
Cheap Apartments for Rent in the Warehouse District Peoria, IL from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Warehouse District area of Peoria.


Churchview Garden Homes

1411 W Barker Ave

Total Monthly Price
Civic Center Plaza Apartments

Marquette Place
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.

1113 W Moss Ave

812 SW Washington St

Hurlburt House

Cityscape Apartments

Twin Towers Place
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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.
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 | $1,113 | $575 | $1,500 |
| Warehouse District 1 Bedroom Apartments | $1,572 | $650 | $2,500 |
| Warehouse District 2 Bedroom Apartments | $2,048 | $750 | $2,470 |
| Warehouse District 3 Bedroom Apartments | $1,453 | $975 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Warehouse District Neighborhood of Peoria, IL.
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $650 |
| Churchview Garden Homes | 1 Bedroom | 1BR,1BA | $750 |
| Civic Center Plaza Apartments | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1113 W Moss Ave | A | 2BR,1BA | $0.79 |
| 407 N Glenwood Ave | 407 N Glenwood Ave | 3BR,1BA | $1.48 |
| Adams Street Center | 1 Bed 1 Bath | 1BR,1BA | $1.92 |
| Adams & Oak | Studio | Studio ,1BA | $1.90 |
| Lofts at Waterfront Place | 1BR/1.0BA | 1BR,1BA | $1.69 |
| Winkler Place | 1BD 1BTH | 1BR,1BA | $1.59 |
| Churchview Garden Homes | 1 Bedroom | 1BR,1BA | $1.17 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.06 |
| Civic Center Plaza Apartments | Studio | Studio ,1BA | $1.38 |
| Magnolia Lofts | Studio | Studio ,1BA | $1.90 |
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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 #15
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 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

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.

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.

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.

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.