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Apartments Under $700 in Peoria, IL

1 - 2 of 2 Results
1
$700
Madison Link Apartments
2405 W Martin Luther King Jr Dr Peoria, IL
1 BR | Available Now
Contact
Air Conditioning
Storage
8
$600
1204 NE Madison
Peoria, IL
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
1 - 2 of 2 Results

All Apartments in Peoria, IL

30 Results
37
$1,409
Peoria - North
4306 N Brandywine Dr Peoria, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
1
$1,300 - 1,500
Lofts Partners, Llc
311 SW Water St Peoria, IL
1 BR | Available Now
Contact
Fitness Center
Storage
Disability Access
Dishwasher
Moss Bradley
1
$1,295 - 1,395
Covington Court Apartments
1327 Covington Ct Peoria, IL
2 BR | Available Now
Contact
Balcony/Deck/Patio
University East
13
Call for Pricing
Prospect Place
433- 435 St Peoria, IL
2 BR | Available Now
Contact
Disability Access
5
$970 - 1,030
2805 W Larchmont Ln
Peoria, IL
2 BR | Available Now
Contact
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
Pool
46
$1,320 - 1,445
Grandview Apartments
5250 N Knoxville Ave Peoria, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
19
$1,240
Granada Court Apartments
3010 W Granada Ct Peoria, IL
2 BR | Available Now
Contact
Wardcliffe
8
$845 - 1,135
The Village On University
6516-6500 N University St Peoria, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
7
$780 - 1,110
935 W Loire Ct
Peoria, IL
1 - 2 BR | Jan. 5, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
10
$1,490
Frostwood Apartments
5505 N Frostwood Pkwy Peoria, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Disability Access
38
$1,695
Cooperage 214
214 Pecan St Peoria, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
9
$2,000
427 E Moneta Ave Unit 427B
Peoria Heights, IL
2 BR | Sep. 1, 2026
Contact
Air Conditioning
Dishwasher
Oakcliff
3
$1,249 - 1,962
Apartments At Grand Prairie
5400 W Sienna Ln Peoria, IL
1 - 3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
1
$795
414 W Elizabeth
Peoria, IL
2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
18
$995
Lake / Hines / Knollridge
Peoria, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Oakcliff
20
$725 - 995
2800, 2804, 2808, 2816, 2820 W War Memorial Dr.
Peoria, IL
Studio - 2 BR | Available Now
Contact
1
$1,150
Savannah Meadows
Savannah Meadows 751 W Joan Ct Peoria, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
22
$1,180
6831 N Frostwood Pkwy Unit F82
Peoria, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
19
$945
619 Fairholm Ave
Peoria, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Averyville
1
$975
The Village At Tangle Wood
7107-7115 Miramar Dr Peoria, IL
2 BR | Jan. 8, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
10
$725 - 825
Woods + Meadow Apartments
2215 W Willow Knolls Rd Peoria, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
11
$850
8427 Selkirk Dr
Peoria, IL
2 BR | Available Now
Contact
Dog Friendly
Air Conditioning
13
$1,900
1118 N Elmwood Ave
Peoria, IL
3 BR | Available Now
Contact
Dog Friendly
House
Air Conditioning
Storage
Dishwasher
10
$800
2908 N Rockwood Dr Unit D
Peoria, IL
1 BR | Feb. 1, 2026
Wardcliffe
6
$875
2511 W Wardcliffe Dr Unit B
Peoria, IL
2 BR | Available Now
Contact
Air Conditioning
Wardcliffe
0
$1,175 - 1,325
The Flats At Dunlap
7150 N Terra Vista Dr Peoria, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
15
$1,550
501 W Columbia Ter Unit 2
Peoria, IL
3 BR | Jan. 16, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Franklin School
16
$2,000
11217 N Oakwood Dr Unit 68
Peoria, IL
3 BR | Jan. 5, 2026
Contact
1
$950
Kellogg Golf Condos 11 Unit Rental Management
3107 - 3119 W Willow Knolls Rd. Peoria, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
1
$925
Crestwood Apartment
W Crestwood Dr Peoria, IL
2 BR | Apr. 10, 2026
Contact
Cat Friendly
Air Conditioning
Surface Parking
Storage
Disability Access
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  3. Apartments Under $700
Frequently Asked Questions

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

There are 2 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 8 one-bedroom apartments under $700 available for rent in Peoria.

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

Rentable.co has 4 two-bedroom 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 $26,000.

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.
0 5 10 15 20 <$800 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380
This month, the typical cost to rent a one-bedroom apartment in Peoria stands at $870, with the majority falling between $800 and $1,400. Out of the 1,051 one-bedroom apartments currently on the market in Peoria, 8 are priced below $700, accounting for 1% 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 11 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
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