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Apartments for Rent in Peoria, IL under $700 – 30 Rentals available

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Peoria, IL Demographics

  • Total Population114,512
  • Female 54,734
    Male 59,778
  • Median Age34.9

Peoria, IL Households

  • Total Number of Households46,280
  • Family 26,050
    Non-family 20,230
  • Children 13,275
    No Children 33,005
  • Average People Per Household2.39
  • Median Household Income$50,688
  • Median Housing Costs Per Month$844

Peoria, IL Education Statistics

  • No High School3%
  • Some High School32%
  • Some College26%
  • Associate Degree8%
  • Bachelor Degree19%
  • Graduate Degree12%

Apartments in Peoria, IL under $700

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $700?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 33 apartments for rent in Peoria, IL on which you’ll spend less than $700. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $700

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $700. The average rental size in Peoria, IL is 849 Sqft, but the $700 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!