
Cheap Homes for Rent in Averyville Neighborhood of Peoria, IL from $500 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Averyville area of Peoria.


714 E Kansas St

824 W Mac Queen Ave

1006 E Behrends Ave

1117 NE Glendale Ave

911 N Sheridan Rd
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.

800 E Nebraska Ave

811 E Lake Ave

412 E Arcadia Ave

1806 N Peoria Ave

526 Fairholm Ave

1714 NE Monroe St
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.

1411 W Barker Ave

4028 N Illinois Ave, Unit 4

308 E Archer Ave

905 W Thrush Ave

617 E Republic St

611 Phelps St
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.

627 Fairholm Ave

2006 N Bigelow St
Averyville, Peoria, IL Local Guide

How much does it cost to rent a home in Averyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Averyville 2 Bedroom Homes for Rent | $1,098 | $733 | $1,600 |
| Averyville 3 Bedroom Homes for Rent | $1,137 | $700 | $1,750 |
| Averyville 4 Bedroom Homes for Rent | $885 | $590 | $1,200 |
| Averyville 5 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Averyville 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Averyville Neighborhood of Peoria, IL.
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Averyville, Peoria, IL Local Guide
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Cheapest Available Averyville Apartments for Rent
 The cheapest available apartment rental in the Averyville area of Peoria, IL is a 1 Bed unit found at The Avenue Apartments priced from $795. Crestwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Averyville apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| Brandywine Crossing Apartments | 1 Bedroom G | 1BR,1BA | $876 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Averyville, IL
As of June 11, 2026 the best value apartment in the Averyville 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 Averyville apartment is the 3 Bedroom Model at 107 NE Roanoke Ave starting at $1,525 with a $1.27 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for Averyville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 W Columbia Ter | 501 W Columbia Ter | 3BR,1BA | $0.93 |
| 107 NE Roanoke Ave | 3 Bedroom | 3BR,1BA | $1.27 |
| Carriage Hill Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| Lofts at Waterfront Place | 1BR/1.0BA | 1BR,1BA | $1.63 |
| Marquette Place | 2 Bedroom | 2BR,2BA | $1.51 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $1.03 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Brandywine Crossing Apartments | 1 Bedroom G | 1BR,1BA | $1.35 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.29 |
| Civic Center Plaza Apartments | Studio | Studio ,1BA | $1.38 |
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 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.
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.
Pet Friendly LifestyleAveryville, Peoria, IL
Ranked #19
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Averyville, Peoria, IL
Glen Oak Community Learning Center
School data provided by Great Schools
Frequently Asked Questions about Averyville
What type of rentals are currently available in Averyville?
There are currently 81 Apartments for Rent in Averyville, IL with pricing that ranges from $777 to $1,550. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Averyville ranging from $590 to $2,800.
What is the current price range for Rental Homes in Averyville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Averyville ranges from $590 to $2,800 with an average monthly rent of $1,564.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.