
Cheap Apartments for Rent in Peoria, IL from $400 (119 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Peoria.


1411 W Barker Ave

EMR Apartments

419 E Maywood Ave

627 Fairholm Ave

617 E Republic St

308 E Virginia Ave

Hillcrest Apartments

Kellogg Place Apartments

Oak Woods Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

International Place

Brookview Apartments

Pine Hill

1806 N Peoria Ave

Richwoods Plaza

1833 N Wisconsin Ave

Madison Links Apartments

3013-3021 N Woodbine Ter

1711 N Peoria Ave

505 E Virginia Ave
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.

824 W Mac Queen Ave

Kingston Apartments

Peoria North Apartments

2112-2117 N Linn St

1204 NE Madison Ave

Tiffany Pointe

Stewarts Glen & Ravine

Peoria Flats

3405 Kingston Dr

412 E Arcadia Ave
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.

Hurlburt House

Woodhue Apartments

Cityscape

Woods + Meadow Apartments

1504 W Tiffany Dr

Sandmeyer Flats

Kellar Commons

1502 W Tiffany Dr

Hanssler Court Apartments

Churchview Garden Homes

Glen Oak Manor Condominium Townhomes

Willow Way

Schlarman House

805 W Pine Hill Ln

Briargate Apartments

Forrest Hill Apartments

Oakridge

415-421 W Forrest Lawn Ave

5812 W Farmington Rd

Kingsway Apartments
Peoria, IL Local Guide

How much does it cost to rent an apartment in Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Peoria Studio Apartments | $1,020 | $700 | $1,500 |
| Cheap Peoria 1 Bedroom Apartments | $1,187 | $695 | $2,250 |
| Cheap Peoria 2 Bedroom Apartments | $1,386 | $547 | $2,675 |
| Cheap Peoria 3 Bedroom Apartments | $1,382 | $620 | $2,162 |
| Cheap Peoria 4 Bedroom Apartments | $630 | $630 | $630 |
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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 $890.
What is the price of a cheap apartment in Peoria?
The cheapest apartment in Peoria is Knoxville Manor Apartments which is listed at $775, while the average apartment in Peoria costs $1,673.
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 112 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 $271 which is $1,402 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

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.

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.