Cheap Homes for Rent in Peoria Heights, IL from $700 (17 Rentals)

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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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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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Peoria Heights, IL Local Guide

Cheapest Available Peoria Heights Apartments for Rent

 

The cheapest available apartment rental in Peoria Heights, IL is a 1 Bed unit found at Linn St Commons in the Averyville neighborhood priced from $600. Knoxville Manor Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Peoria Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Winkler Village Apartments1BD 1BTH1BR,1BA$725
The Village on UniversityTucker at Village North1BR,1BA$845
Crestwood Apartments2 bed 1 bath *2BR,1BA$850

Best Value Apartments for Rent in Peoria Heights, IL

As of January 08, 2026 the best value apartment in the Peoria Heights area is the $1.03 price per square foot 417 W Columbia Ter Model at 417 W Columbia Ter, Unit #2 in the in the Averyville neighborhood starting from $1,850. The second greatest value Peoria Heights apartment is the CC2BR Model at Covington Court Apartments starting at $1,395 with a $1.36 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Peoria Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
417 W Columbia Ter, Unit #2417 W Columbia Ter2BR,1BA$1.03
Covington Court ApartmentsCC2BR2BR,2BA$1.36
Covington Place2 BR/1.5BA - 2nd/3rd floor2BR,1.5BA$0.97
Hollybrook Apartments2 bedroom 1. 5 bath2BR,1.5BA$0.90
Stonecrest2 Bedroom2BR,1BA$1.17
Crestwood Apartments2 bed 1 bath *2BR,1BA$0.94
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.08
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$1.10
Linn St Commons1BR/1BA1BR,1BA$0.87
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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 common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Peoria Heights, IL Rentals by Map

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Frequently Asked Questions about Peoria Heights

What type of rentals are currently available in Peoria Heights?

There are currently 73 Apartments for Rent in Peoria Heights, IL with pricing that ranges from $600 to $2,675. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria Heights ranging from $700 to $2,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peoria Heights ranges from $700 to $2,500 with an average monthly rent of $1,293.

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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!