Cheap Homes for Rent in Peoria County, IL from $600 (48 Rentals)

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

property at 718 N Underhill St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600
Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Mar 1

718 N Underhill St

PeoriaIL61606

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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property at 415 E Frye Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Townhome for Rent

Available Now

415 E Frye Ave

PeoriaIL61603

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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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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property at 319 W Nebraska Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

319 W Nebraska Ave

PeoriaIL61604
property at 627 Fairholm Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

627 Fairholm Ave

PeoriaIL61603

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-48, Page 1 of 1

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. 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 Peoria County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Hollow HillsStudioStudio,1BA$700
Willow Knolls ApartmentsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
Versailles ApartmentsPrestige - 1BR / 1BA1BR,1BA$780
The Village on UniversityCollins at Village South1BR,1BA$799
Willow Way1 bed 1 bath Unit 1 bldg 21BR,1BA$800
Nordic Villa ApartmentsLoft1BR,1BA$825

Best Value Apartments for Rent in Peoria County, IL

As of February 19, 2026 the best value apartment in the Peoria County area is the $0.95 price per square foot 2 BR Model at 511 W High St in the in the Averyville neighborhood starting from $2,100. The second greatest value Peoria County apartment is the A Model at 1113 W Moss Ave starting at $1,000 with a $0.83 price per square foot in the Averyville 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.
511 W High St2 BR2BR,3BA$0.95
1113 W Moss AveA2BR,1BA$0.83
Churchview Garden Homes3 Bedroom3BR,2BA$0.88
Flats at DunlapTwo Bedrooms, Two Bathrooms2BR,2BA$1.08
504 S Sweetbriar Dr2 Beds, 1 Baths2BR,1BA$0.95
Hollybrook Apartments2 bedroom 1. 5 bath2BR,1.5BA$0.90
Crestwood Apartments2 bed 1 bath *2BR,1BA$0.94
Linn St Commons1BR/1BA1BR,1BA$0.87
Hollow HillsStudioStudio ,1BA$1.08
The Avenue Apartments1B/ 1BA1BR,1BA$1.06

Frequently Asked Questions about Peoria County

What type of rentals are currently available in Peoria County?

There are currently 262 Apartments for Rent in Peoria County, IL with pricing that ranges from $547 to $3,200. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria County ranging from $600 to $3,000.

What is the current price range for Rental Homes in Peoria County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peoria County ranges from $600 to $3,000 with an average monthly rent of $1,350.

How much are larger Three and Four Bedroom Rentals in Peoria County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Peoria County range from $620 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $748 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,100 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.