How many apartments under $700 are available in Peoria, IL on Rentable.co?

There are 4 apartments under $700 in Peoria currently available for rent on Rentable.co.

How many one-bedroom apartments under $700 are available in Peoria?

Rentable.co has 18 <a href='/peoria-il/1-bedroom-apartments-for-rent' >one-bedroom</a> apartments under $700 available for rent in Peoria.

How many two-bedroom apartments under $700 are available in Peoria?

Rentable.co has 4 <a href='/peoria-il/2-bedroom-apartments-for-rent' >two-bedroom</a> apartments under $700 available for rent in Peoria.

Can I afford a apartment under $700 in Peoria, IL?

To comfortably afford a apartment under $700 in Peoria based on average rent prices, a household would need an annual income of $24,000.

Apartments Under $700 in Peoria, IL

Apartments Under $700 in Peoria, IL: December Rental Information

Welcome to the December 2025 Peoria Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Peoria rental landscape.

Our experts analyze the inventory trends for apartments under $700 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Peoria and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $700 in Peoria. Whether you're a student, young professional, or simply looking for an affordable place to call home, this report will help you navigate the rental market in Peoria and find the perfect apartment within your budget.

This month, the typical cost to rent a one-bedroom apartment in Peoria stands at $900, with the majority falling between $710 and $1,410. Out of the 1,070 one-bedroom apartments currently on the market in Peoria, 18 are priced below $700, accounting for 2% of the total available one-bedroom units in Peoria.

Available Apartments Under $700: Peoria vs. Surrounding Areas

Pekin, IL

Peoria, IL

6

5

In December 2025, there are a variety of affordable rental options available in the Peoria, IL metro area. The chart above showcases the number of apartments listed for rent under $700 in Peoria and the surrounding cities of East Peoria, Chillicothe, Princeville, Washington, Roanoke, Morton, Pekin, Germantown Hills, Dunlap, and Uttar Predesh. With a total inventory of 12 apartments, prospective renters have a range of options to choose from. Whether you're looking for a cozy studio or a spacious one-bedroom apartment, there's a rental in Peoria that meets your budget and preferences.

Apartments Under $700 Now vs. Last Month: Peoria and Surrounding Areas

City	Apartments Under $700 in December	M/M % Change
Pekin, IL	6	+0.94%
Peoria, IL	5	+0.97%
Princeville, IL	1	+1.0%
East Peoria, IL	0	+1.75%
Morton, IL	0	+1.67%

Looking for Apartments Under $700 in Peoria?

Available apartments under $700	13
Top amenities	Refrigerator, Garbage Disposal, Trash Removal Included, Range / Oven, Garage Attached
Pet friendly	1
Utilities included	2
1 Bedroom	2
2 Bedroom	1
3 Bedroom	1