Cheap Homes for Rent in Goose Lake Neighborhood of Peoria, IL from $400 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Goose Lake area of Peoria.

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.

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.

Goose Lake, Peoria, IL Local Guide

Cheapest Available Goose Lake Apartments for Rent

 

The cheapest available apartment rental in the Goose Lake area of Peoria, IL is a 1 Bed unit found at The Avenue Apartments priced from $650. Magnolia Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Goose Lake apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
Magnolia LoftsStudioStudio,1BA$1,050
812 LoftsStudioStudio,1BA$1,050

Best Value Apartments for Rent in Goose Lake, IL

As of June 27, 2025 the best value apartment in the Goose Lake area is the $0.92 price per square foot 1200 N Sheridan Rd Model at 1200 N Sheridan Rd, Unit 2 in the in the Averyville neighborhood starting from $1,100. The second greatest value Goose Lake apartment is the Studio + Den (BR) Model at Adams & Oak starting at $2,100 with a $1.80 price per square foot in the Moss Bradley neighborhood. Here is today’s list of the best values for Goose Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1200 N Sheridan Rd, Unit 21200 N Sheridan Rd2BR,1BA$0.92
Adams & OakStudio + Den (BR)1BR,2BA$1.80
Winkler Place1BD 1BTH1BR,1BA$1.59
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Magnolia LoftsStudioStudio ,1BA$1.96
812 Lofts1 Bed 1 Bath1BR,1BA$2.25
Winkler LoftsStudio/LoftStudio ,1BA$2.43

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Frequently Asked Questions about Goose Lake

What type of rentals are currently available in Goose Lake?

There are currently 45 Apartments for Rent in Goose Lake, IL with pricing that ranges from $575 to $2,400. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Goose Lake ranging from $450 to $2,400.

What is the current price range for Rental Homes in Goose Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Goose Lake ranges from $450 to $2,400 with an average monthly rent of $1,409.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.