
Apartments for Rent in Peoria, IL Under $1,500 (213 Rentals)


Frostwood Apartments

Adams & Oak

Apartments at Grand Prairie

Prairie Lakes Apartments

The Lofts at Waterfront Place

Adams Street Center

Dunlap Falls Apartments

Hidden Oaks Apartments

Eagle Point Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Camden Hills Apartments

Covington Court Apartments

443 W High St

Old Orchard Trace Apartments

Magnolia Lofts

Woodsage Apartments

Winkler Place

Hollow Creek IV Apartments

Winkler Lofts

Cooperage 214
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.

Flats at Dunlap

Kellogg Place Apartments

Westporte Apartments

812 Lofts

228 E Oak Cliff Ct

Covington Place

919 W Crestwood Dr

Hillcrest Apartments

The Grove Apartments

Stonecrest
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.

Carriage Hill Apartments

511 W High St

Haymeadow Apartments

Timberbrook Apartments

Marquette Place

Brandywine Crossing Apartments

Nordic Villa Apartments

Glen Willows

The Village on University
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.

Forest Hills Apartments

Knoxville Manor

ASPEN BLUFF APARTMENTS

Timberlane Apartments

Hollybrook Apartments

Civic Center Plaza Apartments

Hollow Hills Apartments

Crestwood Apartments

Glenbrook Apartments

Willow Knolls 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 Under $1500 | $1,029 | $700 | $1,600 |
| Peoria 1 Bedroom Apartments Under $1500 | $1,220 | $695 | $2,500 |
| Peoria 2 Bedroom Apartments Under $1500 | $1,349 | $547 | $2,675 |
| Peoria 3 Bedroom Apartments Under $1500 | $1,377 | $620 | $2,042 |
| Peoria 4 Bedroom Apartments Under $1500 | $630 | $630 | $630 |
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Peoria, IL Local Guide
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Real 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.
Read ArticleQuick 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.
Best Local Schools in Peoria, IL
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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
Frequently Asked Questions about Peoria
How much are Studio apartments in Peoria?
There are currently 56 Studio Apartments in Peoria with rent ranges from $700 to $1,600 with an average price of $1,029.
What is the current price range for One Bedroom Peoria Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Peoria ranges from $695 to $2,500 with an average monthly rent of $1,220.
What does renting a Two Bedroom Apartment in Peoria cost?
The monthly rent prices of Two Bedroom Apartments currently available in Peoria range from $547 to $2,675. Today's average rental price for Two Bedrooms here is $1,349.
How expensive are Peoria Three Bedroom Apartments?
There are currently 27 Three Bedroom Apartments listings available in Peoria on ApartmentHomeLiving.com. The pricing ranges from $620 to $2,042 - averaging $1,377 for the location.
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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.
