Cheap Apartments for Rent in the Windchime Neighborhood of Peoria, IL from $500 (31 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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
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Brookview Apartments
Studio to 2 Bedroom Apartments

Brookview Apartments

2820 W War Memorial DrPeoria, IL 61615
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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

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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Woods + Meadow Apartments
Studio to 1 Bedroom Apartments

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
Corporate Housing
  • Utilities Included
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Kellar Commons
1 to 2 Bedroom Apartments

Kellar Commons

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

Willow Way

2630 W Willowlake DrPeoria, IL 61614
  • Smoke Free
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Kingsway Apartments
1 to 2 Bedroom Apartments

Kingsway Apartments

1811 W Kingsway DrPeoria, IL 61614
  • Utilities Included

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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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

Windchime, Peoria, IL Local Guide

Cheapest Available Windchime Apartments for Rent

 

The cheapest available apartment rental in the Windchime area of Peoria, IL is a Studio unit found at Hollow Hills priced from $700. Willow Knolls Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Windchime apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
Hollow HillsStudioStudio,1BA$700
Willow Knolls ApartmentsStudioStudio,1BA$750
Nordic Villa ApartmentsLoft1BR,1BA$825
The Village on UniversityCollins at Village South1BR,1BA$895
Forest Hills Apartments1x11BR,1BA$950
Hillcrest Apartments2 BR / 1 BA2BR,1BA$979
Timberlane ApartmentsMarigold2BR,1BA$1,085
Flats at DunlapOne Bedroom, One Bathroom1BR,1BA$1,100
Woodsage Apartments1 Bedroom Unit1BR,1BA$1,145
The Grove ApartmentsStandard 2 Bed / 1.5 Bath2BR,1BA$1,175

Best Value Apartments for Rent in Windchime, IL

As of May 07, 2026 the best value apartment in the Windchime area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Windchime apartment is the HCIV2D2FB Model at Hollow Creek IV Apartments starting at $1,400 with a $1.15 price per square foot in the Windchime neighborhood. Here is today’s list of the best values for Windchime apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.18
Hollow Creek IV ApartmentsHCIV2D2FB2BR,2BA$1.15
Hollow Hills3 bedroom 2 bath3BR,2BA$1.33
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.23
Dunlap Falls ApartmentsHudson2BR,2BA$1.34
The Grove ApartmentsSignature 2 Bed / 1.5 Bath2BR,1.5BA$1.32
Kellogg Place ApartmentsStandard 2 Bed / 1 Bath (875 SF)2BR,1BA$1.37
Forest Hills Apartments1x11BR,1BA$1.12
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.15
Nordic Villa ApartmentsLoft1BR,1BA$1.18

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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Real 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.

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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States and customized analysis for Central Peoria. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Windchime Apartments

How much is rent for a Cheap One Bedroom Windchime Apartment?

The lowest price for a Cheap One Bedroom Windchime Apartment is $825 at Nordic Villa Apartments.

What is the lowest price for a Cheap Two Bedroom Windchime Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Windchime is starting from $895 at Nordic Villa Apartments.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.