
Cheap Homes for Rent in the Warehouse District Peoria, IL from $400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Warehouse District area of Peoria.


1220 W John H Gwynn Jr Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1319 W Aiken Ave

1411 W Barker Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

920 S Matthew St
Warehouse District, Peoria, IL Local Guide

How much does it cost to rent a home in Warehouse District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Warehouse District 2 Bedroom Homes for Rent | $763 | $485 | $950 |
| Warehouse District 3 Bedroom Homes for Rent | $1,175 | $950 | $1,400 |
| Warehouse District 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 2 Beds unit found at Cityscape priced from $711. The Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Warehouse District apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cityscape | 2 Bedroom | 2BR,2BA | $711 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| Civic Center Plaza Apartments | Studio | Studio,1BA | $825 |
Best Value Apartments for Rent in Warehouse District, IL
As of August 05, 2026 the best value apartment in the Warehouse District area is the $1.33 price per square foot 315 Main St Model at 315 Main St, Unit Loft A in the in the Averyville neighborhood starting from $2,000. The second greatest value Warehouse District apartment is the 616 N Cooper St Model at 616 N Cooper St, Unit A starting at $1,500 with a $1.03 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. |
|---|---|---|---|
| 315 Main St, Unit Loft A | 315 Main St | 2BR,2BA | $1.33 |
| 616 N Cooper St, Unit A | 616 N Cooper St | 2BR,1BA | $1.03 |
| Cityscape | 2 Bedroom | 2BR,2BA | $0.70 |
| The Lofts at Waterfront Place | 1BR/1.0BA | 1BR,1BA | $1.85 |
| Adams & Oak | One bedroom | 1BR,1BA | $1.76 |
| Cooperage 214 | 2 Beds, 1 bath | 2BR,1BA | $1.83 |
| Winkler Place | 1BD 1BTH | 1BR,1BA | $1.59 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.29 |
| Civic Center Plaza Apartments | Studio | Studio ,1BA | $1.38 |
| Magnolia Lofts | Studio | Studio ,1BA | $2.06 |
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 Warehouse District
What type of rentals are currently available in Warehouse District?
There are currently 44 Apartments for Rent in Warehouse District, IL with pricing that ranges from $795 to $2,260. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Warehouse District ranging from $485 to $1,600.
What is the current price range for Rental Homes in Warehouse District?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Warehouse District ranges from $485 to $1,600 with an average monthly rent of $943.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.