5+ Days Ago
Highlights
- Exposed brick walls
- High ceilings
Location
311 Sw Water St, Peoria, IL 61602, USA
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Property Overview
The Lofts at Waterfront Place combines exposed brick walls, high ceilings, and strong on-site amenities with an expert rating of 8.3/10, reflecting overall quality and transparency from management. With excellent value for the price, a top-tier value per square foot, and a prime location near parks, recreation options, and 73 restaurants within a mile, it supports an active social lifestyle and convenient everyday living.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- More space
- Dishwasher
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 951 sqft | $1,550 /mo | 1 unit available | The Lofts at Waterfront Place is a residential development located at Waterfront Place in the same building with RC Outfitters. The building with exposed brick walls and high 14-16 ft ceilings provides the perfect setting for an authentic loft-type development. The development consists of 23 loft-style apartments and many have views of the Illinois River. |
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Amenities for The Lofts at Waterfront Place
Apartment Amenities
| Trash | Water |
Appliances
| Dishwasher | Microwave |
| Range | Refrigerator |
Building
| Elevator | Fitness Center |
| Free Laundry | Onsite Laundry |
| Roof Deck | Sewer |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 23 |
|---|
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About The Lofts at Waterfront Place
The Lofts at Waterfront Place is a residential development located at Waterfront Place in the same building with RC Outfitters. The building with exposed brick walls and high 14-16 ft ceilings provides the perfect setting for an authentic loft-type development. The development consists of 23 loft-style apartments and many have views of the Illinois River.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, The Lofts at Waterfront Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Lofts at Waterfront Place has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Lofts at Waterfront Place stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Lofts at Waterfront Place goes above and beyond to provide sought-after conveniences and desirable perks, including elevator. Renters looking for popular or luxurious features will find them here—and for that reason, The Lofts at Waterfront Place receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Lofts at Waterfront Place is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Lofts at Waterfront Place does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
The Lofts at Waterfront Place is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How The Lofts at Waterfront Place compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 2 miles away
- More space
- The 1-bedroom is 166 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Elevator
- Improved accessibility features
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Peoria
1-bedroom apartments at The Lofts at Waterfront Place cost about 82% more than the average rent price for 1-bedroom apartments in Peoria.
Median rents as of May 23 2026.
Peoria
| Month | Median Rent |
|---|---|
| June 2024 | $697 |
| July 2024 | $862 |
| August 2024 | $728 |
| September 2024 | $722 |
| October 2024 | $713 |
| November 2024 | $702 |
| December 2024 | $718 |
| January 2025 | $740 |
| February 2025 | $755 |
| March 2025 | $737 |
| April 2025 | $762 |
| May 2025 | $775 |
| June 2025 | $728 |
| July 2025 | $753 |
| August 2025 | $727 |
| September 2025 | $710 |
| October 2025 | $725 |
| November 2025 | $725 |
| December 2025 | $900 |
| January 2026 | $939 |
| February 2026 | $833 |
| March 2026 | $975 |
| April 2026 | $850 |
| May 2026 | $800 |
Affordability calculator
Can I afford to live at 311 Sw Water St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 1-bedroom monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.
Schools near The Lofts at Waterfront Place
Valeska Hinton Early Childhood Education Center
800 w romeo b garrett ave
peoria, IL, 61605
PKPublic
Pleasant Hill Elementary School
3717 w malone st
peoria, IL, 61605
PK, K-8Public
C-
Bartonville Elementary School
6000 s adams st
bartonville, IL, 61607
PK, K-8Public
C-
Robein Elementary School
200 campus ave
east peoria, IL, 61611
K-8Public
B-
Monroe Elementary School
5137 w cisna rd
bartonville, IL, 61607
PK, K-8Public
A-
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Internet available near The Lofts at Waterfront Place
Getting around Peoria near 311 Sw Water St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 311 Sw Water St, Peoria
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 311 Sw Water St
Walmart Supercenter
401 River Rd
Stop N Save
800 NE Jefferson Ave
International Grocer
703 NE Perry Ave
ALDI
251 Clock Tower Dr
Mega Food Mart
512 Spring St
M PC Promotions
124 SW Adams St
Walmart Supercenter
401 River Rd
Moon Dancer
933 N Sheridan Rd
Running Central Shoes & Gear
700 W Main St
Costume Trunk
710 W Main St
CXT Roasting Company
309B Main St
Zion Coffee Bar
803 SW Adams St
Starbucks
480 W Washington St
Dunkin'
1600 N Knoxville Ave
Starbucks
1605 N Knoxville Ave
The Blue Duck Barbecue Tavern
212 SW Water St
Kenny's Westside Pub
112 SW Jefferson Ave
Kelleher's Irish Pub & Eatery
619 SW Water St
Nightjar
112 State St
Kickback on Fulton
456 Fulton St
Walmart Bakery
401 River Rd
Walmart Deli
401 River Rd
Holy Crab
205 River Rd
GNC
414 W Washington St
Guilty Pleasures Cupcakery
328 W Washington St
Liberty Park
Skip Snyder Garden
Garden
Park
Eckwood Park
Rhythm Kitchen Music Cafe
305 SW Water St
Icons Bar & Grill
316 SW Washington St
Catrina's Express
401 SW Water St
Saffron Social
187 SW Washington St
Jimmy John's
208 SW Adams St
Washington / Harrison
North Adams, Sheridan
Riverfront Museum / CAT Visitor Center
Sheridan
Riverfront Museum / CAT Visitor Center
Sheridan, North Adams
Adams / Fulton
Western, North Adams, Forrest Hill
CityLink Transit Center
Peoria to Pekin, South Adams, Heights, Northwest Peoria, Peoria to Pekin, Northwest Peoria, Western, Heights, South Adams, North Adams, East Peoria, University, Wisconsin, Western, West Peoria, Sheridan, Forrest Hill, John Gwynn, Lincoln, Sheridan, ICC Express, East Peoria, Forrest Hill, Wisconsin, North Adams, ICC Express, University, John Gwynn, Lincoln, West Peoria
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