Cheap Apartments for Rent in the Downtown Peoria Neighborhood of Peoria, IL from $400 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Peoria area of Peoria.

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1833 N Wisconsin Ave
Studio Apartments

1833 N Wisconsin Ave

1833 N Wisconsin AvePeoria, IL 61603
  • Utilities Inc.
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Golfview Apartments
1 to 3 Bedroom Apartments

Golfview Apartments

2317-2331 Martin Luther King Jr DrPeoria, IL 61604
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Madison Links Apartments
1 to 2 Bedroom Apartments

Madison Links Apartments

2405 Martin Luther King Jr DrPeoria, IL 61604
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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
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Meadows Apartments
1 to 2 Bedroom Apartments

Meadows Apartments

140 Bluff St WEast Peoria, IL 61611
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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

100 Woodrow DrEast Peoria, IL 61611
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The Hillsides
2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
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Showing Results 1-28, Page 1 of 1

Downtown Peoria, Peoria, IL Local Guide

Cheapest Available Downtown Peoria Apartments for Rent

 

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

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
1107 Pekin AveMulti-Family1BR,1BA$650
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Brandywine Crossing Apartments1 Bedroom G1BR,1BA$825
Civic Center Plaza ApartmentsStudioStudio,1BA$890
Covington Place2BR/1BA garden level2BR,1BA$900
Timberbrook ApartmentsMum1BR,1BA$939
Glen Willows2 Bedroom 1.5 Bathroom2BR,1BA$950

Best Value Apartments for Rent in Downtown Peoria, IL

As of March 03, 2025 the best value apartment in the Downtown Peoria area is the $0.97 price per square foot 2 BR/1.5BA - 2nd/3rd floor Model at Covington Place in the in the Northmoor Knolls neighborhood starting from $925. The second greatest value Downtown Peoria apartment is the 2 Bedroom 1.5 Bathroom Model at Glen Willows starting at $950 with a $1.06 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Downtown Peoria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Covington Place2 BR/1.5BA - 2nd/3rd floor2BR,1.5BA$0.97
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.06
3207 N Peoria Ave, Unit 53207 N Peoria Ave2BR,1BA$1.50
Westporte ApartmentsWP2B2BR,1BA$1.27
Winkler PlaceStudio Loft1BR,1BA$1.55
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.18
Linn St Commons1BR/1BA1BR,1BA$0.87
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
1107 Pekin AveMulti-Family1BR,1BA$1.08
Timberbrook ApartmentsMum1BR,1BA$1.63

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Peoria, Peoria, IL

Ranked #2

Among neighborhoods in Peoria, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Downtown Peoria, Peoria, IL

School data provided by Great Schools

Best Local Schools in
Downtown Peoria, Peoria, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Peoria, IL. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Downtown Peoria Neighborhood in Peoria, IL

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

41 / 100

Some Transit

A few nearby public transportation options

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 Downtown Peoria Apartments

What is the Cheapest Studio apartment in Downtown Peoria?

Currently the most affordable Cheap Studio Apartment in Downtown Peoria is at Civic Center Plaza Apartments listed at $890.

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

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

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

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

What is the most affordable Downtown Peoria Three Bedroom Apartment?

The best deal on a cheap Downtown Peoria Three Bedroom Apartment rental is at 812 Lofts and starts from $1,625.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.