Cheap Apartments for Rent in the Fairfax Addition Neighborhood of Peoria, IL from $400 (56 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Fairfax Addition area of Peoria.

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.

Read Article

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.

Read Article
close
View Me
International Place
Studio to 2 Bedroom Apartments

International Place

6500 N University StPeoria, IL 61614
  • Utilities Included
close
View Me
Pine Hill
1 to 2 Bedroom Apartments

Pine Hill

806-808 W Pine Hill LnPeoria, IL 61614
  • Utilities Included
close
View Me
Richwoods Plaza
1 to 2 Bedroom Apartments

Richwoods Plaza

6709 N University StPeoria, IL 61614
  • Utilities Included
close
View Me
1833 N Wisconsin Ave
Studio to 1 Bedroom Apartments

1833 N Wisconsin Ave

1833 N Wisconsin AvePeoria, IL 61603
  • Utilities Included

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.

Read Article
close
View Me
2112-2117 N Linn St
1 Bedroom Apartments

2112-2117 N Linn St

2112-2117 N Linn StPeoria, IL 61604
  • Utilities Included
close
View Me
Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
close
View Me
Woods + Meadow Apartments
Studio to 1 Bedroom Apartments

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
Corporate Housing
  • Utilities Included
close
View Me
Kellar Commons
1 to 2 Bedroom Apartments

Kellar Commons

6517 N Lexington DrPeoria, IL 61614
  • Utilities Included

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.

Read Article
close
View Me
Sandmeyer Flats
Studio to 2 Bedroom Apartments

Sandmeyer Flats

601-607 NW Bryan StPeoria, IL 61603
close
View Me
Glen Oak Manor
2 Bedroom Apartments

Glen Oak Manor

2310 N Wisconsin AvePeoria, IL 61603
close
View Me
Schlarman House
1 Bedroom Apartments

Schlarman House

707 Madison Ave NEPeoria, IL 61603
Senior Living
  • Utilities Included
close
View Me
Briargate Apartments
1 to 2 Bedroom Apartments

Briargate Apartments

7217 N University StPeoria, IL 61614
  • Utilities Included
close
View Me
Kingsway Apartments
1 to 2 Bedroom Apartments

Kingsway Apartments

1811 W Kingsway DrPeoria, IL 61614
  • Utilities Included

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.

Read Article
Showing Results 1-50, Page 1 of 2

Fairfax Addition, Peoria, IL Local Guide

Cheapest Available Fairfax Addition Apartments for Rent

 

The cheapest available apartment rental in the Fairfax Addition area of Peoria, IL is a 1 Bed unit found at Knoxville Manor Apartments priced from $775. The Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Fairfax Addition apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
Knoxville Manor ApartmentsLevel 21BR,1BA$775
The Avenue Apartments1B/ 1BA1BR,1BA$795
Glen Oak Manor2BR/1.0BA2BR,1BA$800
Hollybrook Apartments1 bedroom1BR,1BA$825
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
The Village on UniversityKing Remodel at Village NorthStudio,1BA$855
Willow Knolls ApartmentsStudio / 1 BathStudio,1BA$875
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$880
Glen Willows2 Bedroom 1 Bathroom2BR,1BA$925

Best Value Apartments for Rent in Fairfax Addition, IL

As of July 29, 2026 the best value apartment in the Fairfax Addition area is the $1.27 price per square foot 3 Bedroom Model at 107 NE Roanoke Ave in the in the Averyville neighborhood starting from $1,525. The second greatest value Fairfax Addition apartment is the 2 Bedroom, 2 Bath Model at Camden Hills Apartments starting at $1,300 with a $1.23 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Fairfax Addition apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
107 NE Roanoke Ave3 Bedroom3BR,1BA$1.27
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.23
Covington Court ApartmentsCC2BR2BR,2BA$1.26
Covington Place2BR/1.5BA Signature In Unit Wash/Dryer2BR,1.5BA$1.15
Glen Willows2 Bedroom 1 Bathroom2BR,1BA$1.06
Versailles ApartmentsHamlet - 1BR / 1BA1BR,1BA$1.13
Hollybrook Apartments1 bedroom1BR,1BA$1.06
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.18
Glen Oak Manor2BR/1.0BA2BR,1BA$1.23
1401 E Richwoods Blvd, Unit 31401 E Richwoods Blvd1BR,1BA$1.08

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
Decorative image

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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Fairfax Addition, Peoria, IL

Ranked #7

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Fairfax Addition, Peoria, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States and customized analysis for Central Peoria. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fairfax Addition Apartments

What is the Cheapest Studio apartment in Fairfax Addition?

Currently the most affordable Cheap Studio Apartment in Fairfax Addition is at Willow Knolls Apartments listed at $849.

How much is rent for a Cheap One Bedroom Fairfax Addition Apartment?

The lowest price for a Cheap One Bedroom Fairfax Addition Apartment is $775 at Knoxville Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Fairfax Addition Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairfax Addition is starting from $800 at Glen Oak Manor.

What is the most affordable Fairfax Addition Three Bedroom Apartment?

The best deal on a cheap Fairfax Addition Three Bedroom Apartment rental is at The Grove Apartments and starts from $1,475.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.