555 S Schuyler Ave
KankakeeIL60901
Cheap Homes for Rent in Peotone, IL from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Peotone.
1235 Columbia St
CreteIL60417
29837 IL-50
PeotoneIL60468
3444 Western Ave
Park ForestIL60466
4061 Charleston Rd
MattesonIL60443
21 Indianwood Blvd
Park ForestIL60466
Showing Results 1-6, Page 1 of 1
Peotone, IL Local Guide
Downtown Peotone Historic District by Teemu08 is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Peotone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peotone 2 Bedroom Homes for Rent | $1,673 | $1,100 | $2,200 |
| Peotone 3 Bedroom Homes for Rent | $2,080 | $1,599 | $2,750 |
| Peotone 4 Bedroom Homes for Rent | $2,249 | $1,899 | $2,700 |
Browse Top Homes for Rent in Peotone
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Peotone, IL Local Guide
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Cheapest Available Peotone Apartments for Rent and Nearby
The cheapest available apartment rental in Peotone, IL is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. Here is today’s list of the most affordable Peotone apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $800 |
| St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $811 |
| The Shields | 2 Bedroom | 2BR,1BA | $979 |
Best Value Apartments for Rent in Peotone, IL and Nearby
As of November 14, 2025 the best value apartment in the Peotone area is the $1.44 price per square foot 2BD\2BA with Office Model at 6607 181st St in the in the Brookside Glen neighborhood starting from $1,800. The second greatest value Peotone apartment is the 1 Bedroom 1 Bath Model at Central Park starting at $1,239 with a $1.04 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Peotone apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6607 181st St | 2BD\2BA with Office | 2BR,2BA | $1.44 |
| Central Park | 1 Bedroom 1 Bath | 1BR,1BA | $1.04 |
| The Shields | 2 Bedroom | 2BR,1BA | $1.00 |
| St James Senior Apartments | Two Bedroom One Bath | 2BR,1BA | $1.25 |
| Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.83 |
| Carriage Creek Apartments | 2 bedroom | 2BR,1BA | $1.42 |
| 21746 Jeffrey Avenue | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.54 |
| Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.84 |
| Dynasty House Apartments | 1 Bedroom UNIV | 1BR,1BA | $1.68 |
| Crest Apartments | Studio | Studio ,1BA | $1.78 |
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Frequently Asked Questions about Peotone
What type of rentals are currently available in Peotone?
There are currently 50 Apartments for Rent in Peotone, IL with pricing that ranges from $800 to $3,690. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peotone ranging from $750 to $2,750.
What is the current price range for Rental Homes in Peotone?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peotone ranges from $750 to $2,750 with an average monthly rent of $1,590.
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.
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!
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.