
Cheap Apartments for Rent in the Fairfax Addition Neighborhood of Peoria, IL from $400 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairfax Addition area of Peoria.


1711 N Peoria Ave

Knoxville Manor Apartments

Willow Knolls Apartments

715 Spring St

715 W Ridge Rd

The Village on University

Woods + Meadow Apartments
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.

Glenbrook Apartments

1300 W Jeth Ct

Hollybrook Apartments

Crestwood Apartments
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Forest Park Apartments
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Fairfax Addition, Peoria, IL Local Guide

How much does it cost to rent an apartment in Fairfax Addition?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairfax Addition Studio Apartments | $834 | $575 | $1,409 |
| Fairfax Addition 1 Bedroom Apartments | $921 | $575 | $1,800 |
| Fairfax Addition 2 Bedroom Apartments | $1,159 | $700 | $2,675 |
| Fairfax Addition 3 Bedroom Apartments | $1,580 | $795 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 3 mile radius of the Fairfax Addition Neighborhood of Peoria, IL.
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Fairfax Addition, Peoria, IL Local Guide
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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 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 Fairfax Addition apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Linn St Commons | 1BR/1BA | 1BR,1BA | $600 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $650 |
| Knoxville Manor Apartments | Garden Level | 1BR,1BA | $675 |
| Willow Knolls Apartments | Studio | Studio,1BA | $700 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $725 |
| The Village on University | King at Village North | Studio,1BA | $725 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $775 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $775 |
| 1512 E Gardner Ln | 3 Bed 1 Bath | 3BR,1BA | $795 |
| Glen Oak Manor | 2BR/1.0BA | 2BR,1BA | $800 |
Best Value Apartments for Rent in Fairfax Addition, IL
As of October 26, 2025 the best value apartment in the Fairfax Addition 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 Fairfax Addition apartment is the 3 Bed 1 Bath Model at 1512 E Gardner Ln starting at $795 with a $0.66 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 W Columbia Ter, Unit 3 | 501 W Columbia Ter | 3BR,1BA | $0.90 |
| 1512 E Gardner Ln | 3 Bed 1 Bath | 3BR,1BA | $0.66 |
| 2315 N Bigelow St, Unit A | 2315 N Bigelow St | 2BR,1BA | $0.83 |
| Covington Place | 2 BR/1.5BA - 2nd/3rd floor | 2BR,1.5BA | $0.97 |
| Glen Willows | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.06 |
| Stonecrest | 2 Bedroom | 2BR,1BA | $1.06 |
| Versailles Apartments | Jewel - 1BR / 1BA | 1BR,1BA | $1.10 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $0.99 |
| Linn St Commons | 1BR/1BA | 1BR,1BA | $0.87 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.06 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 LifestyleFairfax Addition, Peoria, IL
Ranked #13
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $700.
How much is rent for a Cheap One Bedroom Fairfax Addition Apartment?
The lowest price for a Cheap One Bedroom Fairfax Addition Apartment is $600 at Linn St Commons.
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 $750 at The Avenue Apartments.
What is the most affordable Fairfax Addition Three Bedroom Apartment?
The best deal on a cheap Fairfax Addition Three Bedroom Apartment rental is at 1512 E Gardner Ln and starts from $795.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.






















