
Cheap Homes for Rent in Pekin, IN from $800 (6 Rentals)
Cheap Homes in Pekin.


2-982 W Vest St

126 N Longworth Ave
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.

608 E 8th St

343 N 42nd St

104 S 46th St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Pekin, IN 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 | $1,253 | $850 | $2,000 |
Pekin 3 Bedroom Homes for Rent | $1,742 | $1,060 | $2,430 |
Pekin 5 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
Browse Top Homes for Rent in Pekin
Explore Pekin
Pekin, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Pekin Apartments for Rent and Nearby
 The cheapest available apartment rental in Pekin, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Brookview Glen in the Downtown New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $378. Here is today’s list of the most affordable Pekin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
Brookview Glen | Studio | Studio,1BA | $378 |
1743 Culbertson Ave | 1 Beds, 1 Baths | 1BR,1BA | $795 |
Best Value Apartments for Rent in Pekin, IN and Nearby
As of May 07, 2025 the best value apartment in the Pekin area is the $0.89 price per square foot Koehler Springs II Model at Koehler Springs in the in the Southern Indiana neighborhood starting from $1,200. The second greatest value Pekin apartment is the Villas of Heritage Springs Apartments Model at Heritage Springs Rentals starting at $1,200 with a $1.03 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. |
---|---|---|---|
Koehler Springs | Koehler Springs II | 3BR,2.5BA | $0.89 |
Heritage Springs Rentals | Villas of Heritage Springs Apartments | 2BR,2BA | $1.03 |
Knobs Pointe Apartments | 2 Bedroom 2 Bath A | 2BR,2BA | $0.78 |
Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
Glenview Apartments | 2 Bedroom 2nd Floor | 2BR,1.5BA | $0.93 |
Stone Creek Apartments I & II | 2 Bed 1 Bath | 2BR,1BA | $0.95 |
High Park Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
Courtyard Apartments | 2.1A | 2BR,1BA | $1.03 |
Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
Brookview Glen | Studio | Studio ,1BA | $0.95 |
Quick 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.
Frequently Asked Questions about Pekin
What type of rentals are currently available in Pekin?
There are currently 42 Apartments for Rent in Pekin, IN with pricing that ranges from $200 to $2,430. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pekin ranging from $850 to $2,430.
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 $850 to $2,430 with an average monthly rent of $1,535.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.