Cheap Apartments for Rent in Peotone, IL from $700 (23 Rentals)

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

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29837 IL-50
$1,1001 Bedroom, 1 Bath RentalsAvailable Now

29837 IL-50

Peotone, IL 60468
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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
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Peotone, IL Local Guide

Cheapest Available Peotone Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peotone, IL is a Studio unit found at Crossroads Apartments in the Fairmeadow neighborhood priced from $750. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. Here is today’s list of the most affordable Peotone apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crossroads ApartmentsStudio, 1 bathStudio,1BA$750
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$811
Central Park Apartments & Townhomes1 Bed 1 Bath A1BR,1BA$1,179
Maple Leaf ApartmentsMid-rise1BR,1BA$1,270
21746 Jeffrey Avenue2 Bedroom 1 Bath Apartment2BR,1BA$1,285

Best Value Apartments for Rent in Peotone, IL and Nearby

As of February 11, 2025 the best value apartment in the Peotone area is the $1.45 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,950. The second greatest value Peotone apartment is the The Willow Model at Olympic Village Apartments starting at $1,545 with a $1.41 price per square foot in the Indian Hill neighborhood. Here is today’s list of the best values for Peotone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes3 Bedroom3BR,1BA$1.45
Olympic Village ApartmentsThe Willow3BR,2BA$1.41
Arbors at Hickory CreekMagnolia2BR,1BA$1.48
Westbridge Apartments2 Bed 2 Bath Renovated2BR,2BA$1.57
St James Senior ApartmentsTwo Bedroom One Bath2BR,1BA$1.62
21746 Jeffrey Avenue2 Bedroom 1 Bath Apartment2BR,1BA$1.47
Maple Leaf ApartmentsGarden Upgraded1BR,1BA$1.70
Richton Trail2 Beds, 1 bath2BR,1BA$1.62
Central Park Apartments & Townhomes1 Bed 1 Bath A W/D1BR,1BA$1.74
Crossroads ApartmentsStudio, 1 bathStudio ,1BA$1.70

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Getting Around Peotone, IL

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Peotone Apartments

What is the Cheapest Studio apartment in Peotone?

Currently the most affordable Cheap Studio Apartment in Peotone is at Crossroads Apartments listed at $750.

How much is rent for a Cheap One Bedroom Peotone Apartment?

The lowest price for a Cheap One Bedroom Peotone Apartment is $811 at St James Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Peotone is starting from $970 at Crossroads Apartments.

What is the most affordable Peotone Three Bedroom Apartment?

The best deal on a cheap Peotone Three Bedroom Apartment rental is at Crossroads Apartments and starts from $1,325.

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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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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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

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Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.