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Cheap Apartments for Rent in Peoria, IL

Cheap Apartments for Rent in Peoria, IL. 75 Rentals Available
75 Rentals Available
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Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,200

Apartments Under $800

  • A living room with a black couch and a red and white rug.
    New units available 8 units available
    Ask for pricing
    Income restricted
    Verified Listing

    3.5 (11)
    601 W 5Th Street, Peoria, IL 61605
    Apply online • Pet friendly
  • a living room with a couch and a chair and a bed
    New units available
    Studio $788+
    1 bd $965+
    2 bd $1,400+
    Base rent
    Verified Listing

    4.5 (6)
    331 Fulton Street, Peoria, IL 61602
    Apply online • Pet friendly

Apartments Under $900

  • A spacious living room with a patterned carpet and a fireplace.
    Studio $809+
    1 bd $960+
    2 bd $1,120+
    Base rent
    Verified Listing

    4.0 (15)
    2900 W War Memorial Drive, Peoria, IL 61615
    Apply online • Pet friendly
  • a living room with a stone fireplace and a tv
    18 units available
    1 bd $876
    2 bd $1,004
    Base rent
    Verified Listing

    4.5 (1)
    4010 N. Brandywine Drive, Peoria, IL 61614
    Apply online • Pet friendly
  • A living room with a white couch, a glass coffee table, and a flat-screen TV mounted on the wall.
    Rewards New units available
    1 bd $899
    2 bd $999
    Base rent
    Verified Listing

    3525 Kingston Dr, Peoria, IL 61604
    Apply online • Pet friendly

Apartments Under $1,000

  • a living room and dining room with a table and chairs
    5 units available
    2 bd $979
    Base rent
    Verified Listing

    4.5 (1)
    6709 N Terra Vista Dr., Peoria, IL 61614
    Apply online • Pet friendly
  • A living room with a white ceiling fan and a large window.
    Rent specials Rewards
    2 bd $999
    Base rent
    Verified Listing

    4.5 (1)
    1811 Kingsway Drive, Peoria, IL 61614
    Apply online • Pet friendly

Apartments Under $1,200

  • A kitchen with white cabinets and a black stove top oven.
    6 units available
    1 bd $1,120
    2 bd $1,170+
    3 bd $1,575
    Total monthly cost
    Verified Listing

    7150 N Terra Vista Dr, Peoria, IL 61614
    Apply online • Pet friendly
  • a living room with chairs and tables and a window
    Ask for pricing
    Verified Listing

    707 N.E. Madison,, Peoria, IL 61603
    Pet friendly
9-0-city

Frequently asked questions

What is the price of a cheap apartment in Peoria, IL?

The price range of a cheap apartment is between $788 and $1,964.

How many cheap rentals are available in Peoria, IL on RentCafe?

There are 49 cheap rentals available on RentCafe. Prices and availability in Peoria, IL were last updated on 6 Jun 2026.

What is the average size of a cheap apartment in Peoria, IL?

The average Peoria, IL cheap apartment size is 816 sq. ft.

What are the advantages of renting a cheap apartment in Peoria, IL?

Cheap apartments in Peoria, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Peoria, IL?

A cheap apartment in Peoria, IL offers little storage space and fewer amenities compared to other apartments.