16 Hours Ago
Highlights
Pet Friendly
Location
505 E Virginia Ave, Peoria, IL 61603, USA
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Property Overview
505 East Virginia Avenue offers a strong overall renting experience, with competitive pricing and amenities that provide excellent value for money and per-square-foot value relative to the area. Its highly rated location offers exceptional walkability, convenient transit options, and a vibrant social scene with numerous nearby restaurants, while the detailed property information supports a solid level of transparency and trust.
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
High school nearby- Less expensive
- More space
Great for
Social life
Floor plans
| 505 East Virginia Avenue | 2 bed | 2 bath | 1,204 sqft | $758 /mo | 505 E Virginia Ave, Peoria, IL 61603 2 Beds / 2 Baths 1204 Sq. Ft / 6198 Sq. Ft. No Banks, No Credit. $758.00 Monthly payments, this inclues taxes and insurance. (This is the full payment, no hidden fees and still less than local rents.) In order to qualify, you must have verifiable income greater than 4 times the monthly payment and a clean rental history for starters. Property is offered in AS-IS condition to serious prospects who inspect the property thoroughly. Call 1-844-882-2221 or email us at |
Let's explore this property.
Amenities for 505 East Virginia Avenue
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
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 505 East Virginia Avenue
505 E Virginia Ave, Peoria, IL 61603 2 Beds / 2 Baths 1204 Sq. Ft / 6198 Sq. Ft. No Banks, No Credit. $758.00 Monthly payments, this inclues taxes and insurance. (This is the full payment, no hidden fees and still less than local rents.) In order to qualify, you must have verifiable income greater than 4 times the monthly payment and a clean rental history for starters. Property is offered in AS-IS condition to serious prospects who inspect the property thoroughly. Call 1-844-882-2221 or email us at
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.
7.7
/10
Very Good505 East Virginia Avenue is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A 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.
Scoring a 8/10, 505 East Virginia Avenue is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, 505 East Virginia Avenue 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.
505 East Virginia Avenue 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 505 East Virginia Avenue 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.
505 East Virginia Avenue 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.
505 East Virginia Avenue 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 505 East Virginia Avenue compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- More space
- The 2-bedroom is 204 sqft larger than other listings nearby
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Rent trends in Peoria
2-bedroom apartments at 505 East Virginia Avenue cost about 22% less than the average rent price for 2-bedroom apartments in Peoria.
Median rents as of Apr 25 2026.
Peoria
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $900 |
| January 2026 | $939 |
| February 2026 | $833 |
| March 2026 | $975 |
| April 2026 | $850 |
Affordability calculator
Can I afford to live at 505 E Virginia Ave?
Bedrooms
2 bedroomsRent-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
$30,320/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,320 annually to afford this 2-bedrooms monthly rent price of $758.
For more information on rent affordability, visit our rent calculator.
Schools near 505 East Virginia Avenue
Glen Oak Community Learning Center
2100 n wisconsin ave
peoria, IL, 61603
K-8Public
C-
Lincoln K-8 School
700 mary st
peoria, IL, 61603
K-8Public
C-
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-
Robein Elementary School
200 campus ave
east peoria, IL, 61611
K-8Public
B-
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Internet available near 505 East Virginia Avenue
Neighborhood
Getting around Peoria near 505 E Virginia Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 505 E Virginia Ave, Peoria
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 505 E Virginia Ave
Lovely Food Mart Inc
1213 E McClure Ave
Sheridan Food Mart Inc
2415 N Sheridan Rd
Mega Food Mart
512 Spring St
International Grocer
703 NE Perry Ave
University Food Mart Inc
2604 N University St
Family Dollar
2321 N Wisconsin Ave
Fusion
2005 N Knoxville Ave
Black Ops Production LLC
2104 N Prospect Rd
The Baby Shoppe
1800 N Knoxville Ave
Janet Just For You
1750 N Sheridan Rd
Dunkin'
1600 N Knoxville Ave
Starbucks
1605 N Knoxville Ave
Starbucks
3706 N Prospect Rd
Dunkin'
3810 N Prospect Rd
Dunkin'
3428 N University St
Jimmy C's
2509 N Sheridan Rd
Whitey's Tip Top Inn
2601 N Sheridan Rd
Crusens
426 E War Memorial Dr
Castle's Patio Inn
802 W Loucks Ave
Cole's Corner Tap
1227 NE Adams St
Cookie Shack
3034 N Wisconsin Ave
Panaderia Ortiz Bakery
1404 NE Monroe St
Trefzger's Bakery
4416 N Prospect Rd
Sweet Cakes By Rachael
1233 W Brons Ave
Donna Jeans Cafe
121 E Lake Ave
Belly Buster Pizza-Wings Mart
900 E Arcadia Ave
McDonald's
2205 N Knoxville Ave
Pablos Ice Cream House
724 E Frye Ave
Masala Cafe Istana LLC
2118 N Knoxville Ave
Sparky Ringside
1914 N Wisconsin Ave
Wisconsin / McClure
Wisconsin
Wisconsin / McClure
Wisconsin
Wisconsin / Gift
Wisconsin
Wisconsin / Gift
Wisconsin
Wisconsin / Archer / Kroger
Wisconsin
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