Cheap Apartments for Rent in Elmwood, IL from $600 (29 Rentals)

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Elm Haven Place
$895
Total Monthly Price

Total Monthly Price

Base Rent
$650
Required Monthly Fees
$245

Total Monthly Price
$895
1 Bedroom Apartments Available Now

Elm Haven Place

101 N Rose StElmwood, IL 61529
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Willow Knolls Apartments
$700 - $1,000
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $895
Required Monthly Fees
$105

Total Monthly Price
$700 - $1,000
Studio to 2 Bedroom Apartments Available Now

Willow Knolls Apartments

2221-2227 Willow Knolls Dr WPeoria, IL 61614
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Hollow Hills
$700 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $1,295
Required Monthly Fees
$105

Total Monthly Price
$700 - $1,400
Studio to 3 Bedroom Apartments Available Now

Hollow Hills

4019 W Hollow Creek DrPeoria, IL 61615
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Woods + Meadow Apartments
$725 - $825
Total Monthly Price

Total Monthly Price

Base Rent
$690 - $790
Required Monthly Fees
$35

Total Monthly Price
$725 - $825
Studio to 1 Bedroom Apartments Available Now

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
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Willow Way
$800 - $1,025
Total Monthly Price

Total Monthly Price

Base Rent
$740 - $965
Required Monthly Fees
$60

Total Monthly Price
$800 - $1,025
1 to 2 Bedroom Apartments Available Now

Willow Way

2630 W Willowlake DrPeoria, IL 61614
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Nordic Villa Apartments
$825 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$785 - $1,110
Required Monthly Fees
$40

Total Monthly Price
$825 - $1,150
1 to 2 Bedroom Apartments Available Now

Nordic Villa Apartments

3120 W Willow Knolls DrPeoria, IL 61614
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Kellogg Place Apartments
$875 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$770 - $1,095
Required Monthly Fees
$105

Total Monthly Price
$875 - $1,200
1 to 2 Bedroom Apartments Contact Us For Availability

Kellogg Place Apartments

3313 W Willow Knolls DrPeoria, IL 61614
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Flats at Dunlap
Rent Specials
$975 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,475
Required Monthly Fees
$75

Total Monthly Price
$975 - $1,550
1 to 3 Bedroom Apartments Available Now

Flats at Dunlap

7150 N Terra Vista DrPeoria, IL 61614
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The Grove Apartments
Rent Specials
$995 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,545
Required Monthly Fees
$50

Total Monthly Price
$995 - $1,595
1 to 3 Bedroom Apartments Available Now

The Grove Apartments

1526 W Candletree DrPeoria, IL 61614
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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614

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301 N Carole Ave
1 Bedroom Apartments

301 N Carole Ave

301 N Carole AveHanna City, IL 61536

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Elmwood, IL Local Guide

Cheapest Available Elmwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elmwood, IL is a Studio unit found at Willow Knolls Apartments in the Northmoor Knolls neighborhood priced from $700. Hollow Hills in the Windchime neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Elmwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Knolls ApartmentsStudioStudio,1BA$700
Hollow HillsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
Willow Way1 bed 1 bath Unit 1 bldg 21BR,1BA$800
Nordic Villa ApartmentsLoft1BR,1BA$825
Brandywine Crossing Apartments1 Bedroom G1BR,1BA$850
Hollybrook Apartments2 bedroom 1. 5 bath2BR,1BA$850
Westporte ApartmentsWP1B1BR,1BA$850
Forrest Edge Apartments2 bed 1.5 bath2BR,1BA$875
Elm Haven PlaceSecurity Deposit Special ONLY $500.00!1BR,1BA$895

Best Value Apartments for Rent in Elmwood, IL and Nearby

As of February 12, 2026 the best value apartment in the Elmwood area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Elmwood apartment is the Three Bedrooms Two Bathroom Model at ASPEN BLUFF APARTMENTS starting at $1,150 with a $1.14 price per square foot in the Sunset Hills neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.18
ASPEN BLUFF APARTMENTSThree Bedrooms Two Bathroom3BR,2BA$1.14
Flats at DunlapTwo Bedrooms, Two Bathrooms2BR,2BA$1.08
Covington Place2 BR/1BA Renovated In Unit Wash/Dryer2BR,1BA$1.20
Hollybrook Apartments2 bedroom 1. 5 bath2BR,1.5BA$0.90
Forest Hill Apartments1x11BR,1BA$1.12
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.12
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.12
Hollow HillsStudioStudio ,1BA$1.08

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Frequently Asked Questions about Cheap Elmwood Apartments

What is the Cheapest Studio apartment in Elmwood?

Currently the most affordable Cheap Studio Apartment in Elmwood is at Willow Knolls Apartments listed at $700.

How much is rent for a Cheap One Bedroom Elmwood Apartment?

The lowest price for a Cheap One Bedroom Elmwood Apartment is $775 at Willow Knolls Apartments.

What is the lowest price for a Cheap Two Bedroom Elmwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $850 at Hollybrook Apartments.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Hollow Hills and starts from $1,100.

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

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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.

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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.

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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.