Cheap Homes for Rent in Central South Neighborhood of Peoria, IL from $400 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 710 N Swords Ave

710 N Swords Ave

West PeoriaIL61604
Showing Results 1-35, Page 1 of 1

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 Linn St Commons priced from $600. The Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Central South apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Civic Center Plaza ApartmentsStudioStudio,1BA$803
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$850
Brandywine Crossing Apartments1 Bedroom G1BR,1BA$850
Crestwood Apartments2 bed 1 bath *2BR,1BA$850
Forrest Edge Apartments2 bed 1.5 bath2BR,1BA$875
Westporte ApartmentsWP1B1BR,1BA$890
EMR Apartments1/1 Standard1BR,1BA$949

Best Value Apartments for Rent in Central South, IL

As of November 12, 2025 the best value apartment in the Central South area is the $0.90 price per square foot 501 W Columbia Ter Model at 501 W Columbia Ter, Unit 3 in the in the Averyville neighborhood starting from $1,350. The second greatest value Central South apartment is the HO36012B Model at Hidden Oaks Apartments starting at $1,390 with a $1.36 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 ListingModel NameBed/BathPrice Per Sq.Ft.
501 W Columbia Ter, Unit 3501 W Columbia Ter3BR,1BA$0.90
Hidden Oaks ApartmentsHO36012B2BR,2BA$1.36
2315 N Bigelow St, Unit A2315 N Bigelow St2BR,1BA$0.83
Crestwood Apartments2 bed 1 bath *2BR,1BA$0.94
Stonecrest2 Bedroom2BR,1BA$1.17
Linn St Commons1BR/1BA1BR,1BA$0.87
Brandywine Crossing Apartments1 Bedroom1BR,1BA$1.38
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$1.42

Frequently Asked Questions about Central South

What type of rentals are currently available in Central South?

There are currently 155 Apartments for Rent in Central South, IL with pricing that ranges from $575 to $3,300. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central South ranging from $495 to $3,000.

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 $495 to $3,000 with an average monthly rent of $1,307.

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 $1,150 to $1,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $699 to $2,600. Four Bedroom Single-Family rentals are also available starting from $744 and Four Bedroom Apartments start at $3,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.