Cheap Homes for Rent in Peoria Heights, IL from $700 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 415 E Frye Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Townhome for Rent

Available Now

415 E Frye Ave

PeoriaIL61603

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.

Read Article

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.

Read Article
property at 627 Fairholm Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

627 Fairholm Ave

PeoriaIL61603
property at 611 Phelps St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

611 Phelps St

PeoriaIL61603

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.

Read Article

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.

Read Article
Showing Results 1-27, Page 1 of 1

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 Knoxville Manor Apartments in the Northmoor Knolls neighborhood priced from $675. Winkler Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Peoria Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$795
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Hollybrook Apartments1 bedroom1BR,1BA$825
The Village on UniversityTucker at Village North1BR,1BA$845
Carriage Hill Apartments1 Beds, 1 Baths1BR,1BA$850
Glen Willows2 Bedroom 1.5 Bathroom2BR,1BA$975

Best Value Apartments for Rent in Peoria Heights, IL

As of March 11, 2026 the best value apartment in the Peoria Heights area is the $1.36 price per square foot CC2BR Model at Covington Court Apartments in the in the Northmoor Knolls neighborhood starting from $1,395. The second greatest value Peoria Heights apartment is the Crown - 2BR / 1BA Model at Versailles Apartments starting at $1,025 with a $1.03 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.
Covington Court ApartmentsCC2BR2BR,2BA$1.36
Versailles ApartmentsCrown - 2BR / 1BA2BR,1BA$1.03
Covington Place2BR/1.5BA Signature In Unit Wash/Dryer2BR,1.5BA$1.15
Stonecrest2 Bedroom2BR,1BA$1.28
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.08
Hollybrook Apartments1 bedroom1BR,1BA$1.06
3207 N Peoria Ave, Unit 13207 N Peoria Ave2BR,1BA$1.18
1109 NE Perry Ave1109 NE Perry Ave1BR,1BA$1.28
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.18
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Peoria Heights, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Peoria Heights, IL

View Map
Peoria Heights, IL Apartments Map
View Map
Peoria Heights, IL Rental Homes Map

Frequently Asked Questions about Peoria Heights

What type of rentals are currently available in Peoria Heights?

There are currently 70 Apartments for Rent in Peoria Heights, IL with pricing that ranges from $675 to $2,675. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria Heights ranging from $733 to $3,900.

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 $733 to $3,900 with an average monthly rent of $1,701.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.