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Petersburg, IL Condos for Rent

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  • 119 W Taylor St Unit D, Petersburg, IL 62675
    119 W Taylor St Unit D, Petersburg, IL 62675
    119 W Taylor St Unit D, Petersburg, IL 62675
    /15

    $750 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    119 W Taylor St Unit D, Petersburg, IL 62675

    Property Id: 1480158Welcome to your new home at 119 W Taylor St in Petersburg, IL! This charming 2 bedroom, 1 bathroom unit is available starting May 17, 2024 for $725/month. Enjoy amenities such as a loft, vaulted ceilings, and more. It's only a few minutes from New Salem. Don't miss out on this opportunity!

    119 W Taylor St Unit D, Petersburg, IL 62675
  • 119 W Taylor St Unit B, Petersburg, IL 62675
    119 W Taylor St Unit B, Petersburg, IL 62675
    119 W Taylor St Unit B, Petersburg, IL 62675
    /11

    $750 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    119 W Taylor St Unit B, Petersburg, IL 62675

    Property Id: 1524256Welcome to your new home at 119 W Taylor St Unit B in Petersburg, IL! This cozy 2 bedroom, 1 bathroom unit is perfect for you. It was once a church before being converted to a fourplex. This unit has a loft overlooking the dining room/kitchen. Recent updates include a completely remodeled bathroom, brand new AC unit, and roof. Don't miss out on this amazing

    119 W Taylor St Unit B, Petersburg, IL 62675
Illinois Menard County Petersburg

Condos for Rent in Petersburg, IL

Frequently Asked Questions

How much does it cost to rent a condo in Petersburg, IL?
The median rent for a condo in Petersburg, IL is $750 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Petersburg, IL?
To comfortably afford the median rent in Petersburg, IL, a household needs to earn roughly $30,000 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 $750 per month in Petersburg, IL, renters typically need to show $2,250 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 Petersburg, IL?
In Petersburg, IL, the price-to-rent ratio is 23.3, 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.

Condo Rental Trends in Petersburg, IL

There are currently 2 condos available for rent in Petersburg, IL. The median rent is $750 per month, with 2-bedroom condos at $750.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$750
Median 2 Bedroom Condo Rent
$750
How to Rent a Home

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