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Apartments under $2,000 for Rent in Peoria, IL

502 Rentals
.
  13. Exceptional Value
    STUDIO
    $1,050+
    1 BED
    $1,100+
    2 BEDS
    $1,200+
    3 BEDS
    $1,700+

    812 Lofts

    812-816 SW Washington St, Peoria, IL 61602
    (309) 857-7295
  40. Discounts
    Discounts
    STUDIO
    $700+
    1 BED
    $895+
    2 BEDS
    $1,000+
    3 BEDS
    $1,400+

    Hollow Hills

    4019 W Hollow Creek Dr, Peoria, IL 61615
    (309) 322-9856
Showing 42 of 161 results, Page 1 of 4

Living & Renting in Peoria

Peoria at a Glance

Average Rent

$1,027
(All bedrooms and property types)
Learn more about
Average Rent in Peoria
4

School Rating

out of 10 Rating
Learn more about
Schools in Peoria

Peoria, IL Apartments for Rent

Peoria is the oldest permanent European settlement in Illinois, established in 1691 along the scenic Illinois River in Central Illinois. With a population of over 113,000, this historic city serves as a major regional hub for healthcare, manufacturing, and education, home to the global headquarters of Caterpillar Inc. and Bradley University. If you're searching for apartments for rent in Peoria, you'll discover budget-friendly options, with one-bedroom units averaging around $986 per month and two-bedroom apartments at approximately $1,194-perfect for renters looking to save.

Peoria features diverse apartment communities across several appealing neighborhoods, including the Moss-Bradley district near Bradley University, Northwest Peoria close to The Shoppes at Grand Prairie, and the historic West Bluff area. Renters can explore 9,000 acres of parks, including Forest Park Nature Center and Glen Oak Park, which houses the Peoria Zoo and Luthy Botanical Garden. Downtown brings entertainment at the Peoria Civic Center and Peoria Riverfront Museum, while Grandview Drive offers impressive views of the Illinois River valley. The city's spot along major highways, plus strong job opportunities in healthcare, manufacturing, and education, makes it a smart pick for anyone wanting affordable living with easy access to work and fun.

Why Peoria?

  • The shops, restaurants, farmer’s market, and entertainment on the Peoria Riverfront.
  • Over 20 parks, five public golf courses, and the beautiful Riverplex Recreation Center.
  • The Heart of Illinois Fair, an annual event with rides, food, entertainment, and competitions.
  • A vibrant performing arts community that includes the symphony, ballet, and theater groups.
  • It’s the oldest community in Illinois with historic locations, such as beautiful Grandview Drive.
  • The University of Illinois College of Medicine and many healthcare industry headquarters.

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.

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