
Cheap Short Term Lease Apartments for Rent in Peoria, IL from $400 (13 Rentals)
Short Term Rental Options.
Cheap Apartments in Peoria.


Woods + Meadow Apartments

Glenbrook Apartments

The Grove Apartments

Brandywine Crossing Apartments
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.

EMR Apartments
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

Forest Park Apartments
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 | $1,016 | $575 | $1,974 |
Peoria 1 Bedroom Apartments | $1,240 | $575 | $2,400 |
Peoria 2 Bedroom Apartments | $1,385 | $750 | $2,675 |
Peoria 3 Bedroom Apartments | $1,308 | $795 | $2,017 |
Explore Peoria
Peoria, IL Local Guide
- Peoria Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Peoria, ILPopulation: 111,388
Ranked #270
in US Census Population by City
Best Local Schools in Peoria, IL
Ridgeview Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Peoria, IL Rentals by Map
See the most popular apartments and homes in Peoria, IL
Getting Around Peoria, IL
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $800.
What is the price of a cheap apartment in Peoria?
The cheapest apartment in Peoria is Linn St Commons which is listed at $600, while the average apartment in Peoria costs $1,452.
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 19 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 $288 which is $1,164 cheaper than the average rent for all rentals in Peoria.
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.

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.

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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.