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Cheap Apartments for Rent in Peoria, IL - 53 Rentals available

Apartments Under $500

Apartments Under $600

Apartments Under $700


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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

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

The price range of a cheap apartment is between $450 and $1,239. Find cheap apartments in Peoria, IL.

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

There are 46 cheap rentals available on RENTCafé. Prices and availability in Peoria, IL were last updated on 17 Jan 2021.

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

The average Peoria, IL cheap apartment size is 633 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. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Peoria, IL.

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%

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