
Homes for Rent in Downtown Peoria Neighborhood of Peoria, IL Under $1,500 (70 Rentals)


602 E Republic St

924 N Rebecca Pl

2419 NE Madison Ave

926 N Rebecca Pl

905 N Rebecca Pl

506 N Institute Pl

627 Fairholm Ave

611 Phelps St

617 E Republic St
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.

1411 W Barker Ave

Furnished Studio-Peoria - North

2617 W Kansas St

721 S Matthew St

1314 W Butler St

2804 W Humboldt St

1006 E Behrends Ave

2023 N Underhill St

1214 N Douglas St

1829 S Stanley St
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.

422 S Louisa St

1610 S Lydia Ave

2006 N Bigelow St

2812 West Martin Luther King Junior Drive

1811 W Millman St

210 E Maywood Ave

1914 W Cashman Ct

1831 S Westmoreland Ave

823 W Bartlett Ct

2210 W Wiswall St
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.

306 E Virginia Ave

707 E Republic St

2847 W Howett St

2647 W Nebraska Ave

1516 S Lydia Ave

1531 S Lydia Ave

1104 W Smith St

1714 NE Monroe St

1117 NE Glendale Ave

908 E Maywood Ave

2209 West Krause Avenue

714 E Kansas St

1413 W Gilbert Ave

1822 N Sheridan Rd

500 W Lakewood Ave

1915 W Marlene Ave

4020 N Bryer Pl

1703 N Valley Ave

913 W McClure Ave

901 NE Glen Oak Ave
Downtown Peoria, Peoria, IL Local Guide

How much does it cost to rent a home in Downtown Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Peoria 2 Bedroom Homes for Rent | $1,073 | $400 | $2,295 |
| Downtown Peoria 3 Bedroom Homes for Rent | $1,162 | $650 | $1,750 |
| Downtown Peoria 4 Bedroom Homes for Rent | $1,149 | $590 | $2,100 |
| Downtown Peoria 5 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Downtown Peoria 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 70 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.
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.
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
What type of rentals are currently available in Downtown Peoria?
There are currently 150 Apartments for Rent in Downtown Peoria, IL with pricing that ranges from $547 to $2,675. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Peoria ranging from $400 to $2,800.
What is the current price range for Rental Homes in Downtown Peoria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Peoria ranges from $400 to $2,800 with an average monthly rent of $1,616.
How much are larger Three and Four Bedroom Rentals in Downtown Peoria?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Peoria 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.