7

Centralia, IL Homes for Rent

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    $808 Per Month

    • 4 Beds
    • 2 Baths
    • 924 Sq Ft
    • House for Rent

    14 Deerwood Park, Centralia, IL 62801

    Property Id: 2600370Affordable Home Opportunity! Looking for a cozy home with great value? This 4-bedroom, 2-bath home at 14 Deerwood Park, Centralia, IL 62801 features a 14x66 layout and is priced at $29,999. Estimated monthly payment is $808 with an estimated down payment of $1,500. This home is in a clean, all-age community with a playground, dog park, and covered picnic area.

    14 Deerwood Park, Centralia, IL 62801
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    $867 Per Month

    • 3 Beds
    • 2 Baths
    • 1,064 Sq Ft
    • House for Rent

    91 Deerwood Park, Centralia, IL 62801

    Property Id: 2598446Affordable Home Opportunity! Looking for extra space? This 3-bedroom, 2-bath home at 91 Deerwood Park Centralia, IL 62801. features a spacious 14x76 layout and is priced at $35,000. Estimated monthly payment is $867 with an estimated down payment of $1,750.This home is in a clean, all-age community with a playground, dog park, covered picnic area. Sheds are

    91 Deerwood Park, Centralia, IL 62801
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    $906 Per Month

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft
    • House for Rent

    70 Deerwood Park, Centralia, IL 62801

    Property Id: 2613260Affordable Home Opportunity! Looking for a comfortable and affordable home? This 3-bedroom, 2-bath home at 70 Deerwood Park, Centralia, IL 62801 features a 16x76 layout and is priced at $39,000. Estimated monthly payment is $906 with an estimated down payment of $1,950. This home is in a clean, all-age community with a playground, dog park, and covered picnic

    70 Deerwood Park, Centralia, IL 62801
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    $957 Per Month

    • 3 Beds
    • 2 Baths
    • 990 Sq Ft
    • House for Rent

    44 Deerwood Park, Centralia, IL 62801

    Property Id: 2532464Affordable Home Opportunity! Discover this 3-bedroom, 2-bath home located at 44 Deerwood Park, Centralia, IL 62801. Featuring a 15x66 layout, this home is priced at $43,000 with estimated monthly payments of $957 and an estimated down payment of $2,150. This home is in a clean, all-age community with a playground, dog park, and covered picnic area. Sheds are

    44 Deerwood Park, Centralia, IL 62801
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    $867 Per Month

    • 3 Beds
    • 2 Baths
    • 1,064 Sq Ft
    • House for Rent

    16 Deerwood Park, Centralia, IL 62801

    Property Id: 2613248Affordable Home Opportunity! Looking for a comfortable and affordable home? This 3-bedroom, 2-bath home at 16 Deerwood Park, Centralia, IL 62801 features a 14x76 layout and is priced at $35,000. Estimated monthly payment is $867 with an estimated down payment of $1,750. This home is in a clean, all-age community with a playground, dog park, and covered picnic

    16 Deerwood Park, Centralia, IL 62801
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    $1,050

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,500 Sq Ft
    • House for Rent

    5 Randolph Dr, Centralia, IL 62801

    No Pets. No Smoking.New Roof.Welcome home to a shaded lot on a newly refinished home with plenty of space for the whole family to spread out and make themselves at home. This open concept Living Room, Dining Room with adjacent kitchen offers plenty of daylight from new windows Single Family Residence on a quiet street within an established neighborhood. No Pets. No Smoking.W/D hookups

    5 Randolph Dr, Centralia, IL 62801
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    $2,000 Per Month

    • Studio
    • 1 Bath
    • 1,500 Sq Ft
    • House for Rent

    320 S Locust St, Centralia, IL 62801

    Office Space for Lease - CentraliaApproximately 1,500 square feet of office space available in Centralia. An adjacent warehouse is also available and can be leased along with the office space if additional storage or workspace is needed.Included with Rent:All utilities paidHigh-speed internet includedContact us for more information or to schedule a tour after submitting your

    320 S Locust St, Centralia, IL 62801

Why Live in Centralia

Centralia, Illinois, is a rural city known for its iconic 165-foot carillon tower, the eighth largest globally, and its vibrant annual hot air balloon festival that draws tens of thousands of visitors. Despite facing challenges such as a declining population and limited employment opportunities, primarily in manufacturing and healthcare, Centralia is undergoing a revitalization led by local entrepreneurs. The city boasts a mix of historic home styles, including turn-of-the-century bungalows, Queen Annes, and Minimal Traditionals, with new housing options emerging through downtown apartment conversions. Outdoor enthusiasts can enjoy kayaking and fishing on Raccoon Lake and Lake Centralia, while parks like Foundation Park offer trails and disc golf. Centralia's downtown is experiencing a resurgence, with specialty shops, restaurants, and green spaces like Bell Tower Park enhancing the area. The city is also proud of its high school basketball team, the Orphans, one of the most successful programs in the country. Transportation options include Amtrak services and Illinois Route 161, which connects to St. Louis, 62 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Centralia, IL?
The median rent for a home in Centralia, IL is $906 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Centralia, IL?
To comfortably afford the median rent in Centralia, IL, a household needs to earn roughly $36,240 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $906 per month in Centralia, IL, renters typically need to show $2,718 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Centralia, IL?
In Centralia, IL, the price-to-rent ratio is 10.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$906
Median Single Family Home Rent
$906
How to Rent a Home