2615 W Hayes St
PeoriaIL61605
Cheap Homes for Rent in Peoria, IL from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Peoria.
1832 W Butler St
PeoriaIL61605
2807 W Nevada St
PeoriaIL61605
1631 N California Ave
PeoriaIL61603
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.
1804 N New York Ave
PeoriaIL61603
824 W Mac Queen Ave
PeoriaIL61604
3200 W Ann St
PeoriaIL61605
2051 N Gale Ave
PeoriaIL61604
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.
619 NE Rock Island Ave
PeoriaIL61603
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Peoria, IL Local Guide
View of Peoria Civic Center, Peoria City Hall, and Peoria's Twin Towers by Kevinmay is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peoria 2 Bedroom Homes for Rent | $1,057 | $495 | $2,300 |
| Peoria 3 Bedroom Homes for Rent | $1,387 | $595 | $2,400 |
| Peoria 4 Bedroom Homes for Rent | $1,645 | $1,600 | $1,700 |
| Peoria 5 Bedroom Homes for Rent | $2,080 | $850 | $3,800 |
| Peoria 6 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Peoria
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Peoria, IL Local Guide
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Cheapest Neighborhoods for Apartments in Peoria, IL
Pricing Updated: 07/24/2025Current apartment rentals in the Peoria, IL area range in price from $495 to $3,800 with an overall median price of $2,095. The three Peoria neighborhoods with the lowest median rent pricing are Near Northside at $650, Olde Towne North at $650, and East Bluff NHS at $650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Peoria Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Near Northside | $1,274 | $650 | 3 |
| Olde Towne North | $1,274 | $650 | 3 |
| East Bluff NHS | $1,600 | $650 | 10 |
| East Bluff United | $1,600 | $650 | 13 |
| Northmoore Hills | $1,725 | $950 | 10 |
| Willow Knolls | $1,725 | $1,450 | 3 |
| Windchime | $1,725 | $950 | 5 |
| Detweiller Marina | $1,750 | $650 | 19 |
| Joeanne Manor | $1,750 | $950 | 11 |
| Skyline Drive | $1,750 | $1,000 | 14 |
Cheapest Available Peoria Apartments for Rent
The cheapest available apartment rental in Peoria, IL is a 1 Bed unit found at Linn St Commons in the Averyville neighborhood priced from $600. The Avenue Apartments in the Averyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Peoria apartments for rent:
| 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 |
Best Value Apartments for Rent in Peoria, IL
As of July 24, 2025 the best value apartment in the Peoria area is the $0.66 price per square foot 3 Bed 1 Bath Model at 1512 E Gardner Ln in the in the Northmoor Knolls neighborhood starting from $795. The second greatest value Peoria apartment is the Crown - 2BR / 1BA Model at Versailles Apartments starting at $1,025 with a $1.03 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Peoria apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1512 E Gardner Ln | 3 Bed 1 Bath | 3BR,1BA | $0.66 |
| Versailles Apartments | Crown - 2BR / 1BA | 2BR,1BA | $1.03 |
| 3709 N Donna Ln, Unit 3709 | 3709 N Donna Ln | 3BR,1BA | $1.04 |
| 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 |
| Crescent Creek Apartments | 1x1 | 1BR,1BA | $0.88 |
| Brighton Woods | 1Bed1Bath | 1BR,1BA | $1.06 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Linn St Commons | 1BR/1BA | 1BR,1BA | $0.87 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.06 |
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Frequently Asked Questions about Peoria
What type of rentals are currently available in Peoria?
There are currently 235 Apartments for Rent in Peoria, IL with pricing that ranges from $575 to $2,675. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peoria ranging from $495 to $3,800.
What is the current price range for Rental Homes in Peoria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peoria ranges from $495 to $3,800 with an average monthly rent of $1,576.
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.
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.
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.
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.
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.