2121 Culbertson Ave
New AlbanyIN47150
Cheap Homes for Rent in Pekin, IN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Pekin.
112 Boston Ct
LouisvilleKY40212
3416 W Main St
LouisvilleKY40212
451 N 25th St
LouisvilleKY40212
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.
223 N 37th St
LouisvilleKY40212
4435 Parker Ave
LouisvilleKY40212
2530 St Xavier St
LouisvilleKY40212
3622 W Jefferson St
LouisvilleKY40212
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.
Showing Results 1-8, Page 1 of 1
Pekin, IN Local Guide
Forest in Indiana by Kurt Beard is licensed under CC BY 2.0
How much does it cost to rent a home in Pekin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pekin 2 Bedroom Homes for Rent | $1,162 | $900 | $1,650 |
| Pekin 3 Bedroom Homes for Rent | $1,498 | $975 | $2,110 |
| Pekin 4 Bedroom Homes for Rent | $1,897 | $1,600 | $2,195 |
| Pekin 5 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Browse Top Homes for Rent in Pekin
Explore Pekin
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. Brookview Glen in the Downtown New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. 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 | $699 |
| Willow Grove Apartments | 1 Bed, 1 Bath Flat | 1BR,1BA | $795 |
Best Value Apartments for Rent in Pekin, IN and Nearby
As of April 16, 2026 the best value apartment in the Pekin area is the $1.00 price per square foot Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals in the starting from $1,150. The second greatest value Pekin apartment is the Two Bed Model at Plum Ridge Apartments starting at $1,250 with a $1.10 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. |
|---|---|---|---|
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.10 |
| Adelyn Apartments | 6 | 2BR,2BA | $1.07 |
| Highland Glen | 3B | 3BR,2BA | $1.07 |
| Huntley Ridge New Albany | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.94 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $1.03 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $0.94 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
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Best Local Schools in Pekin, IN
East Washington Elementary School
East Washington School Corp
Public School - Grades PK-5 (542)
9 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pekin, IN Rentals by Map
See the most popular apartments and homes in Pekin, IN
Frequently Asked Questions about Pekin
What type of rentals are currently available in Pekin?
There are currently 52 Apartments for Rent in Pekin, IN with pricing that ranges from $200 to $1,642. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pekin ranging from $750 to $2,195.
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 $750 to $2,195 with an average monthly rent of $1,409.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.