
Apartments for Rent in Peoria, IL Under $1,500 (140 Rentals)


Frostwood Apartments

Adams Street Center

Eagle Point Apartments

Old Orchard Trace Apartments

Camden Hills Apartments

Lofts Partners, LLC

Covington Court Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Apartments at Grand Prairie

Prairie Lakes Apartments

Dunlap Falls Apartments

Woodsage Apartments

245 NE Randolph Ave, Unit A

Winkler Lofts

812 Lofts

Hollow Creek IV Apartments
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.

Flats at Dunlap

3421 N Indiana Ave, Unit 3421 N Indiana Ave Peoria

Hillcrest Apartments

Forest Hill Apartments

Haymeadow Apartments

The Grove Apartments

Westporte Apartments
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.

1012 W Armstrong Ave, Unit 1012-1

Timberbrook Apartments

Kellogg Place Apartments

Forrest Edge Apartments

ASPEN BLUFF APARTMENTS

Brandywine Crossing Apartments

The Village on University
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Crestwood Apartments

Nordic Villa Apartments

Hollybrook Apartments

Timberlane Apartments

Civic Center Plaza Apartments

1200 N Orange St, Unit Basement Studio #4

Glenbrook 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 | $981 | $575 | $1,500 |
| Peoria 1 Bedroom Apartments Under $1500 | $1,209 | $495 | $2,500 |
| Peoria 2 Bedroom Apartments Under $1500 | $1,371 | $547 | $2,675 |
| Peoria 3 Bedroom Apartments Under $1500 | $1,395 | $620 | $3,200 |
| Peoria 4 Bedroom Apartments Under $1500 | $1,965 | $630 | $3,300 |
Browse Top Apartments in Peoria
See all Apartments in PeoriaExplore Peoria
Peoria, IL Local Guide
- Peoria Neighborhoods
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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 Peoria
How much are Studio apartments in Peoria?
There are currently 54 Studio Apartments in Peoria with rent ranges from $575 to $1,500 with an average price of $981.
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 $495 to $2,500 with an average monthly rent of $1,209.
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 $1,371.
How expensive are Peoria Three Bedroom Apartments?
There are currently 33 Three Bedroom Apartments listings available in Peoria on ApartmentHomeLiving.com. The pricing ranges from $620 to $3,200 - averaging $1,395 for the location.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.












