
Cheap Apartments for Rent in the Warehouse District Peoria, IL from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Warehouse District area of Peoria.


Churchview Garden Homes

1214 W Butler St

1220 W John H Gwynn Jr Ave

Civic Center Plaza Apartments
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.

1411 W Barker Ave

Marquette Place

1113 W Moss Ave

Hurlburt House

Cityscape Apartments
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.

Twin Towers Place
Warehouse District, Peoria, IL Local Guide

How much does it cost to rent an apartment in Warehouse District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Warehouse District Studio Apartments | $1,105 | $575 | $1,500 |
| Warehouse District 1 Bedroom Apartments | $1,593 | $650 | $2,500 |
| Warehouse District 2 Bedroom Apartments | $1,958 | $750 | $2,310 |
| Warehouse District 3 Bedroom Apartments | $1,225 | $975 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the Warehouse District Neighborhood of Peoria, IL.
See all Apartments in PeoriaExplore Peoria
Warehouse District, Peoria, IL Local Guide
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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. Civic Center Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Warehouse District apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $650 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| 1113 W Moss Ave | A | 2BR,1BA | $950 |
| 812 Lofts | Studio | Studio,1BA | $1,050 |
| Winkler Lofts | Studio/Loft | Studio,1BA | $1,095 |
Best Value Apartments for Rent in Warehouse District, IL
As of May 06, 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 One bedroom Model at Adams & Oak starting at $1,500 with a $1.71 price per square foot in the Moss Bradley neighborhood. Here is today’s list of the best values for Warehouse District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1113 W Moss Ave | A | 2BR,1BA | $0.79 |
| Adams & Oak | One bedroom | 1BR,1BA | $1.71 |
| Adams Street Center | 1 Bed 1 Bath | 1BR,1BA | $1.92 |
| Winkler Place | 1BD 1BTH | 1BR,1BA | $1.59 |
| Marquette Place | 1 Bedroom | 1BR,1BA | $1.80 |
| The Lofts at Waterfront Place | 1BR/1.0BA | 1BR,1BA | $2.05 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.06 |
| Civic Center Plaza Apartments | Studio | Studio ,1BA | $1.38 |
| Magnolia Lofts | Studio | Studio ,1BA | $2.00 |
| 812 Lofts | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleWarehouse District, Peoria, IL
Ranked #18
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Warehouse District Apartments
What is the Cheapest Studio apartment in Warehouse District?
Currently the most affordable Cheap Studio Apartment in Warehouse District is at Civic Center Plaza Apartments listed at $825.
How much is rent for a Cheap One Bedroom Warehouse District Apartment?
The lowest price for a Cheap One Bedroom Warehouse District Apartment is $650 at The Avenue Apartments.
What is the lowest price for a Cheap Two Bedroom Warehouse District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Warehouse District is starting from $750 at The Avenue 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.