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  17. Building Photo - 1401 E Richwoods Blvd
    1 BED, 1 BATH
    $700
    Total Monthly Price Total Monthly Price New
    Base Rent$700
    Required Monthly FeesNone
    Total Monthly Price$700

    1401 E Richwoods Blvd Unit 3

    1401 E Richwoods Blvd, Peoria, IL 61603
    Apply
  19. Building Photo - Cityscape
    Rent Special
    Rent Special
    2 BEDS
    $711+
    3 BEDS
    $818+

    Cityscape

    601 W Romeo B Garrett Ave, Peoria, IL 61605
  42. Building Photo - 5 Williamsburg Ct
    2 BEDS, 1 BATH
    $800
    Total Monthly Price Total Monthly Price New
    Base Rent$800
    Required Monthly FeesNone
    Total Monthly Price$800

    5 Williamsburg Ct Unit D

    5 Williamsburg Ct, Pekin, IL 61554
Showing 42 of 248 results, Page 1 of 6

Peoria at a Glance

Average Rent

$1,053
(All bedrooms and property types)
Learn more about
Average Rent in Peoria
4

School Rating

out of 10 Rating
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Schools in Peoria

Peoria, IL Cheap Apartments for Rent

When looking for cheap apartments in Peoria, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Peoria.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 248 cheap apartments available in Peoria Apartment Finder is the place to find your next rental.

Renting in Peoria

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Peoria

(For 1 bedroom apartments)

Education

GreatSchools Rating
Richwoods High School

Public High School

Public
Grades 9-12
1,615 Students
GreatSchools Rating
Limestone Community High School

Public High School

Public
Grades 9-12
854 Students
GreatSchools Rating
Peoria High School

Public High School

Public
Grades 9-12
1,264 Students
GreatSchools Rating
Manual High School

Public High School

Public
Grades 9-12
659 Students
GreatSchools Rating
Ridgeview Elementary School

Public Elementary School

Public
Grades K-5
433 Students
GreatSchools Rating
Northmoor-Edison Primary School

Public Elementary School

Public
Grades K-5
363 Students
GreatSchools Rating
Charter Oak Primary School

Public Elementary School

Public
Grades K-5
341 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Peoria

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Peoria Apartments for Rent in Your Budget

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