2209 West Krause Avenue
PeoriaIL61605
Cheap Homes for Rent in East Peoria, IL from $400 (29 Rentals)
Search the lowest-cost Homes available for rent right now in East Peoria.
422 S Louisa St
PeoriaIL61605
1104 W Smith St
PeoriaIL61605
2807 W Nevada St
PeoriaIL61605
3112 W Latrobe St
PeoriaIL61605
1206 W Johnson St
PeoriaIL61605
505 E Virginia Ave
PeoriaIL61603
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.
1220 W John H Gwynn Jr Ave
PeoriaIL61605
1516 S Lydia Ave
PeoriaIL61605
1613 W Kettelle St
PeoriaIL61605
2121 N Prospect Rd
PeoriaIL61603
1829 S Stanley St
PeoriaIL61605
1531 S Lydia Ave
PeoriaIL61605
1117 NE Glendale Ave
PeoriaIL61603
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.
517 Hayward St
PeoriaIL61603
911 N Sheridan Rd
PeoriaIL61606
1904 W Proctor St
PeoriaIL61605
1610 S Lydia Ave
PeoriaIL61605
412 E Arcadia Ave
PeoriaIL61603
1806 N Peoria Ave
PeoriaIL61603
526 Fairholm Ave
PeoriaIL61603
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.
1811 W Millman St
PeoriaIL61605
308 E Archer Ave
PeoriaIL61603
1411 W Barker Ave
PeoriaIL61606
1714 NE Monroe St
PeoriaIL61603
617 E Republic St
PeoriaIL61603
611 Phelps St
PeoriaIL61603
319 W Nebraska Ave
PeoriaIL61604
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.
627 Fairholm Ave
PeoriaIL61603
Showing Results 1-29, Page 1 of 1
East Peoria, IL Local Guide
Peoria Lake by Tripp is licensed under CC BY 2.0
How much does it cost to rent a home in East Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Peoria 2 Bedroom Homes for Rent | $899 | $400 | $1,200 |
| East Peoria 3 Bedroom Homes for Rent | $1,179 | $745 | $2,500 |
| East Peoria 4 Bedroom Homes for Rent | $1,204 | $590 | $2,100 |
| East Peoria 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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East Peoria, IL Local Guide
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Cheapest Available East Peoria Apartments for Rent and Nearby
The cheapest available apartment rental in East Peoria, IL is a 1 Bed unit found at Winkler Village Apartments priced from $725. 107 NE Roanoke Ave in the Averyville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable East Peoria apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| 107 NE Roanoke Ave | Studio | Studio,1BA | $750 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $900 |
| EMR Apartments | 1/1 Standard | 1BR,1BA | $1,050 |
| 812 Lofts | Studio | Studio,1BA | $1,050 |
| Winkler Lofts | Studio/Loft | Studio,1BA | $1,095 |
| Magnolia Lofts | Studio | Studio,1BA | $1,100 |
| Winkler Place | Studio Loft | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in East Peoria, IL and Nearby
As of May 27, 2026 the best value apartment in the East Peoria area is the $0.93 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter in the in the Averyville neighborhood starting from $1,400. The second greatest value East Peoria apartment is the 2BR/2.0BA Model at Cypress Ridge Apartments starting at $1,575 with a $1.40 price per square foot . 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,1BA | $0.93 |
| Cypress Ridge Apartments | 2BR/2.0BA | 2BR,2BA | $1.40 |
| Marquette Place | 2 Bedroom | 2BR,2BA | $1.51 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $1.03 |
| Cape Cod Village Apartments | Marthas Vineyard Renovated | 2BR,1BA | $1.51 |
| Winkler Place | 1BD 1BTH | 1BR,1BA | $1.59 |
| 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 |
| 107 NE Roanoke Ave | Studio | Studio ,1BA | $1.36 |
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 Article
Real 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.
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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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Explore East Peoria, IL Rentals by Map
See the most popular apartments and homes in East Peoria, IL
Frequently Asked Questions about East Peoria
What type of rentals are currently available in East Peoria?
There are currently 122 Apartments for Rent in East Peoria, IL with pricing that ranges from $547 to $2,500. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Peoria ranging from $400 to $2,500.
What is the current price range for Rental Homes in East Peoria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Peoria ranges from $400 to $2,500 with an average monthly rent of $1,088.
How much are larger Three and Four Bedroom Rentals in East Peoria?
For those who are looking for larger living arrangements, Three Bedroom Apartments in East Peoria range from $620 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $745 to $2,500. Four Bedroom Single-Family rentals are also available starting from $590 and Four Bedroom Apartments start at $630.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.