Cheap Apartments for Rent in the 61607 ZIP Code of Peoria, IL from $300 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 61607 ZIP Code area of Peoria.

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.

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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.

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property at 408 N Glenwood Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Sep 1

408 N Glenwood Ave

PeoriaIL61606
property at 506 N Institute Pl

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

4 Bedroom, 1 Bath Home for Rent

Available Aug 1, 2027

506 N Institute Pl

PeoriaIL61606
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Sunnyridge Apartments
1 to 2 Bedroom Apartments

Sunnyridge Apartments

222 Sunnyridge CtPekin, IL 61554
  • Utilities Included
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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

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.

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1001 Veerman St
1 Bedroom Apartments

1001 Veerman St

1001 Veerman StPekin, IL 61554
  • Utilities Included
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8710 W Main St
Studio Apartments

8710 W Main St

8710 W Main StMapleton, IL 61547
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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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Vista Villa
1 to 2 Bedroom Apartments

Vista Villa

324 Buena Vista AvePekin, IL 61554
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609 S 3rd St
1 Bedroom Apartments

609 S 3rd St

609 S 3rd StPekin, IL 61554
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Hurlburt House
1 Bedroom Apartments

Hurlburt House

818 W Hurlburt StPeoria, IL 61605
Senior Living

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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740 Prince St
1 to 3 Bedroom Apartments

740 Prince St

740 Prince StPekin, IL 61554
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Lakeside
2 Bedroom Apartments

Lakeside

305 Lakeside AvePekin, IL 61554
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911 Hamilton St
1 to 3 Bedroom Apartments

911 Hamilton St

911 Hamilton StPekin, IL 61554

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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Showing Results 1-50, Page 1 of 2

Frequently Asked Questions about Cheap the 61607 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 61607 Apartment?

The lowest price for a Cheap One Bedroom 61607 Apartment is $1,517 at Versol.

What is the lowest price for a Cheap Two Bedroom 61607 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 61607 is starting from $1,690 at Waterline Bonita Springs.

What is the most affordable 61607 Three Bedroom Apartment?

The best deal on a cheap 61607 Three Bedroom Apartment rental is at Somerset Palms and starts from $2,065.

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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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 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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.