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Newest Homes for Rent in Peotone, IL

Section Image
  • 29837 Il-50, Peotone, IL 60468
    29837 Il-50, Peotone, IL 60468
    29837 Il-50, Peotone, IL 60468
    /10

    $1,000 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    29837 Il-50, Peotone, IL 60468

    Come check out the newly remodeled North Peotone Apartment complex!! No expense was spared to make this community the best on the south side!! There are laundry facilities on site. Grilling area. Plenty of parking. We have multiple units that are now available for immediate occupancy. Studio, 1 bedrooms, and 2 bedrooms. All units have been updated with new flooring, paint, appliances and more.

    29837 Il-50, Peotone, IL 60468
  • 29837 Il-50, Peotone, IL 60468
    29837 Il-50, Peotone, IL 60468
    29837 Il-50, Peotone, IL 60468
    /16

    $900 Per Month

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    29837 Il-50, Peotone, IL 60468

    Come check out the newly remodeled North Peotone Apartment complex!! No expense was spared to make this community the best on the south side!! There are laundry facilities on site. Grilling area. Plenty of parking. We have multiple units that are now available for immediate occupancy. Studio, 1 bedrooms, and 2 bedrooms. All units have been updated with new flooring, paint, appliances and more.

    29837 Il-50, Peotone, IL 60468
  • 29837 Illinois 50 Unit 7, Peotone, IL 60468
    29837 Illinois 50 Unit 7, Peotone, IL 60468
    29837 Illinois 50 Unit 7, Peotone, IL 60468
    /16

    $1,000 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Apartment for Rent

    29837 Illinois 50 Unit 7, Peotone, IL 60468

    Limited-Time Special: In support of those affected by the recent storms, we're pleased to offer flexible leasing options at this property, including month-to-month, 3-month, and 6-month terms. Contact us today to learn more about this special opportunity. Beware: We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our

    Gino Picciola Chase Real Estate LLC

    29837 Illinois 50 Unit 7, Peotone, IL 60468
  • 29837 Illinois 50 Unit 13, Peotone, IL 60468
    29837 Illinois 50 Unit 13, Peotone, IL 60468
    29837 Illinois 50 Unit 13, Peotone, IL 60468
    /16

    $900 Per Month

    • 1 Bath
    • 500 Sq Ft
    • Apartment for Rent

    29837 Illinois 50 Unit 13, Peotone, IL 60468

    Limited-Time Special: In support of those affected by the recent storms, we're pleased to offer flexible leasing options at this property, including month-to-month, 3-month, and 6-month terms. Contact us today to learn more about this special opportunity. Beware: We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our

    Gino Picciola Chase Real Estate LLC

    29837 Illinois 50 Unit 13, Peotone, IL 60468
  • 29837 Il-50, Peotone, IL 60468
    29837 Il-50, Peotone, IL 60468
    29837 Il-50, Peotone, IL 60468
    /18

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    29837 Il-50, Peotone, IL 60468

    Come check out the newly remodeled North Peotone Apartment complex!! No expense was spared to make this community the best on the south side!! There are laundry facilities on site. Grilling area. Plenty of parking. We have multiple units that are now available for immediate occupancy. Studio, 1 bedrooms, and 2 bedrooms. All units have been updated with new flooring, paint, appliances and more.

    29837 Il-50, Peotone, IL 60468
  • 29837 Illinois 50 Unit E5, Peotone, IL 60468
    29837 Illinois 50 Unit E5, Peotone, IL 60468
    29837 Illinois 50 Unit E5, Peotone, IL 60468
    /16

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Apartment for Rent

    29837 Illinois 50 Unit E5, Peotone, IL 60468

    Limited-Time Special: In support of those affected by the recent storms, we're pleased to offer flexible leasing options at this property, including month-to-month, 3-month, and 6-month terms. Contact us today to learn more about this special opportunity. Beware: We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our

    Gino Picciola Chase Real Estate LLC

    29837 Illinois 50 Unit E5, Peotone, IL 60468
  • 29837 Illinois 50 Unit E6, Peotone, IL 60468
    29837 Illinois 50 Unit E6, Peotone, IL 60468
    29837 Illinois 50 Unit E6, Peotone, IL 60468
    /15

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Apartment for Rent

    29837 Illinois 50 Unit E6, Peotone, IL 60468

    Limited-Time Special: In support of those affected by the recent storms, we're pleased to offer flexible leasing options at this property, including month-to-month, 3-month, and 6-month terms. Contact us today to learn more about this special opportunity. Beware: We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our

    Gino Picciola Chase Real Estate LLC

    29837 Illinois 50 Unit E6, Peotone, IL 60468
  • 29837 Illinois 50 Unit 41A, Peotone, IL 60468
    29837 Illinois 50 Unit 41A, Peotone, IL 60468
    29837 Illinois 50 Unit 41A, Peotone, IL 60468
    /13

    $1,000 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Apartment for Rent

    29837 Illinois 50 Unit 41A, Peotone, IL 60468

    Limited-Time Special: In support of those affected by the recent storms, we're pleased to offer flexible leasing options at this property, including month-to-month, 3-month, and 6-month terms. Contact us today to learn more about this special opportunity. Come check out the newly remodeled North Peotone Apartment complex!! No expense was spared to make this community the best on the south side!!

    Gino Picciola Chase Real Estate LLC

    29837 Illinois 50 Unit 41A, Peotone, IL 60468
Illinois Will County Peotone

Newest Homes for Rent in Peotone, IL

Frequently Asked Questions

How much does it cost to rent a home in Peotone, IL?
The median rent for a home in Peotone, IL is $1,000 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Peotone, IL?
To comfortably afford the median rent in Peotone, IL, a household needs to earn roughly $40,000 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 $1,000 per month in Peotone, IL, renters typically need to show $3,000 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 Peotone, IL?
In Peotone, IL, the price-to-rent ratio is 27.5, 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 Peotone, IL are best for renting a home?
The best neighborhood for renting in Peotone, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Goodenow, West Matteson and Beacon Hill, each with its own character and price range.

Rental Home Trends in Peotone, IL

There are currently 8 homes available for rent in Peotone, IL. The median rent is $1,000 per month, with condos at $1,200.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,000
Median Condo Rent
$1,200
How to Rent a Home

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