Cheap Apartments for Rent in the Warehouse District Peoria, IL from $500 (5 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

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Hurlburt House
1 Bedroom Apartments

Hurlburt House

818 W Hurlburt StPeoria, IL 61605
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Cityscape Apartments
2 to 3 Bedroom Apartments

Cityscape Apartments

601 W Romeo B Garrett AvePeoria, IL 61605
  • Utilities Included

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. Civic Center Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $803. Here are the most affordable Warehouse District apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
Civic Center Plaza ApartmentsStudioStudio,1BA$803
Marquette PlaceStudioStudio,1BA$880

Best Value Apartments for Rent in Warehouse District, IL

As of May 25, 2025 the best value apartment in the Warehouse District area is the $1.96 price per square foot Studio Model at Adams & Oak in the in the Moss Bradley neighborhood starting from $1,550. The second greatest value Warehouse District apartment is the 1BR/1.0BA Model at Lofts Partners, LLC starting at $1,500 with a $2.01 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.
Adams & OakStudioStudio ,1BA$1.96
Lofts Partners, LLC1BR/1.0BA1BR,1BA$2.01
Winkler Place1BD 1BTH1BR,1BA$1.59
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
Persimmon LoftsSTUDIO UNFIRNISHEDStudio ,1BA$2.05
EMR Apartments1 BR Standard Utilities Included1BR,1BA$1.90
812 Lofts1 Bed 1 Bath1BR,1BA$2.25
Winkler LoftsStudio/LoftStudio ,1BA$2.43
Marquette PlaceStudioStudio ,1BA$1.98

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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 $803.

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

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.