Cheap Apartments for Rent in the Olde Towne North Neighborhood of Peoria, IL from $500 (19 Rentals)

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

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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1833 N Wisconsin Ave
Studio to 1 Bedroom Apartments

1833 N Wisconsin Ave

1833 N Wisconsin AvePeoria, IL 61603
  • Utilities Included

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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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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Twin Towers Place
1 to 3 Bedroom Apartments

Twin Towers Place

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

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.

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 1 Bed unit found at Linn St Commons priced from $600. Civic Center Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $803. Here are the most affordable Olde Towne North apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
Civic Center Plaza ApartmentsStudioStudio,1BA$803
EMR Apartments1/1 Standard1BR,1BA$949
Stonecrest2 Bedroom2BR,1BA$1,050
Winkler LoftsStudio/LoftStudio,1BA$1,095

Best Value Apartments for Rent in Olde Towne North, IL

As of December 05, 2025 the best value apartment in the Olde Towne North area is the $1.17 price per square foot 2 Bedroom Model at Stonecrest in the in the Averyville neighborhood starting from $1,050. 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.
Stonecrest2 Bedroom2BR,1BA$1.17
Adams Street Center1 Bed 1 Bath1BR,1BA$1.92
Adams & OakStudioStudio ,1BA$1.90
Lofts Partners, LLC1BR/1.0BA1BR,1BA$1.69
Winkler Place1BD 1BTH1BR,1BA$1.59
Linn St Commons1BR/1BA1BR,1BA$0.87
Marquette Place1 Bedroom1BR,1BA$1.76
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
EMR Apartments1/1 Standard1BR,1BA$1.90
Winkler LoftsStudio/LoftStudio ,1BA$2.43

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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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 #12

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

Pet Friendliness Lifestyle Score

3.0
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 Civic Center Plaza Apartments listed at $803.

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 $600 at Linn St Commons.

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 $1,050 at Stonecrest.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.