
Cheap Homes for Rent in Fairfax Addition Neighborhood of Peoria, IL from $700 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairfax Addition area of Peoria.


415 E Frye Ave

1411 W Barker Ave

2121 N Prospect Rd

724 E Gift Ave

813 W Saint James St

412 E Arcadia Ave
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.

1706 N Machin Ave

1812 North North Street

807 E Republic St

1910 North North Street

526 Fairholm Ave

613 Green St

3814 North Sheridan Knolls Court
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

602 E Ravine Ave

1125 W McClure Ave

611 Phelps St

627 Fairholm Ave

2212 N Ellis St

4026 N Illinois Ave

1020 E Kansas 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.

1312 E Wilson Ave

308 E Archer Ave

3118 N Finnell Ave

220 W Nebraska Ave

2211 N Flora Ave

3912 N New York Ave

3524 N Wisconsin Ave
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.
Fairfax Addition, Peoria, IL Local Guide

How much does it cost to rent a home in Fairfax Addition?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairfax Addition 2 Bedroom Homes for Rent | $1,071 | $733 | $1,500 |
| Fairfax Addition 3 Bedroom Homes for Rent | $1,334 | $802 | $2,400 |
| Fairfax Addition 4 Bedroom Homes for Rent | $1,357 | $1,200 | $1,500 |
| Fairfax Addition 5 Bedroom Homes for Rent | $1,937 | $1,750 | $2,125 |
| Fairfax Addition 6 Bedroom Homes for Rent | $2,600 | $2,400 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 28 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 The Avenue Apartments priced from $650. Knoxville Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Fairfax Addition apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $650 |
| Knoxville Manor Apartments | Garden Level | 1BR,1BA | $675 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $795 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Woods + Meadow Apartments | One Bedroom Apartment in North Peoria | 1BR,1BA | $825 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| The Village on University | Tucker at Village North | 1BR,1BA | $845 |
| Brandywine Crossing Apartments | 1 Bedroom G | 1BR,1BA | $850 |
| Carriage Hill Apartments | 1 Beds, 1 Baths | 1BR,1BA | $850 |
Best Value Apartments for Rent in Fairfax Addition, IL
As of March 15, 2026 the best value apartment in the Fairfax Addition area is the $0.95 price per square foot 2 BR Model at 511 W High St in the in the Averyville neighborhood starting from $2,100. The second greatest value Fairfax Addition apartment is the A Model at 1113 W Moss Ave starting at $1,000 with a $0.83 price per square foot in the Averyville 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. |
|---|---|---|---|
| 511 W High St | 2 BR | 2BR,3BA | $0.95 |
| 1113 W Moss Ave | A | 2BR,1BA | $0.83 |
| Versailles Apartments | Crown - 2BR / 1BA | 2BR,1BA | $1.03 |
| Flats at Dunlap | Two Bedrooms, Two Bathrooms | 2BR,2BA | $1.08 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Glen Willows | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.08 |
| 1702 W Tiffany Ct, Unit 4 | 1702 W Tiffany Ct | 2BR,1BA | $1.06 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Woods + Meadow Apartments | One Bedroom Apartment in North Peoria | 1BR,1BA | $1.10 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.06 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 #12
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
Frequently Asked Questions about Fairfax Addition
What type of rentals are currently available in Fairfax Addition?
There are currently 130 Apartments for Rent in Fairfax Addition, IL with pricing that ranges from $575 to $3,200. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairfax Addition ranging from $733 to $2,800.
What is the current price range for Rental Homes in Fairfax Addition?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairfax Addition ranges from $733 to $2,800 with an average monthly rent of $1,529.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.