Cheap Apartments for Rent in the 61605 ZIP Code of Peoria, IL from $300 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 61605 ZIP Code area of Peoria.

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Hurlburt House
1 Bedroom Apartments

Hurlburt House

818 W Hurlburt StPeoria, IL 61605
Senior Living
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Cityscape
2 to 3 Bedroom Apartments

Cityscape

601 W Romeo B Garrett AvePeoria, IL 61605

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.

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.

property at 1809 W Laura Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
4 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1809 W Laura Ave

PeoriaIL61606

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 408 N Glenwood Ave
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
3 Bedroom, 1 Bath Home for Rent
Available Now
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408 N Glenwood Ave

PeoriaIL61606
property at 506 N Institute Pl
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
4 Bedroom, 1 Bath Home for Rent
Available Aug 1, 2027
Cost Per Sq.Ft.

506 N Institute Pl

PeoriaIL61606
property at 1026 N Elmwood Ave
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
3 Bedroom, 1 Bath Home for Rent
Available Jun 14, 2027

1026 N Elmwood Ave

PeoriaIL61606

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.

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Madison Links Apartments
1 to 2 Bedroom Apartments

Madison Links Apartments

2405 Martin Luther King Jr DrPeoria, IL 61604
  • Utilities Included
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Peoria Flats
1 to 3 Bedroom Apartments

Peoria Flats

2317-2331 Martin Luther King Jr DrPeoria, IL 61604
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600 W High St
1 Bedroom Apartments

600 W High St

600 W High StPeoria, IL 61606
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502 W High St
1 Bedroom Apartments

502 W High St

502 W High StPeoria, IL 61606

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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Kickapoo Apartments
1 to 2 Bedroom Apartments

Kickapoo Apartments

730 Main StPeoria, IL 61602
  • Utilities Included
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Murray Place
1 to 3 Bedroom Apartments

Murray Place

100 Walnut StPeoria, IL 61602
  • Utilities Included

Frequently Asked Questions about Cheap the 61605 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 61605 Apartment?

The lowest price for a Cheap One Bedroom 61605 Apartment is $1,324 at Autumn Breeze Apartments.

What is the lowest price for a Cheap Two Bedroom 61605 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 61605 is starting from $1,629 at Summerlake Meadows.

What is the most affordable 61605 Three Bedroom Apartment?

The best deal on a cheap 61605 Three Bedroom Apartment rental is at Deer Chase and starts from $1,615.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.