close
View Me
$547 - $6302 to 4 Bedroom Apartments Available Soon
Lincoln Terrace Apartments
2825 W Ann StPeoria, IL 61605
Cheap Apartments for Rent in the Central South Neighborhood of Peoria, IL from $475 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central South area of Peoria.
1006 E Behrends Ave
PeoriaIL61603
close
View Me
$7771 Bedroom Apartments Available Soon
Glen Oak Towers
926 Main StPeoria, IL 61602
1209 North North Street
PeoriaIL61606
close
View Me
$795 - $875Studio to 2 Bedroom Apartments Available Now
The Avenue Apartments
900 W Moss AvePeoria, IL 61606
3116 N Molleck Dr
PeoriaIL61604
close
View Me
$825 - $9751 to 2 Bedroom Apartments Available Now
Crestwood Apartments
801-907 W Crestwood DrPeoria, IL 61614
close
View Me
$825 - $1,400Studio to 1 Bedroom Apartments Available Now
Civic Center Plaza Apartments
331 Fulton StPeoria, IL 61602
2210-2212 Knoxville Ave
PeoriaIL61603
close
View Me
Rent Specials
$850 - $1,1501 to 3 Bedroom Apartments Available Now
ASPEN BLUFF APARTMENTS
2600 N Lavalle CtPeoria, IL 61604
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
419 E Maywood Ave
PeoriaIL61603
close
View Me
$876 - $1,236Studio to 2 Bedroom Apartments Available Now
Brandywine Crossing Apartments
4010 N Brandywine DrPeoria, IL 61614
1125 W McClure Ave
PeoriaIL61604
218 W Virginia Ave
PeoriaIL61604
4204 N Columbus Ave
PeoriaIL61614
close
View Me
$900 - $1,375Studio to 2 Bedroom Apartments Available Now
Marquette Place
701 Main StPeoria, IL 61602
1806 N Peoria Ave
PeoriaIL61603
close
View Me
Studio to 1 Bedroom Apartments
1833 N Wisconsin Ave
1833 N Wisconsin AvePeoria, IL 61603
close
View Me
1 to 2 Bedroom Apartments
Madison Links Apartments
2405 Martin Luther King Jr DrPeoria, IL 61604
close
View Me
1 to 2 Bedroom Apartments
3013-3021 N Woodbine Ter
3013-3021 N Woodbine TerPeoria, IL 61604
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.
1315 W John H Gwynn Jr Ave
PeoriaIL61605
505 E Virginia Ave
PeoriaIL61603
close
View Me
1 Bedroom Apartments
1711 N Peoria Ave
1711 N Peoria AvePeoria, IL 61603
824 W Mac Queen Ave
PeoriaIL61604
close
View Me
1 to 2 Bedroom Apartments
Kingston Apartments
3525 N Kingston DrPeoria, IL 61604
close
View Me
2 Bedroom Apartments
Peoria North Apartments
126 E Lake AvePeoria, IL 61614
close
View Me
1 Bedroom Apartments
2112-2117 N Linn St
2112-2117 N Linn StPeoria, IL 61604
close
View Me
1 to 2 Bedroom Apartments
1204 NE Madison Ave
1204 NE Madison AvePeoria, IL 61603
517 Vine St
PeoriaIL61603
close
View Me
1 to 3 Bedroom Apartments
Stewarts Glen & Ravine
1517 W Gift AvePeoria, IL 61604
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.
1507 S Livingston St
PeoriaIL61605
close
View Me
1 to 3 Bedroom Apartments
Peoria Flats
2317-2331 Martin Luther King Jr DrPeoria, IL 61604
close
View Me
1 to 2 Bedroom Apartments
3405 Kingston Dr
3405 Kingston DrPeoria, IL 61604
1540 W Kettelle St
PeoriaIL61605
412 E Arcadia Ave
PeoriaIL61603
close
View Me
1 Bedroom Apartments
Hurlburt House
818 W Hurlburt StPeoria, IL 61605
close
View Me
2 to 3 Bedroom Apartments
Cityscape
601 W Romeo B Garrett AvePeoria, IL 61605
close
View Me
Studio to 2 Bedroom Apartments
Sandmeyer Flats
601-607 NW Bryan StPeoria, IL 61603
close
View Me
1 to 2 Bedroom Apartments
Hanssler Court Apartments
2612-2633 N Hanssler CtPeoria, IL 61604
close
View Me
1 to 3 Bedroom Apartments
Churchview Garden Homes
945 S Shelley StPeoria, IL 61605
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.
