Cheap Apartments for Rent in Peoria County, IL from $400 (82 Rentals)

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Search the lowest-cost Apartments available for rent right now in Peoria County.

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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International Place
Studio to 2 Bedroom Apartments

International Place

6500 N University StPeoria, IL 61614
  • Utilities Included
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1217 W Chestnut St
1 to 2 Bedroom Apartments

1217 W Chestnut St

1217 W Chestnut StChillicothe, IL 61523
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Pine Hill
1 Bedroom Apartments

Pine Hill

806-808 W Pine Hill LnPeoria, IL 61614
  • Utilities Included
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Cheapest Available Peoria County Apartments for Rent

 

The cheapest available apartment rental in Peoria County, IL is a 1 Bed unit found at Linn St Commons in the Averyville neighborhood priced from $600. 8710 W Main St has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Peoria County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
8710 W Main StStudioStudio,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Hollow HillsStudioStudio,1BA$700
Willow Knolls ApartmentsStudioStudio,1BA$700
Crescent Creek Apartments1x11BR,1BA$750
Hanssler Court Apartments1 Bedroom1BR,1BA$775
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$775
The Village on UniversityAnderson at Village SouthStudio,1BA$775

Best Value Apartments for Rent in Peoria County, IL

As of June 04, 2025 the best value apartment in the Peoria County area is the $0.66 price per square foot 3 Bed 1 Bath Model at 1512 E Gardner Ln in the in the Northmoor Knolls neighborhood starting from $795. The second greatest value Peoria County apartment is the 2 BR/1.5BA - 2nd/3rd floor Model at Covington Place starting at $925 with a $0.97 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Peoria County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
Covington Place2 BR/1.5BA - 2nd/3rd floor2BR,1.5BA$0.97
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.06
Versailles ApartmentsRoyal - 2BR / 1BA2BR,1BA$1.05
Crescent Creek Apartments1x11BR,1BA$0.88
Brighton Woods1Bed1Bath1BR,1BA$1.06
Hollybrook Apartments1 bedroom1BR,1BA$1.06
Linn St Commons1BR/1BA1BR,1BA$0.87
Hollow HillsStudioStudio ,1BA$1.08
The Avenue Apartments1B/ 1BA1BR,1BA$1.06

Frequently Asked Questions about Cheap Peoria County Apartments

What is a cheap apartment in Peoria County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peoria County is under $775.

What is the price of a cheap apartment in Peoria County?

The cheapest apartment in Peoria County is Linn St Commons which is listed at $600, while the average apartment in Peoria County costs $1,300.

What types of apartments are the cheapest in Peoria County?

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 4 regular apartments in Peoria County 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 Peoria County?

Cheap apartments in Peoria County have an average cost of $176 which is $1,124 cheaper than the average rent for all rentals in Peoria County.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.