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Cheap Apartments for Rent in Peoria, IL

Cheap Apartments for Rent in Peoria, IL. 81 Rentals Available
81 Rentals Available
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Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

Apartments Under $800

  • 1 bd $700
    Base rent
    Verified Listing

    4207 North Atlantic Avenue, Peoria Heights, IL 61616
  • 13 units available
    Ask for pricing
    Income restricted
    Verified Listing

    3.5 (11)
    601 W 5Th Street, Peoria, IL 61605
    Apply online • Pet friendly • Pool
  • Studio $788+
    1 bd $930+
    2 bd $1,300+
    Base rent
    Verified Listing

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

Apartments Under $900

  • Studio $835+
    1 bd $964+
    2 bd $1,185+
    Base rent
    Verified Listing

    4.0 (15)
    2900 W War Memorial Drive, Peoria, IL 61615
    Apply online • Pet friendly • Fitness center
  • Rewards Only 3 units left
    1 bd $899
    Base rent
    Verified Listing

    3525 Kingston Dr, Peoria, IL 61604
    Apply online • Pet friendly • Parking
  • Rent specials Rewards
    1 bd $899
    2 bd $999
    Base rent
    Verified Listing

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

Apartments Under $1,000

  • 17 units available
    1 bd $927
    2 bd $1,004
    Base rent
    Verified Listing

    4.5 (1)
    4010 N. Brandywine Drive, Peoria, IL 61614
    Apply online • Pet friendly • Parking
  • 4 units available
    2 bd $979
    Base rent
    Verified Listing

    4.5 (1)
    6709 N Terra Vista Dr., Peoria, IL 61614
    Apply online • Pet friendly • Parking

Apartments Under $1,100

  • New units available 8 units available
    1 bd $1,090+
    2 bd $1,190+
    3 bd $1,615
    Total monthly cost
    Verified Listing

    7150 N Terra Vista Dr, Peoria, IL 61614
    Apply online • Pet friendly • Parking
10-0-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 $2,000.

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

There are 60 cheap rentals available on RentCafe. Prices and availability in Peoria, IL were last updated on 18 Jul 2026.

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

The average Peoria, IL cheap apartment size is 801 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.

Looking for a cheap apartment for rent in Peoria, IL? With RentCafe, finding an affordable apartment in Peoria, IL has never been easier. We feature 81 low-priced rentals directly from property managers, with rents lower than the Peoria, IL average. What is a cheap rent in Peoria, IL? The average apartment rent in Peoria is $1,175 per month so any rental south of $940 would be considered cheap here. On RentCafe, Peoria, IL rents go as low as $700/mo.