
Cheap Homes for Rent in Pekin, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Pekin.


2222 Mayflower Manor

1107 Silverton Ct

524 N 29th St

111 Kenwood Ave

608 E 8th St

341 N 42nd St

4435 Parker Ave

109 Kenwood Ave

102 S 43rd St
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 | $1,005 | $800 | $1,350 |
Pekin 3 Bedroom Homes for Rent | $1,612 | $800 | $2,550 |
Pekin 4 Bedroom Homes for Rent | $1,743 | $1,195 | $2,135 |
Pekin 5 Bedroom Homes for Rent | $2,147 | $1,950 | $2,345 |
Browse Top Homes for Rent in Pekin
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Pekin, IN Local Guide
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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. 1743 Culbertson Ave in the Downtown New Albany neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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 |
1743 Culbertson Ave | 1 Beds, 1 Baths | 1BR,1BA | $700 |
Stone Creek Apartments I & II | 1 Bed 1 Bath | 1BR,1BA | $775 |
Best Value Apartments for Rent in Pekin, IN and Nearby
As of October 14, 2025 the best value apartment in the Pekin area is the $0.96 price per square foot Three Bedroom Two Bath Model at Sheffield Square in the in the Downtown New Albany neighborhood starting from $1,592. The second greatest value Pekin apartment is the 3 Bedroom 2 Bath Model at Knobs Pointe Apartments starting at $1,425 with a $0.89 price per square foot in the Southern Indiana neighborhood. 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. |
---|---|---|---|
Sheffield Square | Three Bedroom Two Bath | 3BR,2BA | $0.96 |
Knobs Pointe Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $0.89 |
Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.01 |
Huntley Ridge New Albany | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.94 |
Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $1.08 |
High Park Apartments | 2 Bedroom | 2BR,1BA | $1.04 |
Courtyard Apartments | 2.1B | 2BR,1BA | $1.09 |
Stone Creek Apartments I & II | 1 Bed 1 Bath | 1BR,1BA | $1.11 |
Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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Best Local Schools in Pekin, IN
East Washington Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Pekin
What type of rentals are currently available in Pekin?
There are currently 44 Apartments for Rent in Pekin, IN with pricing that ranges from $200 to $1,950. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pekin ranging from $699 to $2,550.
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 $699 to $2,550 with an average monthly rent of $1,465.
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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.