
Apartments for Rent in the Downtown Peoria Neighborhood of Peoria, IL Under $700 (24 Rentals)


2601 W Latrobe St

2710 W Antoinette St

1714 S Lydia Ave

1314 W Butler St

422 S Louisa St

1104 W Smith St

2209 West Krause Avenue
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.

714 E Kansas St

505 E Virginia Ave

1204 NE Madison Ave

Hurlburt House

Peoria Flats

Stewarts Glen & Ravine

Linn St Commons

Peoria North Apartments
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.

1711 N Peoria Ave

3013-3021 N Woodbine Ter

Madison Links Apartments

1833 N Wisconsin Ave

Oak Woods Apartments

1514 N Pierson Ave

1107 Pekin Ave

Meadows Apartments
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.
Downtown Peoria, Peoria, IL Local Guide

How much does it cost to rent an apartment in Downtown Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Peoria Studio Apartments | $1,096 | $795 | $1,500 |
| Downtown Peoria 1 Bedroom Apartments | $1,295 | $695 | $2,250 |
| Downtown Peoria 2 Bedroom Apartments | $1,530 | $547 | $2,675 |
| Downtown Peoria 3 Bedroom Apartments | $1,399 | $620 | $1,800 |
| Downtown Peoria 4 Bedroom Apartments | $630 | $630 | $630 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the Downtown Peoria Neighborhood of Peoria, IL.
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Downtown Peoria, Peoria, IL Local Guide
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Real 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.
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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 LifestyleDowntown Peoria, Peoria, IL
Ranked #3
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Peoria, Peoria, IL
School data provided by Great Schools
Frequently Asked Questions about Downtown Peoria
How much are Studio apartments in Downtown Peoria?
There are currently 51 Studio Apartments in Downtown Peoria with rent ranges from $795 to $1,500 with an average price of $1,096.
What is the current price range for One Bedroom Downtown Peoria Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Peoria ranges from $695 to $2,250 with an average monthly rent of $1,295.
What does renting a Two Bedroom Apartment in Downtown Peoria cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Peoria range from $547 to $2,675. Today's average rental price for Two Bedrooms here is $1,530.
How expensive are Downtown Peoria Three Bedroom Apartments?
There are currently 24 Three Bedroom Apartments listings available in Downtown Peoria on ApartmentHomeLiving.com. The pricing ranges from $620 to $1,800 - averaging $1,399 for the location.
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.