
Cheap Apartments for Rent in Peoria, IL from $400 (98 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Peoria.


3417 Baskin Ridge

1113 W Moss Ave

1312 E Wilson Ave

Oak Woods Apartments

International Place

Brookview Apartments

Pine Hill

Richwoods Plaza

1833 N Wisconsin Ave

Madison Links Apartments

3013-3021 N Woodbine Ter

1711 N Peoria Ave

Kingston Apartments

Peoria North Apartments

1204 NE Madison Ave

Tiffany Pointe

Stewarts Glen & Ravine

Peoria Flats

3405 Kingston Dr

Hurlburt House

Woodhue Apartments

Kellar Commons

1504 W Tiffany Dr

1502 W Tiffany Dr

Sandmeyer Flats

Hanssler Court Apartments

Glen Oak Manor

Kingsway Apartments

Schlarman House

805 W Pine Hill Ln

Briargate Apartments

Cityscape Apartments

Oakridge

415-421 W Forrest Lawn Ave

Savannah Meadows

Twin Towers Place

Forest Park Apartments

928 S Stewart St

4026 N Illinois Ave

4026 N Illinois Ave

Montclair Terrace

Timberpoint Apartments

1107 Pekin Ave

Morning Side Manor Apartments

Hillside Apartments

1512 E Gardner Ln

The Hillsides
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 | $1,012 | $575 | $1,500 |
| Cheap Peoria 1 Bedroom Apartments | $1,169 | $600 | $2,513 |
| Cheap Peoria 2 Bedroom Apartments | $1,300 | $547 | $2,675 |
| Cheap Peoria 3 Bedroom Apartments | $1,483 | $620 | $3,200 |
| Cheap Peoria 4 Bedroom Apartments | $915 | $630 | $1,200 |
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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 $825.
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 $1,588.
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 87 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 $302 which is $1,286 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

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.

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.

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.

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.