
Cheap Homes for Rent in Peoria County, IL from $600 (36 Rentals)
Search the lowest-cost Homes available for rent right now in Peoria County.


5917 W Plank Rd

3112 W Latrobe St

824 W Mac Queen Ave

6809 N Frostwood Pkwy, Unit Unit#50

400 E Thrush Ave, Unit A

505 E Virginia Ave

1214 W Butler St

1220 W John H Gwynn Jr Ave
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.

1516 S Lydia Ave

1613 W Kettelle St

4012 N Boulevard Ave

2121 N Prospect Rd

1531 S Lydia Ave

517 Hayward St

1117 NE Glendale Ave

911 N Sheridan Rd

910 S Sumner 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.

412 E Arcadia Ave

1806 N Peoria Ave

526 Fairholm Ave

1811 W Millman St

1617 NE Jefferson Ave

2211 N Flora Ave

906 S Tonti Cir

308 E Archer Ave

905 W Thrush Ave
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.

627 Fairholm Ave

319 W Nebraska Ave

611 Phelps St

617 E Republic St

411 W Willcox Ave

2408 W Reservoir Blvd

903 W Brons Ave

1313 W Chestnut St, Unit A, Unit A

1206 W Johnson St
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.
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 | $1,143 | $733 | $2,400 |
| Peoria County 3 Bedroom Homes for Rent | $1,294 | $800 | $3,500 |
| Peoria County 4 Bedroom Homes for Rent | $1,382 | $795 | $1,800 |
| Peoria County 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
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 Studio unit found at Hollow Hills in the Windchime neighborhood priced from $700. Willow Knolls Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Peoria County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hollow Hills | Studio | Studio,1BA | $700 |
| Willow Knolls Apartments | Studio | Studio,1BA | $750 |
| 107 NE Roanoke Ave | Studio | Studio,1BA | $750 |
| 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 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $875 |
| Forrest Edge Apartments | 2 bed 1.5 bath | 2BR,1BA | $875 |
| The Village on University | Collins at Village South | 1BR,1BA | $895 |
Best Value Apartments for Rent in Peoria County, IL
As of May 20, 2026 the best value apartment in the Peoria County area is the $0.93 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter in the in the Averyville neighborhood starting from $1,400. The second greatest value Peoria County apartment is the 1319 W Daytona Dr Model at 1319 W Daytona Dr, Unit 1 starting at $1,400 with a $0.93 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 W Columbia Ter | 501 W Columbia Ter | 3BR,1BA | $0.93 |
| 1319 W Daytona Dr, Unit 1 | 1319 W Daytona Dr | 2BR,2BA | $0.93 |
| ASPEN BLUFF APARTMENTS | Three Bedrooms Two Bathroom | 3BR,2BA | $1.14 |
| 3706 N Donna Ln, Unit 3706 N Donna Lane | 3706 N Donna Ln | 3BR,1BA | $1.08 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $1.03 |
| 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 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
Frequently Asked Questions about Peoria County
What type of rentals are currently available in Peoria County?
There are currently 248 Apartments for Rent in Peoria County, IL with pricing that ranges from $547 to $2,675. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria County ranging from $629 to $3,500.
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 $629 to $3,500 with an average monthly rent of $1,201.
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 $2,372, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $795 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.