Cheap Apartments for Rent in Peotone, IL from $800 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Peotone.

29837 IL-50

Crest Apartments

Chelsea Garden

Thornwood Apartments
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.

Carriage Creek Apartments

Edenbridge Apartments

Richton Trail

St James Senior Apartments

Barberry Apartments

Olympic Village Apartments
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.

Pheasant Run

Edgewater Walk Apartments

Winchester Manor

Towers of Edgewater

Maple Leaf Apartments
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.

Oakwood Townhomes

Dynasty House Apartments

3333 Commercial Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

3554 Western Ave

1 Eagle Ln

159 Hemlock St
Peotone, IL Local Guide

How much does it cost to rent an apartment in Peotone?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peotone Studio Apartments | $911 | $800 | $1,035 |
Peotone 1 Bedroom Apartments | $1,526 | $875 | $4,578 |
Peotone 2 Bedroom Apartments | $2,157 | $1,025 | $5,399 |
Peotone 3 Bedroom Apartments | $2,392 | $1,388 | $6,608 |
Browse Top Apartments in Peotone
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Peotone, IL Local Guide
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Cheapest Available Peotone Apartments for Rent and Nearby
 The cheapest available apartment rental in Peotone, IL is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. Chelsea Garden in the West Lakes neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Peotone apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Crest Apartments | Studio | Studio,1BA | $800 |
Chelsea Garden | Studio, 1 bath | Studio,1BA | $900 |
St James Senior Apartments | Two Bedroom One Bath | 2BR,1BA | $1,159 |
Olympic Village Apartments | The Pine | 1BR,1BA | $1,201 |
Edenbridge Apartments | Senior Living 1x1 | 1BR,1BA | $1,295 |
21746 Jeffrey Avenue | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,330 |
Oakwood Townhomes | 1 Bedroom | 1BR,1BA | $1,365 |
Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1,375 |
The Residences at 159 Tinley Park Place | 1 Bedroom Small | 1BR,1BA | $1,449 |
6607 181st St | 2BD\2BA with Office | 2BR,2BA | $2,000 |
Best Value Apartments for Rent in Peotone, IL and Nearby
As of July 27, 2025 the best value apartment in the Peotone area is the $1.61 price per square foot 2BD\2BA with Office Model at 6607 181st St in the in the Brookside Glen neighborhood starting from $2,000. The second greatest value Peotone apartment is the 2 Bedroom 1 Bath Apartment Model at 21746 Jeffrey Avenue starting at $1,330 with a $1.52 price per square foot in the West Lakes neighborhood. Here is today’s list of the best values for Peotone apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6607 181st St | 2BD\2BA with Office | 2BR,2BA | $1.61 |
21746 Jeffrey Avenue | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.52 |
Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.71 |
Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 |
Oakwood Townhomes | 1 Bedroom | 1BR,1BA | $1.93 |
St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $1.92 |
The Residences at 159 Tinley Park Place | 1 Bedroom Small | 1BR,1BA | $2.30 |
Edenbridge Apartments | Senior Living 1x1 | 1BR,1BA | $2.16 |
Crest Apartments | Studio | Studio ,1BA | $1.78 |
Chelsea Garden | Studio, 1 bath | Studio ,1BA | $2.04 |
Quick Rent Budget Calculator
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Getting Around Peotone, IL
Walk Score®
20 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Peotone Apartments
How much is rent for a Cheap One Bedroom Peotone Apartment?
The lowest price for a Cheap One Bedroom Peotone Apartment is $875 at Crest Apartments.
What is the lowest price for a Cheap Two Bedroom Peotone Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Peotone is starting from $1,159 at St James Senior Apartments.
What is the most affordable Peotone Three Bedroom Apartment?
The best deal on a cheap Peotone Three Bedroom Apartment rental is at Olympic Village Apartments and starts from $1,640.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.