
Cheap Homes for Rent in Pekin, IL from $400 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Pekin.


2807 W Nevada St

2010 West Malone Street

2213 Stoneybrook Rd

1220 W John H Gwynn Jr Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2005 S Stanley St

1516 S Lydia Ave

2203 W Howett St

1531 S Lydia Ave

260 Cooper St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1825 S Kneer Ave

2114 W Callender Ave

2116 W Proctor St

2728 W Wyoming St

2013 W Laura Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Pekin, IL Local Guide

How much does it cost to rent a home in Pekin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pekin 2 Bedroom Homes for Rent | $920 | $495 | $1,250 |
| Pekin 3 Bedroom Homes for Rent | $1,246 | $695 | $1,900 |
| Pekin 4 Bedroom Homes for Rent | $1,370 | $1,370 | $1,370 |
| Pekin 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Pekin
Explore Pekin
Pekin, IL Local Guide
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Cheapest Available Pekin Apartments for Rent
 The cheapest available apartment rental in Pekin, IL is a 1 Bed unit found at Willow Oaks Apartments priced from $760. Williamsburg Townhouses has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Pekin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Oaks Apartments | One Bedroom | 1BR,1BA | $760 |
| Williamsburg Townhouses | One Bedroom | 1BR,1BA | $795 |
| Sunset Hills Apartments | Sunset Hills | 3BR,2BA | $925 |
Best Value Apartments for Rent in Pekin, IL
As of December 24, 2025 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 1204 S 13th St Model at 1204 S 13th St, Unit 1204 1/2 starting at $850 with a $0.85 price per square foot . Here is today’s list of the best values for Pekin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Hills Apartments | Sunset Hills | 3BR,2BA | $0.71 |
| 1204 S 13th St, Unit 1204 1/2 | 1204 S 13th St | 1BR,1BA | $0.85 |
| Willow Oaks Apartments | One Bedroom | 1BR,1BA | $1.04 |
| Williamsburg Townhouses | One Bedroom | 1BR,1BA | $1.37 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Pekin, IL
Pekin Community High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pekin, IL Rentals by Map
See the most popular apartments and homes in Pekin, IL
Frequently Asked Questions about Pekin
What type of rentals are currently available in Pekin?
There are currently 59 Apartments for Rent in Pekin, IL with pricing that ranges from $699 to $1,100. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pekin ranging from $495 to $1,900.
What is the current price range for Rental Homes in Pekin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pekin ranges from $495 to $1,900 with an average monthly rent of $1,155.
How much are larger Three and Four Bedroom Rentals in Pekin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pekin range from $925 to $995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,370 and Four Bedroom Apartments start at $1,000.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!