Apartments starting at $925 with a $1.23 price per square foot in the Fairfax Addition 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.
Adams & OakStudio + Den (BR)1BR,2BA$1.85
Stratford ApartmentsModern One Bedroom Apartment in East Peoria1BR,1BA$1.23
1401 E Richwoods Blvd, Unit 11401 E Richwoods Blvd3BR,1BA$1.47
Winkler Place1BD 1BTH1BR,1BA$1.59
Linn St Commons1BR/1BA1BR,1BA$0.87
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
Magnolia LoftsStudioStudio ,1BA$1.96
EMR Apartments1 BR Standard Utilities Included1BR,1BA$1.90

Quick Rent Budget Calculator

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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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See the most popular apartments and homes in East Peoria, IL

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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

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 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.

What is the most affordable East Peoria Three Bedroom Apartment?

The best deal on a cheap East Peoria Three Bedroom Apartment rental is at 812 Lofts and starts from $1,625.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.