Cheap Apartments for Rent in the Willow Knolls Neighborhood of Peoria, IL from $500 (31 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
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Pine Hill
1 to 2 Bedroom Apartments

Pine Hill

806-808 W Pine Hill LnPeoria, 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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Richwoods Plaza
1 to 2 Bedroom Apartments

Richwoods Plaza

6709 N University StPeoria, IL 61614
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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
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Kellar Commons
1 to 2 Bedroom Apartments

Kellar Commons

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

Kingsway Apartments

1811 W Kingsway DrPeoria, IL 61614
  • Utilities Included

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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Briargate Apartments
1 to 2 Bedroom Apartments

Briargate Apartments

7217 N University StPeoria, IL 61614
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Oakridge
1 to 3 Bedroom Apartments

Oakridge

2700-2714 W Willow Lake DrPeoria, IL 61614
  • Utilities Included
Showing Results 1-31, 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
Versailles ApartmentsMonarch - 1BR / 1BA1BR,1BA$740
The Village on UniversityTucker at Village North1BR,1BA$799
Willow Way1 bed 1 bath Unit 1 bldg 21BR,1BA$800
Nordic Villa ApartmentsLoft1BR,1BA$825
Westporte ApartmentsWP1B1BR,1BA$850
Crestwood Apartments2 bed 1 bath *2BR,1BA$850

Best Value Apartments for Rent in Willow Knolls, IL

As of February 02, 2026 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 bedroom 1. 5 bath Model at Hollybrook Apartments starting at $850 with a $0.90 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
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
Hollow HillsStudioStudio ,1BA$1.08
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.12
Versailles ApartmentsMonarch - 1BR / 1BA1BR,1BA$1.17

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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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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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 #3

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

Pet Friendliness Lifestyle Score

3.5
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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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.

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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.

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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.