Cheap Apartments for Rent in South Pekin, IL from $500 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in South Pekin.

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.

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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.

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8710 W Main St
Studio Apartments

8710 W Main St

8710 W Main StMapleton, IL 61547
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1001 Veerman St
1 Bedroom Apartments

1001 Veerman St

1001 Veerman StPekin, IL 61554
  • Utilities Included
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Linn St Commons
1 Bedroom Apartments

Linn St Commons

2112-2117 N Linn StPeoria, IL 61604
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2604 Pine St
Studio to 1 Bedroom Apartments

2604 Pine St

2604 Pine StPekin, IL 61554
  • Utilities Included

Cash 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.

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1107 Pekin Ave
1 Bedroom Apartments

1107 Pekin Ave

1107 Pekin AveCreve Coeur, IL 61610
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Cityscape Apartments
2 to 3 Bedroom Apartments

Cityscape Apartments

601 W Romeo B Garrett AvePeoria, IL 61605
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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511 W High St
1 to 2 Bedroom Apartments

511 W High St

511 W High StPeoria, IL 61606

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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911 Hamilton St
1 to 3 Bedroom Apartments

911 Hamilton St

911 Hamilton StPekin, IL 61554
Showing Results 1-44, Page 1 of 1

South Pekin, IL Local Guide

Cheapest Available South Pekin Apartments for Rent and Nearby

 

The cheapest available apartment rental in South Pekin, IL is a 1 Bed unit found at The Avenue Apartments in the Averyville neighborhood priced from $650. Willow Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here is today’s list of the most affordable South Pekin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
Willow Oaks ApartmentsOne Bedroom1BR,1BA$760
Williamsburg TownhousesOne Bedroom1BR,1BA$795
106 S 4th St2 bedroom2BR,1BA$800
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Civic Center Plaza ApartmentsStudioStudio,1BA$825
Morton Estates1 Bedroom1BR,1BA$850
Westporte ApartmentsWP1B1BR,1BA$850
Sunset Hills ApartmentsSunset Hills3BR,2BA$925
Brandywine Crossing Apartments1 Bedroom1BR,1BA$927

Best Value Apartments for Rent in South Pekin, IL and Nearby

As of May 18, 2026 the best value apartment in the South Pekin area is the $1.31 price per square foot 3 Beds, 2.5 baths Model at Chelsea Townhouses in the starting from $2,100. The second greatest value South Pekin apartment is the Sunset Hills Model at Sunset Hills Apartments starting at $925 with a $0.71 price per square foot . Here is today’s list of the best values for South Pekin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chelsea Townhouses3 Beds, 2.5 baths3BR,2.5BA$1.31
Sunset Hills ApartmentsSunset Hills3BR,2BA$0.71
1113 W Moss AveA2BR,1BA$0.79
ASPEN BLUFF APARTMENTSThree Bedrooms Two Bathroom3BR,2BA$1.14
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
511 W High St1 BR1BR,1BA$1.19
Willow Oaks ApartmentsOne Bedroom1BR,1BA$1.04
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.18
106 S 4th St2 bedroom2BR,1BA$1.21
The Avenue Apartments1B/ 1BA1BR,1BA$1.06

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore South Pekin, IL Rentals by Map

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See the most popular apartments and homes in South Pekin, IL

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Frequently Asked Questions about Cheap South Pekin Apartments

What is the Cheapest Studio apartment in South Pekin?

Currently the most affordable Cheap Studio Apartment in South Pekin is at Civic Center Plaza Apartments listed at $825.

How much is rent for a Cheap One Bedroom South Pekin Apartment?

The lowest price for a Cheap One Bedroom South Pekin Apartment is $650 at The Avenue Apartments.

What is the lowest price for a Cheap Two Bedroom South Pekin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Pekin is starting from $750 at The Avenue Apartments.

What is the most affordable South Pekin Three Bedroom Apartment?

The best deal on a cheap South Pekin Three Bedroom Apartment rental is at Sunset Hills Apartments and starts from $925.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.