
Cheap Homes for Rent in the Fairfax Addition Neighborhood of Peoria, IL from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairfax Addition area of Peoria.


505 E Virginia Ave

715 W Thrush Ave

412 E Arcadia Ave
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.

609 Tracy St

400 E Thrush Ave

126-128 Fauber Ln

1006 E Behrends Ave
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.

730 E McClure Ave
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 | $1,086 | $575 | $2,295 |
| Fairfax Addition 3 Bedroom Homes for Rent | $1,261 | $680 | $1,750 |
| Fairfax Addition 4 Bedroom Homes for Rent | $1,488 | $528 | $3,200 |
| Fairfax Addition 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
| Fairfax Addition 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Knoxville Manor Apartments | Level 2 | 1BR,1BA | $775 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| Glen Oak Manor | 2BR/1.0BA | 2BR,1BA | $800 |
Best Value Apartments for Rent in Fairfax Addition, IL
As of July 30, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 107 NE Roanoke Ave | 3 Bedroom | 3BR,1BA | $1.27 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| Covington Court Apartments | CC2BR | 2BR,2BA | $1.26 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Versailles Apartments | Hamlet - 1BR / 1BA | 1BR,1BA | $1.13 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Glen Oak Manor | 2BR/1.0BA | 2BR,1BA | $1.23 |
| 1401 E Richwoods Blvd, Unit 3 | 1401 E Richwoods Blvd | 1BR,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 ArticleReal 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 LifestyleFairfax Addition, Peoria, IL
Ranked #7
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 120 Apartments for Rent in Fairfax Addition, IL with pricing that ranges from $695 to $2,675. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairfax Addition ranging from $528 to $4,500.
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 $528 to $4,500 with an average monthly rent of $2,089.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.