What are the average rent costs in Peoria, IL?

The average rent in Peoria, IL is $1,012.

What are the average rent costs of a studio apartment in Peoria, IL?

The average rent for a studio apartment in Peoria, IL is $858.

What are the average rent costs of a one bedroom apartment in Peoria, IL?

The average rent for a 1 bedroom apartment in Peoria, IL is $1,012.

What are the average rent costs of a two bedroom apartment in Peoria, IL?

The average rent for a 2 bedroom apartment in Peoria, IL is $1,222.

What are the average rent costs of a three bedroom apartment in Peoria, IL?

The average rent for a 3 bedroom apartment in Peoria, IL is $1,247.

What are the average rent costs of a four bedroom apartment in Peoria, IL?

The average rent for a 4 bedroom apartment in Peoria, IL is $799.

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Apartments under $500 for Rent in Peoria, IL

708 Rentals

$360 Off

Price Drop. $360 Off

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1 BED

$1,620+

2 BEDS

$2,190+

Blutowne

501 West Washington St, East Peoria, IL 61611

Call (309) 245-3522
1 BED

$850

Carriage Hill Apartments

3400 N Knoxville Ave, Peoria, IL 61603

Call (309) 322-9311
1 BED

$750+

2 BEDS

$850+

3 BEDS

$975+

Churchview Garden Homes

1429 W Antoinette St, Peoria, IL 61605

Call (309) 302-3049
1 BED

$825+

2 BEDS

$850+

Hollybrook Apartments

1420 W Glen Ave, Peoria, IL 61614

Call (309) 322-7787
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

Call (309) 857-7295
1 BED

$675

Knoxville Manor Apartments

4817 N Knoxville Ave, Peoria, IL 61614

Call (309) 271-1251
1 BED

$825+

2 BEDS

$850+

Crestwood Apartments

801-907 W Crestwood Dr, Peoria, IL 61614
1 BED

$825+

2 BEDS

$895+

Nordic Villa Apartments

3120 W Willow Knolls Dr, Peoria, IL 61614

Call (309) 322-9254
2 BEDS

$950

Hillcrest Apartments

6705-6835 N Terra Vista Dr, Peoria, IL 61614

Call (309) 276-0169
1 BED

$880+

2 BEDS

$975+

The Village on University

6516 University St N, Peoria, IL 61614

Call (309) 271-6317
1 BED

$850+

2 BEDS

$980+

Westporte Apartments

2805 W Larchmont Ln, Peoria, IL 61615

Call (309) 857-7163
1 BED

$875+

2 BEDS

$925+

Glen Willows

1416 W Glen Ave, Peoria, IL 61614

Call (309) 857-7475
1 BED

$880+

2 BEDS

$1,010+

Versailles Apartments

935 W Loire Ct, Peoria, IL 61614

Call (309) 857-0198
2 BEDS

$1,300

Camden Hills Apartments

2311 W Willow Knolls Dr, Peoria, IL 61614

Call (309) 204-9234
STUDIO

$825+

1 BED

$975+

Civic Center Plaza Apartments

331 Fulton St, Peoria, IL 61602

Call (309) 886-6836
1 BED

$850+

2 BEDS

$1,000+

Brandywine Crossing Apartments

4010 N Brandywine Dr, Peoria, IL 61614

Call (309) 271-0676
STUDIO

$950+

1 BED

$1,175+

2 BEDS

$1,400+

Marquette Place

701 Main St, Peoria, IL 61602

Call (309) 886-6188
Rent Special

Rent Special

1 BED

$1,695+

2 BEDS

$1,895+

Chic Apartments

1029 SW Adams St, Peoria, IL 61605

Call (309) 322-7642
1 BED

$975+

2 BEDS

$1,075+

3 BEDS

$1,350+

Flats at Dunlap

7150 N Terra Vista Dr, Peoria, IL 61614

Call (309) 216-6723
2 BEDS

$1,490

Frostwood Apartments

5617-5705 Frostwood Pky N, Peoria, IL 61615

Call (309) 271-1747
1 BED

$1,300

Lofts at Waterfront Place

311 SW Water St, Peoria, IL 61602

Call (309) 276-0135
1 BED

$850+

2 BEDS

$969+

3 BEDS

$1,150+

ASPEN BLUFF APARTMENTS

2600 N Lavalle Ct, Peoria, IL 61604

Call (309) 328-3114
1 BED

$1,229+

2 BEDS

$1,400+

Knoxville Pointe

1700 W Hickory Grove Rd, Dunlap, IL 61525

Call (309) 204-8891
1 BED

Call for Rent

The Heartland Affordable Senior Housing

607 Hightower St, Peoria, IL 61605
|

1 BED

$995+

2 BEDS

$1,195+

3 BEDS

$1,459+

The Grove Apartments

1526 W Candletree Dr, Peoria, IL 61614

