2209 West Krause Avenue
PeoriaIL61605
Cheap Homes for Rent in Central South Neighborhood of Peoria, IL from $400 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Central South area of Peoria.
422 S Louisa St
PeoriaIL61605
1104 W Smith St
PeoriaIL61605
1314 W Butler St
PeoriaIL61605
5917 W Plank Rd
BellevueIL61604
714 E Kansas St
PeoriaIL61603
824 W Mac Queen Ave
PeoriaIL61604
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.
1516 S Lydia Ave
PeoriaIL61605
1613 W Kettelle St
PeoriaIL61605
1006 E Behrends Ave
PeoriaIL61603
1829 S Stanley St
PeoriaIL61605
721 S Matthew St
PeoriaIL61605
1531 S Lydia Ave
PeoriaIL61605
1117 NE Glendale Ave
PeoriaIL61603
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.
1610 S Lydia Ave
PeoriaIL61605
911 N Sheridan Rd
PeoriaIL61606
2019 S Elizabeth St
PeoriaIL61605
1825 S Kneer Ave
PeoriaIL61605
800 E Nebraska Ave
PeoriaIL61603
412 E Arcadia Ave
PeoriaIL61603
1806 N Peoria Ave
PeoriaIL61603
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.
5812 W Farmington Rd
PeoriaIL61604
Showing Results 1-22, Page 1 of 1
Central South, Peoria, IL Local Guide
How much does it cost to rent a home in Central South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central South 2 Bedroom Homes for Rent | $952 | $400 | $1,500 |
| Central South 3 Bedroom Homes for Rent | $1,147 | $650 | $1,750 |
| Central South 4 Bedroom Homes for Rent | $1,144 | $590 | $2,100 |
| Central South 5 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Central South 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Central South Neighborhood of Peoria, IL.
Explore Peoria
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
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 $795. Crestwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. 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 | $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 |
| Brandywine Crossing Apartments | 1 Bedroom G | 1BR,1BA | $876 |
Best Value Apartments for Rent in Central South, IL
As of June 11, 2026 the best value apartment in the Central South 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 Central South 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 Central South 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 |
| 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 | $1.31 |
| 109 Stewart St, Unit 2 | 109 Stewart St | 1BR,1BA | $1.00 |
| 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 |
Frequently Asked Questions about Central South
What type of rentals are currently available in Central South?
There are currently 151 Apartments for Rent in Central South, IL with pricing that ranges from $547 to $2,500. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central South ranging from $400 to $2,800.
What is the current price range for Rental Homes in Central South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central South ranges from $400 to $2,800 with an average monthly rent of $1,432.
How much are larger Three and Four Bedroom Rentals in Central South?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central South range from $620 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $1,750. Four Bedroom Single-Family rentals are also available starting from $590 and Four Bedroom Apartments start at $630.
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.