Cheap Apartments for Rent in 61604
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1-2 Beds
1 BathPeoria Flats - New Mgmt - New Name - Fresh Upgrades | 2317 & 2331 W Martin Luther King Jr Dr,
Peoria, IL 61604
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Average Rent Trends in 61604
Rent in 61604 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,000 |
| Oct 2025 | $1,100 |
| Nov 2025 | $1,050 |
| Dec 2025 | $1,054 |
| Jan 2026 | $1,045 |
| Feb 2026 | $1,072 |
| Mar 2026 | $1,000 |
| Apr 2026 | $1,050 |
| May 2026 | $1,095 |
| Jun 2026 | $1,100 |
| Jul 2026 | $1,070 |
| Aug 2026 | $1,000 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $835 | $990 | $1,325 | $1,300 | $1,075 |
| Townhomes | — | $1,075 | — | — | $1,075 |
| Apartments and Condos | $835 | $850 | $1,450 | — | $850 |
| Houses | $800 | $990 | $1,325 | $1,300 | $1,150 |
Frequently Asked Questions about Rentals in 61604
- What is the average rent of an apartment in 61604?The average rent of an apartment in 61604 is $1,074 per month. This is about 45% lower than the national average.
- When is the average rent cheapest in 61604?In the last year, the average rent in 61604 was lowest in Jan 2025 when it was $949 per month.
- When is the average rent most expensive in 61604?In the last year, the average rent in 61604 was highest in Apr 2025 when it was $1,200 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 61604?The average rent of a 1 bedroom apartment in 61604 is $835 per month. That is about $135 more than the cost of a studio apartment.
- How many available rental listings are in 61604?There are 50 available rental listings in 61604.
- What are some cities near 61604?Some nearby cities include: West Peoria, Bellevue, Norwood, Peoria, Bartonville, Peoria Heights. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 61604 - 89 Rentas | Trulia