Cheap Apartments for Rent in the Warehouse District Peoria, IL from $500 (10 Rentals)

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

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The Avenue Apartments
$575 - $800
Total Monthly Price

Total Monthly Price

Base Rent
$535 - $760
Required Monthly Fees
$40

Total Monthly Price
$575 - $800
Studio to 2 Bedroom Apartments Available Now

The Avenue Apartments

900 W Moss AvePeoria, IL 61606
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1411 W Barker Ave

$800 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$800 - $1,200

Total Monthly Price
$800 - $1,200

2 To 3 Bedroom Homes for Rent

Available Jun 1

1411 W Barker Ave

PeoriaIL61606

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Hurlburt House
1 Bedroom Apartments

Hurlburt House

818 W Hurlburt StPeoria, IL 61605
Senior Living
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Cityscape Apartments
2 to 3 Bedroom Apartments

Cityscape Apartments

601 W Romeo B Garrett AvePeoria, IL 61605
  • 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

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Warehouse District, Peoria, IL Local Guide

Cheapest Available Warehouse District Apartments for Rent

 

The cheapest available apartment rental in the Warehouse District area of Peoria, IL is a 1 Bed unit found at The Avenue Apartments priced from $650. Churchview Garden Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Warehouse District apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
Churchview Garden Homes1 Bedroom1BR,1BA$750
Civic Center Plaza ApartmentsStudioStudio,1BA$825

Best Value Apartments for Rent in Warehouse District, IL

As of March 22, 2026 the best value apartment in the Warehouse District area is the $0.79 price per square foot A Model at 1113 W Moss Ave in the in the Averyville neighborhood starting from $950. The second greatest value Warehouse District apartment is the 407 N Glenwood Ave Model at 407 N Glenwood Ave starting at $1,500 with a $1.48 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for Warehouse District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1113 W Moss AveA2BR,1BA$0.79
407 N Glenwood Ave407 N Glenwood Ave3BR,1BA$1.48
Adams Street Center1 Bed 1 Bath1BR,1BA$1.92
Adams & OakStudioStudio ,1BA$1.90
Lofts at Waterfront Place1BR/1.0BA1BR,1BA$1.69
Winkler Place1BD 1BTH1BR,1BA$1.59
Churchview Garden Homes1 Bedroom1BR,1BA$1.17
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.38
Magnolia LoftsStudioStudio ,1BA$1.90

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Pet Friendly Lifestyle
Warehouse District, Peoria, IL

Ranked #15

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 Warehouse District Apartments

What is a cheap apartment in Warehouse District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Warehouse District is under $1,300.

What is the price of a cheap apartment in Warehouse District?

The cheapest apartment in Warehouse District is The Avenue Apartments which is listed at $650, while the average apartment in Warehouse District costs $2,207.

What types of apartments are the cheapest in Warehouse District?

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 6 regular apartments in Warehouse District 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 Warehouse District?

Cheap apartments in Warehouse District have an average cost of $371 which is $1,836 cheaper than the average rent for all rentals in Warehouse District.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.