
Low Income Apartments for Rent in Peoria, IL (7 Rentals)


Churchview Garden Homes

ASPEN BLUFF APARTMENTS
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Lincoln Terrace Apartments

The Heartland Affordable Senior Housing

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Peoria, IL Local Guide

How much does it cost to rent an apartment in Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peoria Low Income Studio Apartments | $998 | $700 | $1,500 |
| Peoria Low Income 1 Bedroom Apartments | $1,183 | $775 | $2,500 |
| Peoria Low Income 2 Bedroom Apartments | $1,356 | $547 | $2,675 |
| Peoria Low Income 3 Bedroom Apartments | $1,339 | $620 | $2,297 |
| Peoria Low Income 4 Bedroom Apartments | $630 | $630 | $630 |
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Peoria, IL Local Guide

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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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 Overview
If you are looking for a new place to call home, Peoria, IL might just be calling your name. With numerous landmarks, beautiful weather, and scenic views, you are sure to feel right at home in no time. While looking into a apartments in Peoria, take note of some of the reasons that living in the city is a great idea.
Why live in Peoria, IL?
Peoria is a fantastic place to live, with many opportunities for entertainment. The city is the largest on the Illinois River, with beautiful views. There are no shortage of places to get in your outdoor fix and experience nature around the city, with over 9000 acres in parks. Peoria is also Illinois’s oldest urbanized area. If you are someone who values pleasant fellow residents, Peoria ranks high on the Top 10 Best Mannered Cities for the entire nation on a consistent basis, so you are sure to make a few new friends in no time. Additionally, if you are looking to further your education, you need look no further, as the opportunities abound.
Best Local Schools in Peoria, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Low Income Peoria Apartments
What is the Cheapest Low Income apartment in Peoria?
Currently the most affordable Low Income Apartment in Peoria is at Lincoln Terrace Apartments listed at $547.
How much is the average rent for a Low Income Peoria Apartment?
The average rent for a Low Income Apartment in Peoria is $926.
What is the largest Low Income Peoria Apartment for rent?
Today's Low Income apartment with the most square footage in Peoria is a 1,200 square feet unit starting from $547 at Lincoln Terrace Apartments.
What is the average size for Peoria Low Income Apartments for rent?
The average size for a Low Income rental in Peoria is currently at 670 sq ft.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.