Cheap Apartments for Rent in the Willow Knolls Neighborhood of Peoria, IL from $500 (35 Rentals)

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

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.

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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.

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International Place
Studio to 2 Bedroom Apartments

International Place

6500 N University StPeoria, IL 61614
  • Utilities Included

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.

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Pine Hill
1 to 2 Bedroom Apartments

Pine Hill

806-808 W Pine Hill LnPeoria, IL 61614
  • Utilities Included
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Richwoods Plaza
1 to 2 Bedroom Apartments

Richwoods Plaza

6709 N University StPeoria, IL 61614
  • Utilities Included
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Briargate Apartments
1 to 2 Bedroom Apartments

Briargate Apartments

7217 N University StPeoria, IL 61614
  • Utilities Included
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Kellar Commons
1 to 2 Bedroom Apartments

Kellar Commons

6517 N Lexington DrPeoria, IL 61614
  • Utilities Included
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Kingsway Apartments
1 to 2 Bedroom Apartments

Kingsway Apartments

1811 W Kingsway DrPeoria, IL 61614
  • Utilities Included

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.

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Oakridge
1 to 3 Bedroom Apartments

Oakridge

2700-2714 W Willow Lake DrPeoria, IL 61614
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Willow Knolls, Peoria, IL Local Guide

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 ListingModel NameBed/BathPriced From
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Hollow HillsStudioStudio,1BA$700
Willow Knolls ApartmentsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
Willow Way1 bed 1 bath Unit 1 bldg 21BR,1BA$800
Old Orchard Trace ApartmentsOO1G1BR,1BA$800
Nordic Villa ApartmentsLoft1BR,1BA$825
The Village on UniversityTucker at Village North1BR,1BA$845
Brandywine Crossing Apartments1 Bedroom G1BR,1BA$850
Crestwood Apartments2 bed 1 bath *2BR,1BA$850

Best Value Apartments for Rent in Willow Knolls, IL

As of December 20, 2025 the best value apartment in the Willow Knolls area is the $1.08 price per square foot Two Bedrooms, Two Bathrooms Model at Flats at Dunlap in the in the Northmoor Knolls neighborhood starting from $1,075. The second greatest value Willow Knolls apartment is the 2 BR/1.5BA - 2nd/3rd floor Model at Covington Place starting at $925 with a $0.97 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Flats at DunlapTwo Bedrooms, Two Bathrooms2BR,2BA$1.08
Covington Place2 BR/1.5BA - 2nd/3rd floor2BR,1.5BA$0.97
Hollybrook Apartments2 bedroom 1. 5 bath2BR,1.5BA$0.90
Crestwood Apartments2 bed 1 bath *2BR,1BA$0.94
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.08
Forest Hill Apartments1x11BR,1BA$1.12
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.12
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.12
Hollow HillsStudioStudio ,1BA$1.08

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.

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The 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.

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Quick 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.

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Pet Friendly Lifestyle
Willow Knolls, Peoria, IL

Ranked #1

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Willow Knolls, Peoria, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap Willow Knolls Apartments

What is the Cheapest Studio apartment in Willow Knolls?

Currently the most affordable Cheap Studio Apartment in Willow Knolls is at Willow Knolls Apartments listed at $700.

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

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.