
Cheap Apartments for Rent in the Old Town Peoria Neighborhood of Peoria, AZ from $900 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town Peoria area of Peoria.


7543 W Brown St., Unit Unit B

12340 N 72nd Dr

12340 N 72nd Dr

Streamliner 87th

Country Village
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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.

12340 N 72nd Dr

12340 N 72nd Dr

Vue Park West

12340 N 72nd Dr

Sun Wood Senior Apartments

The Tallows at Peoria
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Moxi

Alexan Park West

Casa del Rio

Altair Apartments

9415 N 99th Ave

11411 N 91st Ave
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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.

9415 N 99th Ave
Old Town Peoria, Peoria, AZ Local Guide

How much does it cost to rent an apartment in Old Town Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town Peoria Studio Apartments | $1,132 | $1,019 | $1,439 |
| Old Town Peoria 1 Bedroom Apartments | $1,469 | $1,000 | $1,980 |
| Old Town Peoria 2 Bedroom Apartments | $1,707 | $1,100 | $2,299 |
| Old Town Peoria 3 Bedroom Apartments | $2,216 | $1,626 | $2,604 |
| Old Town Peoria 4 Bedroom Apartments | $2,719 | $2,627 | $2,747 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Old Town Peoria Neighborhood of Peoria, AZ.
See all Apartments in PeoriaExplore Peoria
Old Town Peoria, Peoria, AZ Local Guide
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Cheapest Available Old Town Peoria Apartments for Rent
 The cheapest available apartment rental in the Old Town Peoria area of Phoenix, AZ is a Studio unit found at Streamliner 87th priced from $936. The Tallows at Peoria has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Old Town Peoria apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Streamliner 87th | Studio | Studio,1BA | $936 |
| The Tallows at Peoria | A1 Reno | 1BR,1BA | $1,125 |
| Sun Wood Senior Apartments | A2 | 1BR,1BA | $1,125 |
| Vue Park West | Acacia A | Studio,1BA | $1,149 |
| Moxi | Acacia | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Old Town Peoria, AZ
As of December 24, 2025 the best value apartment in the Old Town Peoria area is the $1.13 price per square foot 8566 Model at 8566 W Cinnabar Ave in the in the The Preserve at Cibola Vista neighborhood starting from $3,250. The second greatest value Old Town Peoria apartment is the Bliss Model at Summerwell Peoria Place starting at $2,398 with a $1.90 price per square foot in the The Preserve at Cibola Vista neighborhood. Here is today’s list of the best values for Old Town Peoria apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8566 W Cinnabar Ave | 8566 | 5BR,3BA | $1.13 |
| Summerwell Peoria Place | Bliss | 3BR,2BA | $1.90 |
| Bella Olivia | 2 Bed/2 Bath | 2BR,2BA | $1.83 |
| Parc Roundtree Ranch | 3 Bed - 2 Bath | 3BR,2BA | $1.61 |
| Altair Apartments | C1 3 Bed 2 Bath | 3BR,2BA | $1.63 |
| The Flats at Peoria | Havasu I | 2BR,2BA | $1.97 |
| Steeple Chase | 2 Bedroom and 2 Bath B | 2BR,2BA | $1.50 |
| Peoria Grand Apartments | 2x1A | 2BR,1BA | $1.56 |
| Moxi | Acacia | 1BR,1BA | $1.60 |
| Sun Wood Senior Apartments | A1 | 1BR,1BA | $1.93 |
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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Pet Friendly LifestyleOld Town Peoria, Peoria, AZ
Ranked #9
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Old Town Peoria, Peoria, AZ
Santa Fe Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Old Town Peoria Apartments
What is a cheap apartment in Old Town Peoria?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town Peoria is under $1,391.
What is the price of a cheap apartment in Old Town Peoria?
The cheapest apartment in Old Town Peoria is Streamliner 87th which is listed at $1,069, while the average apartment in Old Town Peoria costs $8,898.
What types of apartments are the cheapest in Old Town Peoria?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Old Town Peoria that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Old Town Peoria?
Cheap apartments in Old Town Peoria have an average cost of $424 which is $8,474 cheaper than the average rent for all rentals in Old Town Peoria.
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.
Helpful Local Expert Guides

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
