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Newest Homes for Rent in Centralia, IL

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  • /12

    $1,750 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
  • /15

    $750 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    1119 S Brookside Ave, Centralia, IL 62801

    Property Id: 2813382 This 2-bed, 1-bath home in Centralia, IL is available through seller financing — $1,250 down and $750/month, toward a $69,000 purchase price. No bank financing required — ask us about qualifying.

    1119 S Brookside Ave, Centralia, IL 62801
  • /9

    $981 Per Month

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

    97 Deerwood Park, Centralia, IL 62801

    Property Id: 2797563 Affordable Home Opportunity! Looking for a spacious and affordable home? This 3-bedroom, 2-bath home at 97 Deerwood Park, Centralia, IL 62801 features a 16x76 layout and is priced at $45,000. Estimated monthly payment is $981 with an estimated down payment of $2,250. This home is in a clean, all-age community with a playground, dog park, and covered picnic area.

    97 Deerwood Park, Centralia, IL 62801
  • /9

    $1,061 Per Month

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft
    • House for Rent

    93 Deerwood Park, Centralia, IL 62801

    Property Id: 2797544 Affordable Home Opportunity! Looking for a comfortable and affordable home? This double-wide 2-bedroom, 2-bath home at 93 Deerwood Park, Centralia, IL 62801 features a spacious 24x52 layout and is priced at $52,500. Estimated monthly payment is $1,061 with an estimated down payment of $2,625. This home is in a clean, all-age community with a playground, dog park,

    93 Deerwood Park, Centralia, IL 62801
  • /2

    $410 Per Month

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft
    • House for Rent

    81 Deerwood Park, Centralia, IL 62801

    Property Id: 2800373 Take Advantage of Our Handyman Home Offer! This 2-bedroom, 1-bath home features a 12x56 layout and is located at 81 Deerwood Park, Centralia, IL 62801. The home is offered at no cost — you only need to pay the monthly lot rent. The community offers a playground, dog park, and covered picnic area. Sheds are optional—if you’d like to rent one for extra storage, just

    81 Deerwood Park, Centralia, IL 62801
  • /20

    $795 Per Month

    • 3 Beds
    • 2 Baths
    • 1,814 Sq Ft
    • House for Rent

    805 S Hickory St, Centralia, IL 62801

    Property Id: 2791672 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 this don't last long at this price

    805 S Hickory St, Centralia, IL 62801
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    $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

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 9.3, 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
$1,025
Median Single Family Home Rent
$1,025
How to Rent a Home