Cheap Homes for Rent in East Peoria, IL from $400 (27 Rentals)

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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.

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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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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 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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Showing Results 1-27, Page 1 of 1

East Peoria, IL Local Guide

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 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
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
Magnolia LoftsStudioStudio,1BA$1,100

Best Value Apartments for Rent in East Peoria, IL and Nearby

As of November 14, 2025 the best value apartment in the East Peoria area is the $0.90 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter, Unit 3 in the in the Averyville neighborhood starting from $1,350. The second greatest value East Peoria apartment is the 2BR/2.0BA Model at Cypress Ridge Apartments starting at $1,650 with a $1.51 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.
501 W Columbia Ter, Unit 3501 W Columbia Ter3BR,1BA$0.90
Cypress Ridge Apartments2BR/2.0BA2BR,2BA$1.51
Adams & OakOne bedroom1BR,1BA$1.66
Stonecrest2 Bedroom2BR,1BA$1.17
Stratford ApartmentsModern One Bedroom Apartment in East Peoria1BR,1BA$1.23
Winkler Place1BD 1BTH1BR,1BA$1.59
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Linn St Commons1BR/1BA1BR,1BA$0.87
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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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 East Peoria

What type of rentals are currently available in East Peoria?

There are currently 114 Apartments for Rent in East Peoria, IL with pricing that ranges from $575 to $3,300. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Peoria ranging from $495 to $3,000.

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 $495 to $3,000 with an average monthly rent of $1,239.

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 $1,350 to $1,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $699 to $1,350. Four Bedroom Single-Family rentals are also available starting from $744 and Four Bedroom Apartments start at $3,300.

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.