
Cheap Studio Apartments for Rent in the North Peoria Neighborhood of Peoria, IL from $700 (10 Rentals)


Timberlane Apartments

Willow Knolls Apartments

The Village on University

Oak Woods Apartments
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.

International Place

1833 N Wisconsin Ave

Tiffany Pointe

Woods + Meadow Apartments

Forest Park Apartments
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.
North Peoria, Peoria, IL Local Guide

How much does it cost to rent an apartment in North Peoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
North Peoria Studio Apartments | $934 | $700 | $1,228 |
| North Peoria 1 Bedroom Apartments | $1,102 | $700 | $2,075 |
| North Peoria 2 Bedroom Apartments | $1,252 | $825 | $2,675 |
| North Peoria 3 Bedroom Apartments | $1,580 | $1,150 | $2,087 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the North Peoria Neighborhood of Peoria, IL.
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North Peoria, Peoria, IL Local Guide
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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 LifestyleNorth Peoria, Peoria, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in North Peoria, Peoria, IL
Northmoor-Edison Primary School
School data provided by Great Schools
Frequently Asked Questions about Cheap North Peoria Apartments
What is a cheap apartment in North Peoria?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Peoria is under $875.
What is the price of a cheap apartment in North Peoria?
The cheapest apartment in North Peoria is Hollow Hills Apartments which is listed at $825, while the average apartment in North Peoria costs $1,525.
What types of apartments are the cheapest in North Peoria?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in North Peoria that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in North Peoria?
Cheap apartments in North Peoria have an average cost of $256 which is $1,269 cheaper than the average rent for all rentals in North Peoria.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.