Cheap Apartments for Rent in East Peoria, IL from $400 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in East Peoria.

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Meadows Apartments
1 to 2 Bedroom Apartments

Meadows Apartments

140 Bluff St WEast Peoria, IL 61611
  • Utilities Included
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Raintree Apartments
2 Bedroom Apartments

Raintree Apartments

2811 Springfield RdEast Peoria, IL 61611
  • Utilities Included
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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

100 Woodrow DrEast Peoria, IL 61611
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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1833 N Wisconsin Ave
Studio Apartments

1833 N Wisconsin Ave

1833 N Wisconsin AvePeoria, IL 61603
  • Utilities Included
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Madison Links Apartments
1 to 2 Bedroom Apartments

Madison Links Apartments

2405 Martin Luther King Jr DrPeoria, IL 61604
  • Utilities Included
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Golfview Apartments
1 to 3 Bedroom Apartments

Golfview Apartments

2317-2331 Martin Luther King Jr DrPeoria, IL 61604

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1107 Pekin Ave
1 Bedroom Apartments

1107 Pekin Ave

1107 Pekin AveCreve Coeur, IL 61610
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Hurlburt House
1 Bedroom Apartments

Hurlburt House

818 W Hurlburt StPeoria, IL 61605
Senior Living
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Sandmeyer Flats
Studio to 2 Bedroom Apartments

Sandmeyer Flats

601-607 NW Bryan StPeoria, IL 61603

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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The Hillsides
2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included
Showing Results 1-32, Page 1 of 1

East Peoria, IL Local Guide

Cheapest Available East Peoria Apartments for Rent

 

The cheapest available apartment rental in East Peoria, IL is a 1 Bed unit found at Linn St Commons in the Averyville neighborhood priced from $600. The Avenue Apartments in the Averyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable East Peoria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Civic Center Plaza ApartmentsStudioStudio,1BA$803
Marquette PlaceStudioStudio,1BA$880
Stratford ApartmentsModern One Bedroom Apartment in East Peoria1BR,1BA$925
EMR Apartments1 BR Standard Utilities Included1BR,1BA$950
812 LoftsStudioStudio,1BA$1,050
Persimmon LoftsSTUDIO UNFIRNISHEDStudio,1BA$1,095
Winkler LoftsStudio/LoftStudio,1BA$1,095

Best Value Apartments for Rent in East Peoria, IL

As of May 17, 2025 the best value apartment in the East Peoria area is the $1.96 price per square foot Studio Model at Adams & Oak in the in the Moss Bradley neighborhood starting from $1,550. The second greatest value East Peoria apartment is the Modern One Bedroom Apartment in East Peoria Model at Stratford Apartments starting at $925 with a $1.23 price per square foot in the Fairfax Addition neighborhood. Here is today’s list of the best values for East Peoria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adams & OakStudioStudio ,1BA$1.96
Stratford ApartmentsModern One Bedroom Apartment in East Peoria1BR,1BA$1.23
Lofts Partners, LLC1BR/1.0BA1BR,1BA$2.01
Winkler Place1BD 1BTH1BR,1BA$1.59
Linn St Commons1BR/1BA1BR,1BA$0.87
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
EMR Apartments1 BR Standard Utilities Included1BR,1BA$1.90
Marquette PlaceStudioStudio ,1BA$1.98

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore East Peoria, IL Rentals by Map

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See the most popular apartments and homes in East Peoria, IL

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Getting Around East Peoria, IL

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap East Peoria Apartments

What is the Cheapest Studio apartment in East Peoria?

Currently the most affordable Cheap Studio Apartment in East Peoria is at Civic Center Plaza Apartments listed at $803.

How much is rent for a Cheap One Bedroom East Peoria Apartment?

The lowest price for a Cheap One Bedroom East Peoria Apartment is $600 at Linn St Commons.

What is the lowest price for a Cheap Two Bedroom East Peoria Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Peoria is starting from $750 at The Avenue Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.