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Explore Similar Homes Within 2 Miles of East Peoria, IL

  • /55

    Starting at $1,095 Per Month

    • Studio - 1 Bed

    733 SW Washington St, Peoria, IL 61602

    Winkler Lofts consist of 28 residential units that have one available parking space. The luxury lofts are a combination of studios and one bedroom apartments which have oversized windows, hickory floors, exposed brick walls and vaulted ceilings that have that coveted industrial feel.

    Winkler Lofts

    (309) 322-7148

    733 SW Washington St, Peoria, IL 61602
  • /34

    Starting at $825 Per Month

    • Studio - 1 Bed

    331 Fulton St, Peoria, IL 61602

    Civic Center Plaza is within walking distance to all of downtown Peoria's major employers, restaurants, riverfront, and other activity spots. We offer a variety of floorplans and finishes to select from to find the layout and price that matches your needs and style. A multi-level city parking garage offers a private entrance into the building. A fitness room, laundry room on every floor, and a

    Civic Center Plaza Apartments

    (309) 276-0055

    331 Fulton St, Peoria, IL 61602
  • /50

    Starting at $1,050 Per Month

    • Studio - 3 Beds

    812-816 SW Washington St, Peoria, IL 61602

    ***1/2 off 1st full month rent with an approved application if you apply by 3/31/2026 on a 13 month lease!***Check out these beautiful Downtown Peoria Apartment homes! Freshly renovated and ready for Move-in! This property has some amazing features starting with the VIEWS from the upper levels, High ceilings, windows that open, Individual HVAC systems, exposed brick and beams, a Fitness Center,

    812 Lofts

    (309) 322-9598

    812-816 SW Washington St, Peoria, IL 61602
  • /5

    Starting at $1,400 Per Month

    • Studio - 2 Beds

    825 SW Adams St, Peoria, IL 61602

    Now Leasing – 15 Modern Studio to 3-Bedroom Apartments | $1,400–$2,400Be the first to live in these brand-new apartments featuring modern industrial interiors, spacious open-concept layouts, in-unit laundry, and new stainless-steel appliances. With multiple bedroom floor plans available, including one patio unit and five with private balconies, there is a perfect space for every lifestyle.

    Adams Street Center

    (309) 740-9119

    825 SW Adams St, Peoria, IL 61602
  • /35

    Starting at $950 Per Month

    • Studio - 2 Beds

    701 Main St, Peoria, IL 61602

    The Marquette Building Apartments were designed in 1924 by Hewitt & Emerson Architects, designers of the Commerce Bank Building and Pere Marquette Hotel. This historic building is located at the intersection of Main St. and Perry Ave. Located adjacent to Methodist Medical Center; the Illinois College of Medicine – Peoria; and near Thirty Thirty Coffee and the Civic Center! Professionally managed

    Marquette Place

    (309) 322-9112

    701 Main St, Peoria, IL 61602
  • /35

    Starting at $1,100 Per Month

    • Studio

    1028 SW Adams St, Peoria, IL 61602

    Urban Loft Apartments – Now Under New Ownership and Management!Proudly owned and managed by Sharp & Sharp Properties, known for their excellent service and commitment to resident satisfaction.Located in the vibrant Downtown Warehouse District!* Controlled Access Entry* Stunning Floor-to-Ceiling Windows* Industrial Warehouse FinishesAll-Inclusive Rent – Water,

    Magnolia Lofts

    (309) 328-3183

    1028 SW Adams St, Peoria, IL 61602

Why Live in East Peoria

East Peoria, Illinois, is a small suburb along the Illinois River, just across from Peoria, with a population of about 23,000 residents. Many locals work for healthcare providers, Caterpillar, or the Par-A-Dice Hotel and Casino. The city features the Levee District, a mixed-use commercial area developed on a former Caterpillar site, offering chain restaurants and big-box retailers. Housing primarily consists of single-family homes, including bungalows and ranch-style houses, with recent developments in multi-family housing, such as a new apartment complex with an integrated parking deck. East Peoria boasts over 1,600 acres of parklands, including the Carl Spindler Campground and Marina, and the EastSide Centre sports complex. Popular outdoor activities include hiking, hunting, fishing, and boating along the Illinois River. The area is served by several school districts, with highly rated schools such as Washington Community High School District 308, Central School District 51, and Morton Community Unit School District 709. The Levee District is a hub for shopping and dining, featuring retailers like Target and Costco, and restaurants like Red Robin and Chipotle. East Peoria is safer than the national average for property crimes. Transportation options include Interstate 74, CityLink buses, and the General Wayne Downing Peoria International Airport, located 8 miles west. The city hosts the annual Festival of Lights and a weekly farmer’s market, adding to its local attractions.

Frequently Asked Questions

How much does it cost to rent a home in East Peoria, IL?
The median rent for a home in East Peoria, IL is $1,250 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in East Peoria, IL?
To comfortably afford the median rent in East Peoria, IL, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in East Peoria, IL, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in East Peoria, IL?
In East Peoria, IL, the price-to-rent ratio is 12.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in East Peoria, IL are best for renting a home?
The best neighborhood for renting in East Peoria, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Peoria and North Peoria, each with its own character and price range.

Rental Home Trends in East Peoria, IL

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,250
Median Single Family Home Rent
$800
Median Condo Rent
$1,063
How to Rent a Home