
Cheap Apartments for Rent in East Peoria, IL from $400 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in East Peoria.


Meadows Apartments

Raintree Apartments

Hillside Apartments

1714 S Lydia Ave

2601 W Latrobe St

2710 W Antoinette St

1104 W Smith St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

422 S Louisa St

Lincoln Terrace Apartments

1314 W Butler St

1615 S Arago St

1515 W Callender Ave

1927-1931 Canterbury Dr

Glen Oak Towers

The Avenue Apartments
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.

1829 S Stanley St

1006 E Behrends Ave

1220 W John H Gwynn Jr Ave

1833 N Wisconsin Ave

Madison Links Apartments

1711 N Peoria Ave

505 E Virginia Ave

1204 NE Madison Ave
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.

Country Village Apartments

Linn St Commons

Peoria Flats

1107 Pekin Ave

Hurlburt House

Cityscape

School Street Apartments

Sandmeyer Flats
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.

Churchview Garden Homes

The Hillsides

Glen Oak Manor Condominium Townhomes
East Peoria, IL Local Guide

How much does it cost to rent an apartment in East Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap East Peoria Studio Apartments | $1,124 | $795 | $1,550 |
| Cheap East Peoria 1 Bedroom Apartments | $1,427 | $725 | $2,250 |
| Cheap East Peoria 2 Bedroom Apartments | $1,701 | $547 | $2,260 |
| Cheap East Peoria 3 Bedroom Apartments | $1,399 | $620 | $1,800 |
| Cheap East Peoria 4 Bedroom Apartments | $630 | $630 | $630 |
Browse Top Apartments in East Peoria
See all Apartments in East PeoriaExplore East Peoria
East Peoria, IL Local Guide
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Cheapest Available East Peoria Apartments for Rent
 The cheapest available apartment rental in East Peoria, IL is a 2 Beds unit found at Cityscape in the Averyville neighborhood priced from $711. Winkler Village Apartments in the Woodford County neighborhood 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cityscape | 2 Bedroom | 2BR,2BA | $711 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| The Current Apartments | Studios | Studio,1BA | $1,025 |
| 812 Lofts | Studio | Studio,1BA | $1,050 |
| Winkler Lofts | Studio/Loft | Studio,1BA | $1,095 |
| Winkler Place | Studio Loft | 1BR,1BA | $1,125 |
| Cape Cod Village Apartments | Hyannis Renovated | 1BR,1BA | $1,200 |
| Cypress Ridge Apartments | 2BR/2.0BA | 2BR,2BA | $1,465 |
Best Value Apartments for Rent in East Peoria, IL
As of July 02, 2026 the best value apartment in the East Peoria area is the $0.91 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter in the in the Averyville neighborhood starting from $1,550. The second greatest value East Peoria apartment is the 3 Bedroom Model at 107 NE Roanoke Ave starting at $1,525 with a $1.27 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 W Columbia Ter | 501 W Columbia Ter | 3BR,2BA | $0.91 |
| 107 NE Roanoke Ave | 3 Bedroom | 3BR,1BA | $1.27 |
| Cypress Ridge Apartments | 2BR/2.0BA | 2BR,2BA | $1.31 |
| Adams Street Center | 2 Bed 1 Bath | 2BR,1BA | $1.69 |
| Cityscape | 2 Bedroom | 2BR,2BA | $0.70 |
| Winkler Place | 1BD 1BTH | 1BR,1BA | $1.59 |
| Cape Cod Village Apartments | Hyannis Renovated | 1BR,1BA | $1.67 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.29 |
| Civic Center Plaza Apartments | Studio | Studio ,1BA | $1.38 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore East Peoria, IL Rentals by Map
See the most popular apartments and homes in East Peoria, IL
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 $725 at Winkler Village 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 $711 at Cityscape.
What is the most affordable East Peoria Three Bedroom Apartment?
The best deal on a cheap East Peoria Three Bedroom Apartment rental is at Cityscape and starts from $818.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.