Cheap Apartments for Rent in the Northmoor Knolls Neighborhood of Peoria, IL from $400 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northmoor Knolls area of Peoria.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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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.

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International Place
Studio to 2 Bedroom Apartments

International Place

6500 N University StPeoria, IL 61614
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Pine Hill
1 to 2 Bedroom Apartments

Pine Hill

806-808 W Pine Hill LnPeoria, IL 61614
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Brookview Apartments
Studio to 2 Bedroom Apartments

Brookview Apartments

2820 W War Memorial DrPeoria, IL 61615
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Richwoods Plaza
1 to 2 Bedroom Apartments

Richwoods Plaza

6709 N University StPeoria, IL 61614
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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
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Woods + Meadow Apartments
Studio to 1 Bedroom Apartments

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
Corporate Housing
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Kellar Commons
1 to 2 Bedroom Apartments

Kellar Commons

6517 N Lexington DrPeoria, IL 61614
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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.

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Willow Way
1 to 2 Bedroom Apartments

Willow Way

2630 W Willowlake DrPeoria, IL 61614
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Kingsway Apartments
1 to 2 Bedroom Apartments

Kingsway Apartments

1811 W Kingsway DrPeoria, IL 61614
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Briargate Apartments
1 to 2 Bedroom Apartments

Briargate Apartments

7217 N University StPeoria, IL 61614
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Oakridge
1 to 3 Bedroom Apartments

Oakridge

2700-2714 W Willow Lake DrPeoria, IL 61614
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Savannah Meadows
1 to 2 Bedroom Apartments

Savannah Meadows

751 W Joan CtPeoria, IL 61614
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Royal Highlander
2 to 3 Bedroom Apartments

Royal Highlander

826-830 W Inverness StPeoria, IL 61615

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.

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Northmoor Knolls, Peoria, IL Local Guide

Cheapest Available Northmoor Knolls Apartments for Rent

 

The cheapest available apartment rental in the Northmoor Knolls area of Peoria, IL is a Studio unit found at Willow Knolls Apartments priced from $750. Nordic Villa Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Northmoor Knolls apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
Willow Knolls ApartmentsStudioStudio,1BA$750
Nordic Villa ApartmentsLoft1BR,1BA$825
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Hollybrook Apartments1 bedroom1BR,1BA$825
Brandywine Crossing Apartments1 Bedroom G1BR,1BA$876
The Village on UniversityCollins at Village South1BR,1BA$895
Knoxville Manor ApartmentsLevel 21BR,1BA$900
Glen Willows2 Bedroom 1 Bathroom2BR,1BA$925
Forest Hills Apartments1x11BR,1BA$950
Flats at DunlapOne Bedroom, One Bathroom1BR,1BA$975

Best Value Apartments for Rent in Northmoor Knolls, IL

As of April 28, 2026 the best value apartment in the Northmoor Knolls area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Northmoor Knolls 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 Northmoor Knolls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.18
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.23
Versailles ApartmentsCrown - 2BR / 1BA2BR,1BA$1.06
Covington Place2BR/1.5BA Signature In Unit Wash/Dryer2BR,1.5BA$1.15
Glen Willows2 Bedroom 1 Bathroom2BR,1BA$1.06
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.15
Forest Hills Apartments1x11BR,1BA$1.12
Hollybrook Apartments1 bedroom1BR,1BA$1.06
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.18
Nordic Villa ApartmentsLoft1BR,1BA$1.18

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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Cash 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.

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Quick 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.

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Best Local Schools in
Northmoor Knolls, Peoria, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Northmoor Knolls, Peoria, and the greater Peoria area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, features that make it easier to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Northmoor Knolls Apartments

How much is rent for a Cheap One Bedroom Northmoor Knolls Apartment?

The lowest price for a Cheap One Bedroom Northmoor Knolls Apartment is $825 at Crestwood Apartments.

What is the lowest price for a Cheap Two Bedroom Northmoor Knolls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Northmoor Knolls is starting from $850 at Crestwood Apartments.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.