Cheap Apartments for Rent in East Peoria, IL from $400 (66 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
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 Arms
1 to 2 Bedroom Apartments

Stratford Arms

1900 Highview RdEast Peoria, IL 61611
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The Avenue Apartments
$575 - $800
Total Monthly Price

Total Monthly Price

Base Rent
$535 - $760
Required Monthly Fees
$40
Total Monthly Price
$575 - $800
Studio to 2 Bedroom Apartments Available Now

The Avenue Apartments

900 W Moss AvePeoria, IL 61606
Corporate Housing
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  • Customer Reviewed
  • Utilities Included

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.

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property at 1411 W Barker Ave

$800 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$800 - $1,200
Total Monthly Price
$800 - $1,200

2 To 3 Bedroom Homes for Rent

Available Jun 1

1411 W Barker Ave

PeoriaIL61606

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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property at 627 Fairholm Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

627 Fairholm Ave

PeoriaIL61603
property at 319 W Nebraska Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

319 W Nebraska Ave

PeoriaIL61604

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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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
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Linn St Commons
1 Bedroom Apartments

Linn St Commons

2112-2117 N Linn StPeoria, IL 61604
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Peoria Flats
1 to 3 Bedroom Apartments

Peoria Flats

2317-2331 Martin Luther King Jr DrPeoria, IL 61604

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 The Avenue Apartments in the Averyville neighborhood priced from $650. Winkler Village Apartments 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 East Peoria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Churchview Garden Homes1 Bedroom1BR,1BA$750
Civic Center Plaza ApartmentsStudioStudio,1BA$825
1113 W Moss AveA2BR,1BA$950
812 LoftsStudioStudio,1BA$1,050

Best Value Apartments for Rent in East Peoria, IL

As of April 03, 2026 the best value apartment in the East Peoria area is the $0.79 price per square foot A Model at 1113 W Moss Ave in the in the Averyville neighborhood starting from $950. The second greatest value East Peoria apartment is the 2BR/2.0BA Model at Cypress Ridge Apartments starting at $1,575 with a $1.32 price per square foot . 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.
1113 W Moss AveA2BR,1BA$0.79
Cypress Ridge Apartments2BR/2.0BA2BR,2BA$1.32
1109 NE Perry Ave1109 NE Perry Ave1BR,1BA$1.28
Winkler Place1BD 1BTH1BR,1BA$1.59
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
1012 W Armstrong Ave, Unit 1012-21012 W Armstrong Ave1BR,1BA$1.06
1200 N Orange St, Unit Basement Studio #41200 N Orange StStudio ,1BA$1.23
Churchview Garden Homes1 Bedroom1BR,1BA$1.17
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.38

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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 $825.

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

The lowest price for a Cheap One Bedroom East Peoria Apartment is $650 at The Avenue Apartments.

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 Churchview Garden Homes and starts from $975.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.