Cheap Apartments for Rent in the Olde Towne North Neighborhood of Peoria, IL from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Olde Towne North area of Peoria.

property at 415 E Frye Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

415 E Frye Ave

PeoriaIL61603

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property at 319 W Nebraska Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

319 W Nebraska Ave

PeoriaIL61604
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1833 N Wisconsin Ave
Studio to 1 Bedroom Apartments

1833 N Wisconsin Ave

1833 N Wisconsin AvePeoria, IL 61603
  • Utilities Included

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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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Linn St Commons
1 Bedroom Apartments

Linn St Commons

2112-2117 N Linn StPeoria, IL 61604
  • Utilities Included
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Sandmeyer Flats
Studio to 2 Bedroom Apartments

Sandmeyer Flats

601-607 NW Bryan StPeoria, IL 61603
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Schlarman House
1 Bedroom Apartments

Schlarman House

707 Madison Ave NEPeoria, IL 61603
Senior Living
  • Utilities Included
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511 W High St
1 to 2 Bedroom Apartments

511 W High St

511 W High StPeoria, IL 61606
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Twin Towers Place
1 to 3 Bedroom Apartments

Twin Towers Place

123 SW Jefferson AvePeoria, IL 61602
  • Utilities Included
  • Smoke Free

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Olde Towne North, Peoria, IL Local Guide

Cheapest Available Olde Towne North Apartments for Rent

 

The cheapest available apartment rental in the Olde Towne North area of Peoria, IL is a Studio unit found at 107 NE Roanoke Ave priced from $750. Civic Center Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Olde Towne North apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
107 NE Roanoke AveStudioStudio,1BA$750
Civic Center Plaza ApartmentsStudioStudio,1BA$825
511 W High St1 BR1BR,1BA$950
EMR Apartments1/1 Standard1BR,1BA$1,050
Winkler LoftsStudio/LoftStudio,1BA$1,095

Best Value Apartments for Rent in Olde Towne North, IL

As of April 26, 2026 the best value apartment in the Olde Towne North area is the $1.66 price per square foot One bedroom Model at Adams & Oak in the in the Moss Bradley neighborhood starting from $1,450. The second greatest value Olde Towne North apartment is the 1 Bed 1 Bath Model at Adams Street Center starting at $1,650 with a $1.92 price per square foot in the Moss Bradley neighborhood. Here is today’s list of the best values for Olde Towne North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adams & OakOne bedroom1BR,1BA$1.66
Adams Street Center1 Bed 1 Bath1BR,1BA$1.92
511 W High St1 BR1BR,1BA$1.19
Winkler Place1BD 1BTH1BR,1BA$1.59
Marquette Place1 Bedroom1BR,1BA$1.80
The Lofts at Waterfront Place1BR/1.0BA1BR,1BA$2.05
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.38
107 NE Roanoke AveStudioStudio ,1BA$1.36
EMR Apartments1/1 Standard1BR,1BA$2.10
Winkler LoftsStudio/LoftStudio ,1BA$2.43

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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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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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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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Pet Friendly Lifestyle
Olde Towne North, Peoria, IL

Ranked #20

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Olde Towne North Apartments

What is the Cheapest Studio apartment in Olde Towne North?

Currently the most affordable Cheap Studio Apartment in Olde Towne North is at 107 NE Roanoke Ave listed at $750.

How much is rent for a Cheap One Bedroom Olde Towne North Apartment?

The lowest price for a Cheap One Bedroom Olde Towne North Apartment is $950 at 511 W High St.

What is the lowest price for a Cheap Two Bedroom Olde Towne North Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Olde Towne North is starting from $1,400 at Marquette Place.

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

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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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.