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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517 Hauert Street
2 Bedroom Apartments

517 Hauert Street

517 Hauert StPeotone, IL 60468
  • Utilities Included
property at 29837 IL-50

29837 IL-50

PeotoneIL60468
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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. Crest Apartments in the Downtown Park Forest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Peotone apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crossroads ApartmentsStudio, 1 bathStudio,1BA$750
Crest ApartmentsStudioStudio,1BA$750
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$974
Linden Park ApartmentsStudio AStudio,1BA$975
Central Park Apartments & Townhomes1 Bed 1 Bath A1BR,1BA$1,179

Best Value Apartments for Rent in Peotone, IL and Nearby

As of March 25, 2025 the best value apartment in the Peotone area is the $1.70 price per square foot Garden Upgraded Model at Maple Leaf Apartments in the in the Lincoln Station neighborhood starting from $1,400. The second greatest value Peotone apartment is the 2 Beds, 1 bath Model at Richton Trail starting at $1,300 with a $1.62 price per square foot in the Lincoln Station 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.
Maple Leaf ApartmentsGarden Upgraded1BR,1BA$1.70
Richton Trail2 Beds, 1 bath2BR,1BA$1.62
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1.69
Arbors at Hickory CreekAspen1BR,1BA$1.68
Barberry Apartments2 Bed2BR,1BA$1.62
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$1.27
Central Park Apartments & Townhomes1 Bed 1 Bath A W/D1BR,1BA$1.74
Olympic Village ApartmentsThe Pine1BR,1BA$1.74
Crest ApartmentsStudioStudio ,1BA$1.67
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 $825 at Crossroads 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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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.