
Cheap Apartments for Rent in the Warehouse District Peoria, IL from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Warehouse District area of Peoria.


422 S Louisa St

1314 W Butler St

1515 W Callender Ave

The Avenue 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.

1611 W Barker Ave

721 S Matthew St

Civic Center Plaza Apartments

1411 W Barker Ave

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.

Hurlburt House

Churchview Garden Homes

Cityscape Apartments

1613 W Kettelle St

Twin Towers Place
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.
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 | $1,157 | $795 | $1,550 |
| Warehouse District 1 Bedroom Apartments | $1,691 | $795 | $2,250 |
| Warehouse District 2 Bedroom Apartments | $1,981 | $800 | $2,275 |
| Warehouse District 3 Bedroom Apartments | $1,750 | $1,700 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 15 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 $795. 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 | $795 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
| 812 Lofts | Studio | Studio,1BA | $1,050 |
| Winkler Lofts | Studio/Loft | Studio,1BA | $1,095 |
| Winkler Place | Studio Loft | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Warehouse District, IL
As of June 20, 2026 the best value apartment in the Warehouse District area is the $1.96 price per square foot 2 Bedroom Model at Adams & Oak in the in the Moss Bradley neighborhood starting from $1,900. The second greatest value Warehouse District apartment is the 2 Bedroom Model at Marquette Place starting at $1,375 with a $1.51 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. |
|---|---|---|---|
| Adams & Oak | 2 Bedroom | 2BR,2BA | $1.96 |
| Marquette Place | 2 Bedroom | 2BR,2BA | $1.51 |
| Blutowne | A1c-B2 | 1BR,1BA | $2.37 |
| Winkler Place | 1BD 1BTH | 1BR,1BA | $1.59 |
| Chic Apartments | 1 Bed/Bath | 1BR,1BA | $2.35 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.29 |
| Civic Center Plaza Apartments | Studio | Studio ,1BA | $1.38 |
| 812 Lofts | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
| Winkler Lofts | Studio/Loft | Studio ,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.
Read ArticleReal 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.
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 #17
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 $795 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 $850 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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.