Call (309) 271-1123
STUDIO

$1,095+

1 BED

$1,200+

Winkler Lofts

733 SW Washington St, Peoria, IL 61602

Call (309) 322-9245
1 BED

$1,050

EMR Apartments

1505 N Peoria Ave, Peoria, IL 61603

Call (309) 886-6343
STUDIO

$700+

1 BED

$775+

2 BEDS

$855+

Forest Park Apartments

1501 E Gardner Ln, Peoria Heights, IL 61616

Call (309) 886-6137
2 BEDS

$1,250

Dunlap Falls Apartments

6900 North Summershade Circle, Peoria, IL 61615

Call (309) 322-9192
1 BED

$1,336+

2 BEDS

$1,547+

Prairie Lakes Apartments

1700 W Coneflower Dr, Peoria, IL 61615

Call (309) 250-2914
2 BEDS

$1,045

Covington Place

1308 W Covington Ct, Peoria, IL 61614

Call (309) 328-8082
2 BEDS

$1,400

Hollow Creek

4105 W Hollow Creek Dr, Peoria, IL 61615

Call (309) 204-8710
2 BEDS

$1,390

Hidden Oaks Apartments

3602 Kingston Dr N, Peoria, IL 61604

Call (309) 306-7075
1 BED

$1,140

Old Orchard

6012 N Imperial Dr, Peoria, IL 61614

Call (309) 204-9505
1 BED

$1,100+

2 BEDS

$1,325+

Woodsage Apartments

9012 N Scrimshaw Dr, Peoria, IL 61615

Call (309) 857-7663
1 BED

$950+

2 BEDS

$1,150+

Stonecrest

828 NE Glen Oak Ave, Peoria, IL 61603

Call (309) 886-6185
1 BED

$950+

2 BEDS

$1,150+

Forest Hill Apartments

2901-2979 W Cannes Dr, Peoria, IL 61615

Call (309) 650-8143
1 BED

$1,450

Adams & Oak

810 SW Adams St, Peoria, IL 61602

Call (309) 271-6303
STUDIO

$1,400+

1 BED

$1,650+

2 BEDS

$1,850+

Adams Street Center

825 SW Adams St, Peoria, IL 61602

Call (309) 322-9912
STUDIO

$575+

1 BED

$650+

2 BEDS

$750+

The Avenue Apartments

900 W Moss Ave, Peoria, IL 61606

Call (309) 322-6951
STUDIO

$930+

1 BED

$1,030+

2 BEDS

$1,205+

Timberbrook Apartments

112 E Hines Pl, Peoria, IL 61614

Call (309) 886-6099
STUDIO

$809+

1 BED

$916+

2 BEDS

$1,085+

Timberlane Apartments

2900 W War Memorial Dr, Peoria, IL 61615

Call (309) 240-9993

Living & Renting in Peoria

Peoria at a Glance

Average Rent

$1,012

(All bedrooms and property types)

Learn more about

Average Rent in Peoria

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

Apartment Type Average Sq Ft Average Rent
Studio 544 Sq Ft $858 / mo
1 Bedroom 679 Sq Ft $1,012 / mo
2 Bedrooms 953 Sq Ft $1,222 / mo
3 Bedrooms 1,151 Sq Ft $1,247 / mo
4 Bedrooms 1,200 Sq Ft $799 / mo

Top Budget-Friendly Neighborhoods in Peoria

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
West Peoria 626 Sq Ft $905/mo
Williamsburg Estates 610 Sq Ft $1,051/mo
North Peoria 735 Sq Ft $1,100/mo
Downtown Peoria 716 Sq Ft $1,392/mo
Mount Hawley Manor 923 Sq Ft $1,474/mo
Warehouse Historic District 788 Sq Ft $1,720/mo

Education

College/University High School Elementary School

Illinois Central Coll., North North Campus

Bradley University

Private University

Illinois Central, Downtown Downtown Campus

Illinois Central, East Peoria East Peoria Campus

Public University

Illinois Central Coll., South South Campus

GreatSchools Rating

Richwoods High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

Limestone Community High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

Manual High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

Peoria High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

Ridgeview Elementary School

Public Elementary School

Public

Grades K-5

Students

Peoria Apartments for Rent in Your Budget

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Apartments under $500 for Rent in Peoria, IL

Living & Renting in Peoria

Peoria at a Glance

Average Rent

School Rating

Peoria, IL Apartments for Rent

Why Peoria?

Renting in Peoria

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Peoria

Education

Peoria Apartments for Rent in Your Budget

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