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Rooms for Rent in Peoria, IL
Living & Renting in Peoria
Peoria at a Glance
Peoria, IL Apartments for Rent
Settled in 1691 along the Illinois River, Peoria combines historic charm with modern appeal. As the oldest European settlement in Illinois, the city features attractions like the Peoria Riverfront Museum, Caterpillar Visitors Center, and a dynamic downtown area. Apartment seekers will find average rent prices of $929 for one-bedroom apartments and $1,178 for two-bedrooms, below the state average of $1,633.
The city's 9,000-acre park system includes the scenic Grandview Drive, which offers spectacular views of the Illinois River valley. Convenient access via Interstate 74 connects residents to major Midwest destinations. The local economy centers on healthcare, with major employers OSF HealthCare and Carle Health, while Caterpillar maintains a significant presence. Entertainment options include events at the Peoria Civic Center and annual traditions like the Heart of Illinois Fair, making Peoria a city that balances small-town charm with metropolitan amenities.
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 541 Sq Ft $854 / mo
- 1 Bedroom 693 Sq Ft $970 / mo
- 2 Bedrooms 958 Sq Ft $1,182 / mo
- 3 Bedrooms 1,148 Sq Ft $1,246 / mo
- 4 Bedrooms 1,200 Sq Ft $779 / mo
Top Budget-Friendly Neighborhoods in Peoria
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- West Peoria 610 Sq Ft $882/mo
- North Peoria 701 Sq Ft $992/mo
- Williamsburg Estates 591 Sq Ft $1,019/mo
- Downtown Peoria 743 Sq Ft $1,435/mo
- Warehouse Historic District 835 Sq Ft $1,783/mo
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Peoria $1,105/mo
- Peoria Heights $1,242/mo
- East Peoria $925/mo
- Pekin $732/mo
- Washington $933/mo
- Morton $1,020/mo
Getting Around Peoria
Education
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Apartments for Rent Near Peoria
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Peoria Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Peoria, IL
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Frequently asked questions about renting in Peoria, IL
What are the average rent costs in Peoria, IL?
The average rent in Peoria, IL is $970.
What are the average rent costs of a studio apartment in Peoria, IL?
The average rent for a studio apartment in Peoria, IL is $854.
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 $970.
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 $1,182.
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 $1,246.
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 $779.
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Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.