1616 W Barker Ave
PeoriaIL61606
Cheap Apartments for Rent in the Central South Neighborhood of Peoria, IL from $400 (81 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central South area of Peoria.
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$547 - $6302 to 4 Bedroom Apartments Contact Us For Availability
Lincoln Terrace Apartments
2825 W Ann StPeoria, IL 61605
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$575 - $800Studio to 2 Bedroom Apartments Available Now
The Avenue Apartments
900 W Moss AvePeoria, IL 61606
800 S Greenlawn Ave
PeoriaIL61605
602 Haungs Ave
PeoriaIL61603
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$7502 Bedroom Apartments Available Now
400 E Thrush Ave, Unit A
400 E Thrush AvePeoria, IL 61603
1318 E Frye Ave
PeoriaIL61603
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$750
Total Monthly Price
Studio Apartment Available NowTotal Monthly Price
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$750
Total Monthly Price
$750
413 W Columbia Ter, Unit Studio, Unit Studio
413 W Columbia TerPeoria, IL 61606
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$750 - $1,0251 to 3 Bedroom Apartments Available Now
Churchview Garden Homes
1429 W Antoinette StPeoria, IL 61605
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$7771 Bedroom Apartments Contact Us For Availability
Glen Oak Towers
926 Main StPeoria, IL 61602
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.
1214 W Butler St
PeoriaIL61605
1516 S Lydia Ave
PeoriaIL61605
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$8001 Bedroom Apartments Available Now
511 West Elizabeth Street, Unit A
511 West Elizabeth StreetPeoria, IL 61606
112 E Maywood Ave
PeoriaIL61603
415 E Frye Ave
PeoriaIL61603
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$825 - $1,400Studio to 1 Bedroom Apartments Available Now
Civic Center Plaza Apartments
331 Fulton StPeoria, IL 61602
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$825 - $9751 to 2 Bedroom Apartments Available Now
Crestwood Apartments
801-907 W Crestwood DrPeoria, IL 61614
1531 S Lydia Ave
PeoriaIL61605
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$1,030 - $1,0802 Bedroom Apartments Available Now
Westporte Apartments
2805 W Larchmont LnPeoria, IL 61615
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$850 - $1,1501 to 3 Bedroom Apartments Available Now
ASPEN BLUFF APARTMENTS
2600 N Lavalle CtPeoria, IL 61604
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.
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Rent Specials
$850 - $9501 to 2 Bedroom Apartments Available Now
Carriage Hill Apartments
3400 N Knoxville AvePeoria, IL 61603
3400 Knoxville Ave
PeoriaIL61603
813 W Saint James St
PeoriaIL61606
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$8752 Bedroom Apartments Available Now
Forrest Edge Apartments
2700 W Forrest Hill AvePeoria, IL 61604
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$876 - $1,082Studio to 2 Bedroom Apartments Available Now
Brandywine Crossing Apartments
4010 N Brandywine DrPeoria, IL 61614
1605-1605 N Linn St
PeoriaIL61604
1820 N Peoria Ave
PeoriaIL61603
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$900 - $1,0251 Bedroom Apartments Available Now
502 W High St
502 W High StPeoria, IL 61606
506 Caroline St
PeoriaIL61603
2116 W Garden St
PeoriaIL61605
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$927 - $1,592Studio to 2 Bedroom Apartments Available May 27
Timberbrook Apartments
112 E Hines PlPeoria, IL 61614
211 W Richmond Ave
PeoriaIL61604
2211 N Flora Ave
PeoriaIL61604
1212 N Frink St
PeoriaIL61606
1411 W Barker Ave
PeoriaIL61606
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$9502 Bedroom Apartments Available Now
1113 W Moss Ave
1113 W Moss AvePeoria, IL 61606
2210-2212 Knoxville Ave
PeoriaIL61603
416 W Main St
PeoriaIL61606
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$950 - $1,450Studio to 2 Bedroom Apartments Available Now
Marquette Place
701 Main StPeoria, IL 61602
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$950 - $1,3001 Bedroom Apartments Available Now
511 W High St
511 W High StPeoria, IL 61606
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.
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$950 - $1,1501 to 2 Bedroom Apartments Contact Us For Availability
Stonecrest
828 NE Glen Oak AvePeoria, IL 61603
611 Phelps St
PeoriaIL61603
817 W Nebraska Ave
PeoriaIL61604
627 Fairholm Ave
PeoriaIL61603
319 W Nebraska Ave
PeoriaIL61604
2211 W Butler St
PeoriaIL61605
3502 N Sterling Ave
PeoriaIL61604
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Studio to 1 Bedroom Apartments
1833 N Wisconsin Ave
1833 N Wisconsin AvePeoria, IL 61603
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1 to 2 Bedroom Apartments
Madison Links Apartments
2405 Martin Luther King Jr DrPeoria, IL 61604
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1 to 2 Bedroom Apartments
3013-3021 N Woodbine Ter
3013-3021 N Woodbine TerPeoria, IL 61604
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.
Central South, Peoria, IL Local Guide
How much does it cost to rent an apartment in Central South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central South Studio Apartments | $996 | $575 | $1,500 |
| Central South 1 Bedroom Apartments | $1,325 | $650 | $2,500 |
| Central South 2 Bedroom Apartments | $1,398 | $547 | $2,310 |
| Central South 3 Bedroom Apartments | $1,269 | $620 | $2,500 |
| Central South 4 Bedroom Apartments | $630 | $630 | $630 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 81 rentals with your search options within a 2 mile radius of the Central South Neighborhood of Peoria, IL.
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Central South, Peoria, IL Local Guide
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Cheapest Available Central South Apartments for Rent
The cheapest available apartment rental in the Central South 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 Central South apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $650 |
| 107 NE Roanoke Ave | Studio | Studio,1BA | $750 |
| Churchview Garden Homes | 1 Bedroom | 1BR,1BA | $750 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| Carriage Hill Apartments | 1 Beds, 1 Baths | 1BR,1BA | $850 |
| Forrest Edge Apartments | 2 bed 1.5 bath | 2BR,1BA | $875 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Central South, IL
As of April 28, 2026 the best value apartment in the Central South area is the $0.79 price per square foot A Model at 1113 W Moss Ave in the in the Averyville neighborhood starting from $950. The second greatest value Central South apartment is the Three Bedrooms Two Bathroom Model at ASPEN BLUFF APARTMENTS starting at $1,150 with a $1.14 price per square foot in the Sunset Hills neighborhood. Here is today’s list of the best values for Central South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1113 W Moss Ave | A | 2BR,1BA | $0.79 |
| ASPEN BLUFF APARTMENTS | Three Bedrooms Two Bathroom | 3BR,2BA | $1.14 |
| Carriage Hill Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| 502 W High St | 1 Bedroom | 1BR,1BA | $1.03 |
| Westporte Apartments | WP2B | 2BR,1BA | $1.27 |
| 511 W High St | 1 BR | 1BR,1BA | $1.19 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Churchview Garden Homes | 1 Bedroom | 1BR,1BA | $1.17 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.06 |
| 107 NE Roanoke Ave | Studio | Studio ,1BA | $1.36 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleCash 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.
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.
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Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Peoria. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Central South Apartments
What is a cheap apartment in Central South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central South is under $900.
What is the price of a cheap apartment in Central South?
The cheapest apartment in Central South is The Avenue Apartments which is listed at $650, while the average apartment in Central South costs $1,163.
What types of apartments are the cheapest in Central South?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 30 regular apartments in Central South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Central South?
Cheap apartments in Central South have an average cost of $375 which is $788 cheaper than the average rent for all rentals in Central South.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.