Cheap Homes for Rent in Peoria Heights, IL from $700 (22 Rentals)

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

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

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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
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$795
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$800

Best Value Apartments for Rent in Peoria Heights, IL

As of September 15, 2025 the best value apartment in the Peoria Heights area is the $0.66 price per square foot 3 Bed 1 Bath Model at 1512 E Gardner Ln in the in the Northmoor Knolls neighborhood starting from $795. The second greatest value Peoria Heights apartment is the 2 BR/1.5BA - 2nd/3rd floor Model at Covington Place starting at $925 with a $0.97 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.
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
Covington Place2 BR/1.5BA - 2nd/3rd floor2BR,1.5BA$0.97
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.06
Versailles ApartmentsJewel - 1BR / 1BA1BR,1BA$1.10
827 W Shermoor St, Unit 1827 W Shermoor St2BR,1BA$1.13
Hollybrook Apartments1 bedroom1BR,1BA$1.03
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.14
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Linn St Commons1BR/1BA1BR,1BA$0.87
Glen Oak Manor2BR/1.0BA2BR,1BA$1.23

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

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Frequently Asked Questions about Peoria Heights

What type of rentals are currently available in Peoria Heights?

There are currently 68 Apartments for Rent in Peoria Heights, IL with pricing that ranges from $575 to $2,675. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria Heights ranging from $724 to $2,395.

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 $724 to $2,395 with an average monthly rent of $1,244.

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.

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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.

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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.