Cheap Homes for Rent in Armstrong Ellis Neighborhood of Peoria, IL from $700 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in the Armstrong Ellis area of Peoria.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1411 W Barker Ave

$950 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,200

Total Monthly Price
$950 - $1,200

2 To 3 Bedroom Homes for Rent

Available Jun 1

1411 W Barker Ave

PeoriaIL61606
property at 617 E Republic St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

617 E Republic St

PeoriaIL61603
property at 817 W Nebraska Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

817 W Nebraska Ave

PeoriaIL61604

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 319 W Nebraska Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

319 W Nebraska Ave

PeoriaIL61604

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.

Cheapest Available Armstrong Ellis Apartments for Rent

 

The cheapest available apartment rental in the Armstrong Ellis area of Peoria, IL is a 1 Bed unit found at The Avenue Apartments priced from $650. 107 NE Roanoke Ave has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Armstrong Ellis apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
107 NE Roanoke AveStudioStudio,1BA$750
Civic Center Plaza ApartmentsStudioStudio,1BA$825
502 W High St1 Bedroom1BR,1BA$900
511 W High St1 BR1BR,1BA$950

Best Value Apartments for Rent in Armstrong Ellis, IL

As of May 12, 2026 the best value apartment in the Armstrong Ellis area is the $0.93 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter in the in the Averyville neighborhood starting from $1,400. The second greatest value Armstrong Ellis apartment is the A Model at 1113 W Moss Ave starting at $950 with a $0.79 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for Armstrong Ellis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
501 W Columbia Ter501 W Columbia Ter3BR,1BA$0.93
1113 W Moss AveA2BR,1BA$0.79
2133 N North St, Unit 21332133 N North St2BR,1BA$0.90
502 W High St1 Bedroom1BR,1BA$1.03
511 W High St1 BR1BR,1BA$1.19
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.38
107 NE Roanoke AveStudioStudio ,1BA$1.36
EMR Apartments1/1 Standard1BR,1BA$2.10
Marquette PlaceStudioStudio ,1BA$2.13

Frequently Asked Questions about Armstrong Ellis

What type of rentals are currently available in Armstrong Ellis?

There are currently 58 Apartments for Rent in Armstrong Ellis, IL with pricing that ranges from $575 to $1,550. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Armstrong Ellis ranging from $733 to $2,200.

What is the current price range for Rental Homes in Armstrong Ellis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Armstrong Ellis ranges from $733 to $2,200 with an average monthly rent of $1,482.

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

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.