Cheap Apartments for Rent in Pekin, IL from $750 (39 Rentals)

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Sunnyridge Apartments
1 to 2 Bedroom Apartments

Sunnyridge Apartments

222 Sunnyridge CtPekin, IL 61554
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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1001 Veerman St
1 Bedroom Apartments

1001 Veerman St

1001 Veerman StPekin, IL 61554
  • Utilities Included
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Vista Villa
1 to 2 Bedroom Apartments

Vista Villa

324 Buena Vista AvePekin, IL 61554
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2604 Pine St
Studio to 1 Bedroom Apartments

2604 Pine St

2604 Pine StPekin, IL 61554
  • Utilities Included
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609 S 3rd St
1 Bedroom Apartments

609 S 3rd St

609 S 3rd StPekin, IL 61554
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740 Prince St
1 to 3 Bedroom Apartments

740 Prince St

740 Prince StPekin, IL 61554

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Meadow Lane Apartments
1 to 3 Bedroom Apartments

Meadow Lane Apartments

1101 El Camino DrPekin, IL 61554
  • Utilities Included
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Lakeside
2 Bedroom Apartments

Lakeside

305 Lakeside AvePekin, IL 61554
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911 Hamilton St
1 to 3 Bedroom Apartments

911 Hamilton St

911 Hamilton StPekin, IL 61554

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-39, Page 1 of 1

Pekin, IL Local Guide

Cheapest Available Pekin Apartments for Rent and Nearby

 
Apartment ListingModel NameBed/BathPriced From
528 Henrietta1BR/1.0BA1BR,1BA$750
Sunset Hills ApartmentsSunset Hills3BR,2BA$925

Best Value Apartments for Rent in Pekin, IL and Nearby

As of September 05, 2026 the best value apartment in the Pekin area is the $0.71 price per square foot Sunset Hills Model at Sunset Hills Apartments in the starting from $925. The second greatest value Pekin apartment is the 5 Williamsburg Ct Model at 5 Williamsburg Ct, Unit D starting at $800 with a $0.99 price per square foot . Here is today’s list of the best values for Pekin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Hills ApartmentsSunset Hills3BR,2BA$0.71
5 Williamsburg Ct, Unit D5 Williamsburg Ct2BR,1BA$0.99
528 Henrietta1BR/1.0BA1BR,1BA$1.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pekin, IL

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Frequently Asked Questions about Cheap Pekin Apartments

How much is rent for a Cheap One Bedroom Pekin Apartment?

The lowest price for a Cheap One Bedroom Pekin Apartment is $750 at 528 Henrietta.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.