What are the average rent costs in Peoria, IL?

The average rent in Peoria, IL is $940.

What are the average rent costs of a studio apartment in Peoria, IL?

The average rent for a studio apartment in Peoria, IL is $867.

What are the average rent costs of a one bedroom apartment in Peoria, IL?

The average rent for a 1 bedroom apartment in Peoria, IL is $940.

What are the average rent costs of a two bedroom apartment in Peoria, IL?

The average rent for a 2 bedroom apartment in Peoria, IL is $1,191.

What are the average rent costs of a three bedroom apartment in Peoria, IL?

The average rent for a 3 bedroom apartment in Peoria, IL is $1,282.

What are the average rent costs of a four bedroom apartment in Peoria, IL?

The average rent for a 4 bedroom apartment in Peoria, IL is $1,358.

Peoria, Illinois Affordable Apartments for Rent

Peoria, IL Income Restricted Apartments for Rent

Browse a wide selection of low-income apartments for rent in Peoria. If you're searching for affordable apartments to fit your budget, it's important to be aware of the opportunities available to you. There are a variety of programs that may be accepted by low-income communities. Some might take part in the Low-Income Housing Credit Program, or Section 42, while others might accept vouchers through the Housing Choice Voucher Program, or Section 8. Since these programs are different, call the apartment community you’re interested in and ask which program they participate in.

Before you apply for an income restricted apartment, make sure you qualify for Section 8 housing in Peoria by contacting the local public housing agency, or PHA. You must meet certain requirements based on the area median income, or AMI, and that amount varies depending on location. Section 8 housing is often more difficult to find than other affordable housing programs since properties must meet certain guidelines to qualify for the program, and not all properties accept Section 8 vouchers.

There are 4 income-restricted apartments available in Peoria. To find out if the apartment community you’re interested in accepts Section 8, look at their requirements or call the property directly and ask.

Renting in Peoria

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 535 Sq Ft $867 / mo
1 Bedroom 695 Sq Ft $940 / mo
2 Bedrooms 955 Sq Ft $1,191 / mo
3 Bedrooms 1,153 Sq Ft $1,282 / mo
4 Bedrooms 1,200 Sq Ft $1,358 / mo

Top Budget-Friendly Neighborhoods in Peoria

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
West Peoria 619 Sq Ft $859/mo
North Peoria 684 Sq Ft $993/mo
Downtown Peoria 771 Sq Ft $1,406/mo

Getting Around Peoria

Transportation

49

Car-Dependent

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

46

Somewhat Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

31

Some Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

College/University High School Elementary School

Illinois Central Coll., North North Campus

Bradley University

Private University

Illinois Central, Downtown Downtown Campus

Illinois Central, East Peoria East Peoria Campus

Public University

Illinois Central Coll., South South Campus

6

Richwoods High School

out of 10 Rating

Public | Grades 9- 12 | 1,580 Students

4

Limestone Community High School

out of 10 Rating

Public | Grades 9- 12 | 924 Students

2

Peoria High School

out of 10 Rating

Public | Grades 9- 12 | 1,447 Students

1

Manual High School

out of 10 Rating

Public | Grades 9- 12 | 656 Students

7

Kellar Primary School

out of 10 Rating

Public | Grades K- 4 | 360 Students

School data provided by Great Schools^ⓘ

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20	21	22	23	24	25	26
27	28	29	30	1	2	3
4	5	6	7	8	9	10

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Peoria at a Glance

Average Rent

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Peoria, IL Income Restricted Apartments for Rent

Renting in Peoria

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Peoria

Getting Around Peoria

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Somewhat Bikeable

Some Transit

Education

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Specialty Housing

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Thank You

Low Income Apartments for Rent in Peoria, IL

Dunlap Falls Apartments

ASPEN BLUFF APARTMENTS

Glen Oak Towers

The Heartland Affordable Senior Housing

Can't find what you are looking for?

Peoria at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Peoria, IL Income Restricted Apartments for Rent

Renting in Peoria

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Peoria

Getting Around Peoria

Transportation

Car-Dependent

Somewhat Bikeable

Some Transit

Education

Apartments for Rent Near Peoria

Specialty Housing

Choose by Amenities

Peoria Apartments for Rent in Your Budget

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