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 Included
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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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3013-3021 N Woodbine Ter
1 to 2 Bedroom Apartments

3013-3021 N Woodbine Ter

3013-3021 N Woodbine TerPeoria, 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 1711 N Peoria Ave priced from $575. Linn St Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Downtown Peoria apartments for rent in Peoria, IL:

Apartment ListingModel NameBed/BathPriced From
1711 N Peoria Ave1bed/1bath1BR,1BA$575
Linn St Commons1BR/1BA1BR,1BA$600
1107 Pekin AveMulti-Family1BR,1BA$650
The Avenue Apartments1B/ 1BA1BR,1BA$650
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Glen Oak Manor2BR/1.0BA2BR,1BA$750
Civic Center Plaza ApartmentsStudioStudio,1BA$803
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Hollybrook Apartments1 bedroom1BR,1BA$825
Marquette PlaceStudioStudio,1BA$880

Best Value Apartments for Rent in Downtown Peoria, IL

As of April 06, 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 2 Bath Model at Brandywine Crossing Apartments starting at $1,050 with a $1.11 price per square foot in the Averyville 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
Brandywine Crossing Apartments2 Bedroom 2 Bath2BR,2BA$1.11
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.06
Hollybrook Apartments1 bedroom1BR,1BA$1.06
1711 N Peoria Ave1bed/1bath1BR,1BA$0.82
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.18
Linn St Commons1BR/1BA1BR,1BA$0.87
Glen Oak Manor2BR/1.0BA2BR,1BA$1.15
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
1107 Pekin AveMulti-Family1BR,1BA$1.08

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Pet Friendly Lifestyle
Downtown Peoria, Peoria, IL

Ranked #3

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

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 $803.

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

The lowest price for a Cheap One Bedroom Downtown Peoria Apartment is $575 at 1711 N Peoria Ave.

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.

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.