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Newest Homes for Rent in Pekin, IL

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  • 1320 S 11th St Unit A1, Pekin, IL 61554
    1320 S 11th St Unit A1, Pekin, IL 61554
    1320 S 11th St Unit A1, Pekin, IL 61554
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    $1,250

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    1320 S 11th St Unit A1, Pekin, IL 61554

    Utilities included in this main floor duplex! Highlights include recent painting, entirely carpet free, a large eat-in kitchen, and separate living room. Not many apartments offer this much space or privacy. Coin laundry available in the basement. Electric, gas, water, & trash all INCLUDED in rent price.

    1320 S 11th St Unit A1, Pekin, IL 61554
  • 712 Summer St, Pekin, IL 61554
    712 Summer St, Pekin, IL 61554
    712 Summer St, Pekin, IL 61554
    /15

    $1,286 Per Month

    • 3 Beds
    • 1 Bath
    • 1,305 Sq Ft
    • House for Rent

    712 Summer St, Pekin, IL 61554

    Welcome to your recently-updated 3-bedroom, 1-bath home on Summer St in the John Kraeger Subd subdivision of Pekin. We are pet-friendly! Your dogs and cats are welcome at 712 Summer Street.Enjoy the contemporary atmosphere of this newly refreshed home. Modern conveniences abound, including whole-home Air Conditioning, an electric Stove and Oven, and a refrigerator. The updated

    (309) 650-9202

    712 Summer St, Pekin, IL 61554
  • 100 Ironwood Dr Unit 1, Pekin, IL 61554
    100 Ironwood Dr Unit 1, Pekin, IL 61554
    100 Ironwood Dr Unit 1, Pekin, IL 61554
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    Starting at $1,495 Per Month

    • 2 Beds

    100 Ironwood Dr Unit 1, Pekin, IL 61554

    BRAND NEW APARTMENTS UNDER CONSTRUCTION - MOVE IN DECEBMER 2022. CALL TODAY.

    The McKinley

    (309) 650-9235

    100 Ironwood Dr Unit 1, Pekin, IL 61554
  • 1200 Florence Ave, Pekin, IL 61554
    1200 Florence Ave, Pekin, IL 61554
    1200 Florence Ave, Pekin, IL 61554
    /20

    Starting at $795 Per Month

    • 1 - 4 Beds

    1200 Florence Ave, Pekin, IL 61554

    Spacious townhouses - front and back door, just like your own home. Central Air conditioning, play areas for children, large laundry facility, and on-site staff and maintenance. Find out why thousands have called Williamsburg HOME.

    Williamsburg Townhouses

    (309) 322-9493

    1200 Florence Ave, Pekin, IL 61554
  • 1225 Florence Ave, Pekin, IL 61554
    1225 Florence Ave, Pekin, IL 61554
    1225 Florence Ave, Pekin, IL 61554
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    Starting at $760 Per Month

    • 1 - 2 Beds

    1225 Florence Ave, Pekin, IL 61554

    Nicely located near the north side of Pekin, we have on-site staff and maintenance; a beautiful laundry facility; plenty of storage space; even storage sheds!

    Willow Oaks Apartments

    (309) 322-9235

    1225 Florence Ave, Pekin, IL 61554
  • 1820 Vienna Ct, Pekin, IL 61554
    1820 Vienna Ct, Pekin, IL 61554
    1820 Vienna Ct, Pekin, IL 61554
    /30

    Starting at $740 Per Month

    • 1 - 3 Beds

    1820 Vienna Ct, Pekin, IL 61554

    Wooded, quiet area in the popular Sunset Hills subdivision of Peoria. A variety of floor plans, many with walk in closets. Laundry facilities on site. Close to Wal Mart, Buffalo Wild Wings, Sunset Shopping Plaza, Culver's, and More!

    Sunset Hills Apartments

    (309) 328-8948

    1820 Vienna Ct, Pekin, IL 61554
Illinois Tazewell County Pekin

Newest Homes for Rent in Pekin, IL

Frequently Asked Questions

How much does it cost to rent a home in Pekin, IL?
The median rent for a home in Pekin, IL is $1,268 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Pekin, IL?
To comfortably afford the median rent in Pekin, IL, a household needs to earn roughly $50,720 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 $1,268 per month in Pekin, IL, renters typically need to show $3,804 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 Pekin, IL?
In Pekin, IL, the price-to-rent ratio is 8.7, 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.
What neighborhoods in Pekin, IL are best for renting a home?
The best neighborhood for renting in Pekin, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Peoria, West Bluff, North Peoria and Hillcrest, each with its own character and price range.

Rental Home Trends in Pekin, IL

There are currently 6 homes available for rent in Pekin, IL. The median rent is $1,268 per month, with single-family homes renting at $1,325 and condos at $724.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,268
Median Single Family Home Rent
$1,325
Median Condo Rent
$724
How to Rent a Home

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