Cheap Apartments for Rent in the Olde Towne North Neighborhood of Peoria, IL from $500 (17 Rentals)

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

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.

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.

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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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2112-2117 N Linn St
1 Bedroom Apartments

2112-2117 N Linn St

2112-2117 N Linn StPeoria, IL 61604
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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

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 Civic Center Plaza Apartments priced from $825. Winkler Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Olde Towne North apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
Civic Center Plaza ApartmentsStudioStudio,1BA$825
Winkler LoftsStudio/LoftStudio,1BA$1,095
Winkler PlaceStudio Loft1BR,1BA$1,125
107 NE Roanoke Ave3 Bedroom3BR,1BA$1,525
Adams & OakOne bedroom1BR,1BA$1,650

Best Value Apartments for Rent in Olde Towne North, IL

As of July 26, 2026 the best value apartment in the Olde Towne North area is the $1.27 price per square foot 3 Bedroom Model at 107 NE Roanoke Ave in the in the Averyville neighborhood starting from $1,525. The second greatest value Olde Towne North apartment is the 2 Bed 1 Bath Model at Adams Street Center starting at $1,850 with a $1.69 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.
107 NE Roanoke Ave3 Bedroom3BR,1BA$1.27
Adams Street Center2 Bed 1 Bath2BR,1BA$1.69
The Lofts at Waterfront Place1BR/1.0BA1BR,1BA$1.85
Adams & OakOne bedroom1BR,1BA$1.76
Winkler Place1BD 1BTH1BR,1BA$1.59
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.38
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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Real 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.

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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 #22

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 Civic Center Plaza Apartments listed at $825.

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 $975 at Civic Center Plaza Apartments.

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 $1,850 at Adams Street Center.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

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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.