Cheap Apartments for Rent in the 61606 ZIP Code of Peoria, IL from $300 (32 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the 61606 ZIP Code area of Peoria.

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
Cost Per Sq.Ft.

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

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.

property at 1110 N Maplewood Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
3 Bedroom, 2.5 Bath Home for Rent
Available Aug 9, 2027
Cost Per Sq.Ft.
close
View Me
600 W High St
1 Bedroom Apartments

600 W High St

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

502 W High St

502 W High StPeoria, IL 61606

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.

close
View Me
Randolph Manor
1 Bedroom Apartments

Randolph Manor

255 NE Randolph AvePeoria, IL 61606
Corporate Housing
  • Utilities Included
close
View Me
107 NE Roanoke Ave
Studio to 3 Bedroom Apartments

107 NE Roanoke Ave

107 NE Roanoke AvePeoria, IL 61606

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.

close
View Me
Hurlburt House
1 Bedroom Apartments

Hurlburt House

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

Cityscape

601 W Romeo B Garrett AvePeoria, IL 61605
close
View Me
Kickapoo Apartments
1 to 2 Bedroom Apartments

Kickapoo Apartments

730 Main StPeoria, IL 61602
  • Utilities Included

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.

Frequently Asked Questions about Cheap the 61606 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 61606 Apartment?

The lowest price for a Cheap One Bedroom 61606 Apartment is $1,287 at The Legends at ChampionsGate.

What is the lowest price for a Cheap Two Bedroom 61606 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 61606 is starting from $1,346 at The Legends at ChampionsGate.

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.