Updated 18 Hours Ago
Highlights
Pet Friendly
Location
500 Centennial Dr, East Peoria, IL 61611, USA
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Property Overview
The Current Apartments is rated highly overall, with strong marks for price, location, and amenities, suggesting a solid balance of value and convenience. It also stands out for its above-average value per square foot and proximity to a top-rated elementary school, while its detailed listing adds to its trustworthiness.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
Floor plans
| Studio | Studio | 1 bath | 380 sqft | $1,025 /mo | 2 units available | ||
| 1 BR 1 BA | 1 bed | 1 bath | 530 sqft | $1,075 /mo | 4 units available | ||
| 2 BR 2 BA | 2 bed | 2 bath | 750 sqft | $1,175 /mo | 1 unit available | ||
| 2 BR 2 BA Suite | 2 bed | 2 bath | 910 sqft | $1,550 /mo | 1 unit available |
Let's explore this property.
Amenities for The Current Apartments!
Building
| Cats OK | Dogs OK |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 49 |
|---|
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About The Current Apartments!
Welcome to The Current Apartments - a thoughtfully designed studio, 1 bedroom, and 2 bedroom apartment community with close proximity to the East Peoria Levee District. Secured access, professionally managed, breathing new life into a prominent property in East Peoria, The Current offers a quiet place for rest, focus, and recovery. East Peoria brings the energy of the Peoria metropolitan area to the Illinois River's eastern bank, offering a grounded Midwest identity shaped by industrial heritage, education, and community-scaled living. Caterpillar Inc., one of the world's most recognized heavy-equipment manufacturers, has long anchored the city's economy and given East Peoria a strong sense of working purpose. Illinois Central College maintains a campus here, and Bradley University is a short drive away across the river, giving the city a steady connection to higher education. The Levee District serves as the city's primary hub for retail, dining, and entertainment, while the Par-A-Dice Hotel and Casino adds a layer of hospitality and nightlife that draws visitors from across central Illinois. The housing landscape reflects East Peoria's suburban character across its 24 square miles.
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, The Current Apartments! is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Current Apartments! 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 Current Apartments! 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·8A 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.
With multiple in-demand amenities, The Current Apartments! is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
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 Current Apartments! 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 Current Apartments! does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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 Current Apartments! provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking 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 Current Apartments! compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- More space
- The 2-bedroom is 830 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in East Peoria
Studio apartments at The Current Apartments! cost about 58% more than the average rent price for studios in East Peoria.
1-bedroom apartments here are priced 26% higher than 1-bedrooms in East Peoria.
If you decide to upgrade your space, you can expect 2-bedrooms at The Current Apartments! to be 43% more than the average for similarly sized apartments in East Peoria.
Median rents as of Sep 12 2026.
East Peoria
| Month | Median Rent |
|---|---|
| September 2026 | $650 |
Affordability calculator
Can I afford to live at 500 Centennial Dr?
Bedrooms
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
$41,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this studio monthly rent price of $1,025.
For more information on rent affordability, visit our rent calculator.
Schools near The Current Apartments!
Neil A. Armstrong School
1848 highview rd
east peoria, IL, 61611
PK, K-2Public
B-
Robein Elementary School
200 campus ave
east peoria, IL, 61611
K-8Public
B-
P.L. Bolin Elementary School
428 arnold rd
east peoria, IL, 61611
3-5Public
B
Riverview Elementary School
1421 spring bay rd
east peoria, IL, 61611
PK, K-8Public
C-
Pleasant Hill Elementary School
3717 w malone st
peoria, IL, 61605
PK, K-8Public
C-
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Internet available near The Current Apartments!
Neighborhood
Getting around East Peoria near 500 Centennial Dr
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 500 Centennial Dr, East Peoria
Groceries
2/10
Few or no groceries within a short drive
Shopping
1/10
Few or no shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
3/10
Some restaurants within a short drive
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Few or no bars within a short drive
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