Cheap Homes for Rent in Peoria County, IL from $400 (49 Rentals)

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

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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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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property at 710 N Swords Ave

710 N Swords Ave

West PeoriaIL61604

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.

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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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Showing Results 1-49, 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. 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
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$795
Willow Way1 bed 1 bath Unit 1 bldg 21BR,1BA$800
Civic Center Plaza ApartmentsStudioStudio,1BA$803

Best Value Apartments for Rent in Peoria County, IL

As of November 18, 2025 the best value apartment in the Peoria County area is the $0.90 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter, Unit 3 in the in the Averyville neighborhood starting from $1,350. The second greatest value Peoria County apartment is the 3 Bed 1 Bath Model at 1512 E Gardner Ln starting at $795 with a $0.66 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.
501 W Columbia Ter, Unit 3501 W Columbia Ter3BR,1BA$0.90
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
Dunlap Lakeside2Bed2Bath2BR,2BA$0.95
2315 N Bigelow St, Unit A2315 N Bigelow St2BR,1BA$0.83
Flats at DunlapTwo Bedrooms, Two Bathrooms2BR,2BA$1.08
Covington Place2 BR/1.5BA - 2nd/3rd floor2BR,1.5BA$0.97
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
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 258 Apartments for Rent in Peoria County, IL with pricing that ranges from $575 to $3,300. There are also 110 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria County ranging from $495 to $4,200.

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 $495 to $4,200 with an average monthly rent of $1,705.

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 $795 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $699 to $3,475. Four Bedroom Single-Family rentals are also available starting from $744 and Four Bedroom Apartments start at $3,300.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.