
Cheap Homes for Rent in Petersburg, IL from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.


1248 Ledlie Ave

131 S Douglas Ave

3500 N Dirksen Pkwy

824 E Ridgely Ave

109 S Walnut St

300 Forrest Ave

926 W Washington St

717 S Douglas Ave

107 S Livingston St

1134 N 1st St

79 Casting Rd

1815 N 9th St

202 N State St

1105 N 5th St

525 E Pine St

613 S 5th St
Petersburg, IL Local Guide

How much does it cost to rent a home in Petersburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Petersburg 2 Bedroom Homes for Rent | $1,155 | $825 | $2,200 |
Petersburg 3 Bedroom Homes for Rent | $1,551 | $875 | $2,900 |
Petersburg 4 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Petersburg 5 Bedroom Homes for Rent | $1,110 | $1,110 | $1,110 |
Browse Top Homes for Rent in Petersburg
Explore Petersburg
Petersburg, IL Local Guide
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Cheapest Available Petersburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Petersburg, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. The Hickox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $628. Here is today’s list of the most affordable Petersburg apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $462 |
The Hickox Collection | The Hickox | Studio,1BA | $628 |
Denison Place | One Bedroom | 1BR,1BA | $675 |
Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
Best Value Apartments for Rent in Petersburg, IL and Nearby
As of August 27, 2025 the best value apartment in the Petersburg area is the $0.90 price per square foot Two Bedroom Two Bath Model at Koke Mill Apartments in the starting from $950. The second greatest value Petersburg apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for Petersburg apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Koke Mill Apartments | Two Bedroom Two Bath | 2BR,2BA | $0.90 |
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
Meadow View Landing | 2 Bedroom/1 Bath | 2BR,1BA | $1.04 |
Safe Harbor Properties | Downtown | 1BR,1BA | $1.03 |
3TEN | B1 | 2BR,1BA | $1.01 |
New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
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Frequently Asked Questions about Petersburg
What type of rentals are currently available in Petersburg?
There are currently 39 Apartments for Rent in Petersburg, IL with pricing that ranges from $331 to $2,060. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $700 to $3,495.
What is the current price range for Rental Homes in Petersburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg ranges from $700 to $3,495 with an average monthly rent of $1,628.
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 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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.