Zumper
modified
5+ Days Ago

Highlights

  • Exposed brick walls
  • High ceilings

Location

311 Sw Water St, Peoria, IL 61602, USA
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Contact

Management

Lofts Partners, LLC

Leasing office

(309) 322-9251 ext. 2

Property Overview

Lofts Partners, LLC receives a strong Zumper expert rating of 8.3, reflecting competitive pricing and excellent amenities, both rated 9 out of 10. The property is ideally located, offering easy access to a variety of essential services, social venues, and recreational options, further enhancing the living experience. Notable features such as exposed brick walls and high ceilings complement its appeal, while the property is also recognized for its fitness and social opportunities within the surrounding community.

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.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Lofts Partners, LLC is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lofts Partners, LLC has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • More space
  • Dishwasher

Great for

  • Wellness
  • Social life

Floor plans

1BR/1.0BA1 bed1 bath635+ sqft$1,300–$1,500 /mo2 units availableThe 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 Lofts Partners, LLC

Apartment Amenities

TrashWater

Appliances

DishwasherMicrowave
RangeRefrigerator

Building

ElevatorFitness Center
Free LaundryOnsite Laundry
Roof DeckSewer
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

Building details

Property details

Units23
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About Lofts Partners, LLC

HomeApartments in Peoria Lofts Partners, LLC

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 Good
With a solid 8.3 out of 10 overall, Lofts Partners, LLC is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lofts Partners, LLC has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Lofts Partners, LLC
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.
Lofts Partners, LLC 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.
Lofts Partners, LLC 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, Lofts Partners, LLC 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.
Lofts Partners, LLC 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 Lofts Partners, LLC 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.

Lofts Partners, LLC is great for:

Wellness

  • On-site fitness center or gym
  • 4 farmers markets or health food stores nearby
  • 22 gyms or yoga centers nearby
  • There are 11 grocery stores within 1 mile

Social life

  • 84 restaurants within 1 mile of this property
  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • Area has 12 parks and recreation options
  • 17 local event hubs within 1 mile

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 Lofts Partners, LLC compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 2 miles away
More space
The 1-bedroom is 384 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 Lofts Partners, LLC cost about 53% more than the average rent price for 1-bedroom apartments in Peoria.

Median rents as of Nov 15 2025.
Peoria
A table of studio rental data trends in Peoria
MonthMedian Rent
December 2023$736
January 2024$775
February 2024$688
March 2024$685
April 2024$711
May 2024$747
June 2024$695
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

Affordability calculator

Can I afford to live at 311 Sw Water St?

Bedrooms

1 bedroom

Rent-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

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 1-bedroom monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.

Schools near Lofts Partners, LLC

Valeska Hinton Early Childhood Education Center

800 w romeo b garrett ave

peoria, IL, 61605

PKPublic
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Internet available near Lofts Partners, LLC

Getting around Peoria near 311 Sw Water St

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

6/10
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
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

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