
Cheap Homes for Rent in Peoria County, IL from $400 (31 Rentals)
Search the lowest-cost Homes available for rent right now in Peoria County.


1714 S Lydia Ave

2601 W Latrobe St

1104 W Smith St

422 S Louisa St

505 E Virginia Ave

1314 W Butler St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1615 S Arago St

400 E Thrush Ave

1515 W Callender Ave

5917 W Plank Rd

1829 S Stanley St

1006 E Behrends Ave

1220 W John H Gwynn Jr Ave
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.

112 E Maywood Ave

721 S Matthew St

1714 S Livingston St

1610 S Lydia Ave

2129 N Bourland Ave

5812 W Farmington Rd

4009 N Becker Dr
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.

1714 NE Monroe St

2006 N Bigelow St

730 E McClure Ave

1411 W Barker Ave

419 E Maywood Ave

308 E Virginia Ave

627 Fairholm Ave
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.

617 E Republic St

1313 W Chestnut St, Unit A

3912 N New York Ave
Peoria County, IL Local Guide

How much does it cost to rent a home in Peoria County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peoria County 2 Bedroom Homes for Rent | $1,104 | $225 | $3,000 |
| Peoria County 3 Bedroom Homes for Rent | $1,258 | $225 | $3,500 |
| Peoria County 4 Bedroom Homes for Rent | $1,504 | $490 | $2,800 |
| Peoria County 5 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Peoria County 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in Peoria County
Explore Peoria County
Cheapest Available Peoria County Apartments for Rent
 The cheapest available apartment rental in Peoria County, IL is a 2 Beds unit found at Cityscape in the Averyville neighborhood priced from $711. Knoxville Manor Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Peoria County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cityscape | 2 Bedroom | 2BR,2BA | $711 |
| Knoxville Manor Apartments | Level 2 | 1BR,1BA | $775 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| ASPEN BLUFF APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $850 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $875 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $880 |
| The Village on University | Anderson Remodel at Village South | Studio,1BA | $890 |
Best Value Apartments for Rent in Peoria County, IL
As of July 04, 2026 the best value apartment in the Peoria County area is the $0.91 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter, Unit 2 in the in the Averyville neighborhood starting from $1,550. The second greatest value Peoria County apartment is the 2 Bedroom Model at Cityscape starting at $711 with a $0.70 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 W Columbia Ter, Unit 2 | 501 W Columbia Ter | 3BR,2BA | $0.91 |
| Cityscape | 2 Bedroom | 2BR,2BA | $0.70 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Brandywine Crossing Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.14 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $1.12 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $1.13 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
Frequently Asked Questions about Peoria County
What type of rentals are currently available in Peoria County?
There are currently 243 Apartments for Rent in Peoria County, IL with pricing that ranges from $547 to $2,675. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria County ranging from $225 to $4,500.
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 $225 to $4,500 with an average monthly rent of $1,803.
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 $2,162, while Three Bedroom Homes, Condos, and Townhomes for rent range from $225 to $3,500. Four Bedroom Single-Family rentals are also available starting from $490 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.