
Cheap 2 Bedroom Apartments for Rent in Peoria, IL from $547 (63 Rentals) Page 2 of 2


Kingsway Apartments

Willow Way

Briargate Apartments

906 S Tonti Cir

905 W Thrush Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2719 W Radan Ct

Forest Park Apartments

5817 S Adams St

Timberpoint Apartments

Hillside Apartments

The Hillsides
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

811 E Lake Ave
Peoria, IL Local Guide

How much does it cost to rent an apartment in Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peoria Studio Apartments | $991 | $700 | $1,500 |
| Peoria 1 Bedroom Apartments | $1,218 | $695 | $2,250 |
| Peoria 2 Bedroom Apartments | $1,374 | $547 | $2,675 |
| Peoria 3 Bedroom Apartments | $1,447 | $620 | $2,127 |
| Peoria 4 Bedroom Apartments | $630 | $630 | $630 |
Explore Peoria
Frequently Asked Questions about Cheap Peoria Apartments
What is a cheap apartment in Peoria?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peoria is under $880.
What is the price of a cheap apartment in Peoria?
The cheapest apartment in Peoria is Crestwood Apartments which is listed at $850, while the average apartment in Peoria costs $1,672.
What types of apartments are the cheapest in Peoria?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 108 regular apartments in Peoria that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Peoria?
Cheap apartments in Peoria have an average cost of $216 which is $1,456 cheaper than the average rent for all rentals in Peoria.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.