close
View Me
2 Bedroom Apartments
Glen Oak Manor
2310 N Wisconsin AvePeoria, IL 61603
close
View Me
1 Bedroom Apartments
Schlarman House
707 Madison Ave NEPeoria, IL 61603
close
View Me
1 Bedroom Apartments
600 W High St
600 W High StPeoria, IL 61606
730 E McClure Ave
PeoriaIL61603
3009 W Antoinette St
PeoriaIL61605
close
View Me
2 Bedroom Apartments
2920 N Woodbine Terr
2613 W Wardcliffe DrPeoria, IL 61604
close
View Me
2 Bedroom Apartments
Forrest Hill Apartments
2700 W Forrest Hill AvePeoria, IL 61604
2410 N Ellis St
PeoriaIL61604
601 Homestead Ave
PeoriaIL61603
1107 W Gilbert 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.
Showing Results 1-50, Page 1 of 2
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 | $1,130 | $650 | $1,600 |
| Central South 1 Bedroom Apartments | $1,385 | $775 | $2,500 |
| Central South 2 Bedroom Apartments | $1,315 | $547 | $2,260 |
| Central South 3 Bedroom Apartments | $1,180 | $620 | $1,800 |
| 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 60 rentals with your search options within a 2 mile radius of the Central South Neighborhood of Peoria, IL.
See all Apartments in PeoriaExplore Peoria
Central South, Peoria, IL Local Guide
- Nearby Peoria neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Central South Apartments for Rent
The cheapest available apartment rental in the Central South area of Peoria, IL is a 2 Beds unit found at Cityscape priced from $711. The Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Central South apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cityscape | 2 Bedroom | 2BR,2BA | $711 |
| 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 |
| ASPEN BLUFF APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $850 |
| 600 W High St | 1BR/1.0BA | 1BR,1BA | $850 |
| 2920 N Woodbine Terr | 2BR/1.0BA | 2BR,1BA | $855 |
| Marquette Place | Studio | Studio,1BA | $900 |
| 919 W Crestwood Dr | 2BR/1.5BA | 2BR,1BA | $995 |
| Brandywine Crossing Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,004 |
Best Value Apartments for Rent in Central South, IL
As of September 13, 2026 the best value apartment in the Central South area is the $0.95 price per square foot 2 BR Model at 511 W High St in the in the Averyville neighborhood starting from $2,100. The second greatest value Central South apartment is the 1405 W Barker Ave Model at 1405 W Barker Ave, Unit Bedroom 1 starting at $1,200 with a $1.06 price per square foot in the Averyville 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. |
|---|---|---|---|
| 511 W High St | 2 BR | 2BR,3BA | $0.95 |
| 1405 W Barker Ave, Unit Bedroom 1 | 1405 W Barker Ave | 1BR,1BA | $1.06 |
| Cityscape | 2 Bedroom | 2BR,2BA | $0.72 |
| Brandywine Crossing Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.14 |
| 2920 N Woodbine Terr | 2BR/1.0BA | 2BR,1BA | $1.01 |
| 919 W Crestwood Dr | 2BR/1.5BA | 2BR,1.5BA | $1.22 |
| Westporte Apartments | WP2B | 2BR,1BA | $1.31 |
| 600 W High St | 1BR/1.0BA | 1BR,1BA | $1.19 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.29 |
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 Article
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.
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 Article
Quick 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.
Let everyone know!
Do you know the Central South area?
If you’re an expert on all things Central South, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $1,004.
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 $795, while the average apartment in Central South costs $1,129.
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 33 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 $360 which is $769 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.