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Centralia, IL Homes for Rent

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  • 235 S Hickory St, Centralia, IL 62801
    235 S Hickory St, Centralia, IL 62801
    /2

    $1,300 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    235 S Hickory St, Centralia, IL 62801

    Property Id: 2757768 Welcome to your new home at 235 S Hickory St in Centralia, IL! This charming single unit property features modern amenities including an oven, microwave, refrigerator, and freezer. With linoleum vinyl flooring, central AC, and forced air heating, you'll be comfortable year-round. Enjoy the convenience of off-street parking, a spacious lawn, and washer/dryer hookups. No

    235 S Hickory St, Centralia, IL 62801
  • 227 N Hickory St, Centralia, IL 62801
    227 N Hickory St, Centralia, IL 62801
    227 N Hickory St, Centralia, IL 62801
    /8

    $1,025 Per Month

    • 5 Beds
    • 3 Baths
    • 1,450 Sq Ft
    • House for Rent

    227 N Hickory St, Centralia, IL 62801

    Property Id: 2716458 Why keep renting when you could own? This home offers: • Affordable monthly payment • Move in right away • No traditional bank financing required • A chance to build ownership instead of paying rent Perfect for someone ready to take the next step toward owning a home but who may not qualify for a traditional mortgage. Opportunities like

    227 N Hickory St, Centralia, IL 62801
  • 15 Deerwood Park, Centralia, IL 62801
    15 Deerwood Park, Centralia, IL 62801
    15 Deerwood Park, Centralia, IL 62801
    /14

    $1,150 Per Month

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

    15 Deerwood Park, Centralia, IL 62801

    Property Id: 2733301 Affordable Home Opportunity! This brand-new 3-bedroom, 2-bath home features a spacious 16x76 layout and is located at 15 Deerwood Park, Centralia, IL 62801. The home is available for rent at $1,150 per month with a $2,300 security deposit. This home is in a clean, all-age community with a playground, dog park, and covered picnic area. Sheds are optional if you'd

    15 Deerwood Park, Centralia, IL 62801
  • 320 S Locust St, Centralia, IL 62801
    320 S Locust St, Centralia, IL 62801
    320 S Locust St, Centralia, IL 62801
    /12

    $1,925 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
Illinois Marion County

Homes for Rent in Centralia, IL

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.

Learn more about living in Centralia

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 $1,025 per month, though prices vary by neighborhood, size, and property type. As of August 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 $41,000 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 $1,025 per month in Centralia, IL, renters typically need to show $3,075 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 9.1, 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 Trends in Centralia, IL

There are currently 4 homes available for rent in Centralia, IL. The median rent is $1,025 per month, with single-family homes renting at $1,025.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,025
Median Single Family Home Rent
$1,025
How to Rent a Home

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