
Cheap Apartments for Rent in the Willow Knolls Neighborhood of Peoria, IL from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Willow Knolls area of Peoria.


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Hollow Hills

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Versailles Apartments

Glenbrook Apartments

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Timberlane Apartments

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Nordic Villa Apartments

Hollybrook 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.

Crestwood Apartments

2608 W Willowlake Dr

Total Monthly Price
The Village on University

1304 W Jeth Ct

2315 W Cannes Dr

Brandywine Crossing Apartments

2408 W Pasmoso Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Glen Willows

International Place

Pine Hill

Richwoods Plaza

Tiffany Pointe

Woods + Meadow Apartments

1502 W Tiffany Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Kellar Commons

1504 W Tiffany Dr

Willow Way

Kingsway Apartments

805 W Pine Hill Ln

Briargate Apartments

Oakridge
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.
Willow Knolls, Peoria, IL Local Guide

How much does it cost to rent an apartment in Willow Knolls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Willow Knolls Studio Apartments | $946 | $700 | $1,199 |
| Willow Knolls 1 Bedroom Apartments | $1,002 | $675 | $1,900 |
| Willow Knolls 2 Bedroom Apartments | $1,233 | $850 | $2,675 |
| Willow Knolls 3 Bedroom Apartments | $1,846 | $1,100 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 1 mile radius of the Willow Knolls Neighborhood of Peoria, IL.
See all Apartments in PeoriaExplore Peoria
Willow Knolls, Peoria, IL Local Guide
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Cheapest Available Willow Knolls Apartments for Rent
 The cheapest available apartment rental in the Willow Knolls area of Peoria, IL is a 1 Bed unit found at Knoxville Manor Apartments priced from $675. Hollow Hills has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Willow Knolls apartments for rent in Peoria, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Knoxville Manor Apartments | Garden Level | 1BR,1BA | $675 |
| Hollow Hills | Studio | Studio,1BA | $700 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $795 |
| Woods + Meadow Apartments | One Bedroom Apartment in North Peoria | 1BR,1BA | $825 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $825 |
| Brandywine Crossing Apartments | 1 Bedroom G | 1BR,1BA | $850 |
| The Village on University | Collins at Village South | 1BR,1BA | $855 |
| Willow Knolls Apartments | Standard 1 Bed / 1 Bath (644-864 SF) | 1BR,1BA | $925 |
Best Value Apartments for Rent in Willow Knolls, IL
As of March 22, 2026 the best value apartment in the Willow Knolls area is the $1.17 price per square foot 8817 N Picture Ridge Rd Model at 8817 N Picture Ridge Rd, Unit Windows to private wooded in the in the Willow Knolls neighborhood starting from $1,750. The second greatest value Willow Knolls apartment is the Crown - 2BR / 1BA Model at Versailles Apartments starting at $1,025 with a $1.03 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Willow Knolls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8817 N Picture Ridge Rd, Unit Windows to private wooded | 8817 N Picture Ridge Rd | 1BR,1.5BA | $1.17 |
| Versailles Apartments | Crown - 2BR / 1BA | 2BR,1BA | $1.03 |
| Flats at Dunlap | Two Bedrooms, Two Bathrooms | 2BR,2BA | $1.08 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Glen Willows | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.08 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.12 |
| Forest Hill Apartments | 1x1 | 1BR,1BA | $1.12 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Woods + Meadow Apartments | One Bedroom Apartment in North Peoria | 1BR,1BA | $1.10 |
| Hollow Hills | Studio | Studio ,1BA | $1.08 |
10 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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 LifestyleWillow Knolls, Peoria, IL
Ranked #5
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Willow Knolls, Peoria, IL
Charles A Lindbergh Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Willow Knolls Apartments
How much is rent for a Cheap One Bedroom Willow Knolls Apartment?
The lowest price for a Cheap One Bedroom Willow Knolls Apartment is $675 at Knoxville Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Willow Knolls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Willow Knolls is starting from $850 at Crestwood Apartments.
What is the most affordable Willow Knolls Three Bedroom Apartment?
The best deal on a cheap Willow Knolls Three Bedroom Apartment rental is at Hollow Hills and starts from $1,100.
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.