
Cheap Homes for Rent near Peoria Heights, IL from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Peoria Heights.


505 E Virginia Ave

824 W Mac Queen Ave

715 W Thrush Ave

412 E Arcadia Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

609 Tracy St

400 E Thrush Ave

126-128 Fauber Ln

1006 E Behrends Ave

730 E McClure Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1714 NE Monroe St
Peoria Heights, IL Local Guide

How much does it cost to rent a home in Peoria Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peoria Heights 2 Bedroom Homes for Rent | $1,175 | $575 | $2,500 |
| Peoria Heights 3 Bedroom Homes for Rent | $1,194 | $680 | $1,750 |
| Peoria Heights 4 Bedroom Homes for Rent | $1,470 | $528 | $3,200 |
| Peoria Heights 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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Peoria Heights, IL Local Guide
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Cheapest Available Peoria Heights Apartments for Rent and Nearby
 The cheapest available apartment rental in Peoria Heights, IL is a 1 Bed unit found at Winkler Village Apartments in the Woodford County neighborhood priced from $725. 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 Heights apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Knoxville Manor Apartments | Level 2 | 1BR,1BA | $775 |
| Glen Oak Manor | 2BR/1.0BA | 2BR,1BA | $800 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Peoria Heights, IL and Nearby
As of July 26, 2026 the best value apartment in the Peoria Heights area is the $1.27 price per square foot 3 Bedroom Model at 107 NE Roanoke Ave in the in the Averyville neighborhood starting from $1,525. The second greatest value Peoria Heights apartment is the CC2BR Model at Covington Court Apartments starting at $1,295 with a $1.26 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 107 NE Roanoke Ave | 3 Bedroom | 3BR,1BA | $1.27 |
| Covington Court Apartments | CC2BR | 2BR,2BA | $1.26 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Versailles Apartments | Hamlet - 1BR / 1BA | 1BR,1BA | $1.13 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Glen Oak Manor | 2BR/1.0BA | 2BR,1BA | $1.23 |
| The Village on University | King Remodel at Village North | Studio ,1BA | $1.73 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 $695 to $2,675. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria Heights ranging from $528 to $3,200.
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 $528 to $3,200 with an average monthly rent of $1,709.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.