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Apartments in Pekin

1 - 18 of 18 Results
8
$850
Castlewood Apartments 2032
2032 Westgate Dr Pekin, IL
2 BR | Available Now
Contact
7
$800
800 & 800 1/2 Charlotte Street
800 Charlotte St Pekin, IL
2 BR | Available Now
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Storage
5
$600
Caroline 8 Apartments
340 Caroline St Pekin, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
6
$700
312 Buena Vis
Pekin, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
14
$700
1308 Chestnut St
Pekin, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
7
$850
105 Glendale
Manito, IL
2 BR | Available Now
Contact
9
$895
$99 Move In Special! 2 Bedroom, 1 Bathroom Apartment In Pekin, Il For Lease
2028 Westgate Dr Pekin, IL
2 BR | Available Now
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Cat Friendly
9
$750
411 E Essex
Glassford, IL
2 BR | Available Now
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Surface Parking
Storage
21
$950
111 Pin Oak Dr Unit Apt
Pekin, IL
2 BR | Jul. 15, 2024
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9
$725
2208 Stoneybrook Road, Unit Apt 3
Pekin, IL
1 BR | Available Now
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17
$900
21 Florentine Ct
Pekin, IL
2 BR | Available Now
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House
Balcony/Deck/Patio
Storage
19
$900
8 Florentine Ct
Pekin, IL
2 BR | Available Now
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House
13
$825
204 North Parkway Drive, Unit Apt A
Pekin, IL
2 BR | Available Now
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Dishwasher
15
$825
208 North Parkway Drive, Unit Apt B
Pekin, IL
2 BR | Available Now
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Balcony/Deck/Patio
22
$1,100
14 Florentine Ct
Pekin, IL
3 BR | Available Now
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House
Balcony/Deck/Patio
Storage
Dishwasher
16
$925
111 Pin Oak Drive, Unit Apt D
Pekin, IL
2 BR | Available Now
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13
$1,595
1203 Sheridan Rd
Pekin, IL
4 BR | Available Now
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House
Dishwasher
1
$725
615 S 11 Th St Unit Apt
Pekin, IL
2 BR | Available Now
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1 - 18 of 18 Results
  1. Home
  2. Peoria, IL Area Apartments
  3. Pekin

How much does it cost to rent an apartment in Pekin?

Pekin Apartments
Bed Type Average Rent Range
1BR $700 $600 - $730
2BR $850 $700 - $950
Frequently Asked Questions

How many apartments are available in Pekin, IL on Rentable.co?

Rentable.co has over 191 apartments available in Pekin.

What is the average rent for a one-bedroom apartment in Pekin, IL?

The average rent for a one-bedroom apartment in Pekin is around $700 per month.

What is the average rent for a two-bedroom apartment in Pekin, IL?

The average rent for a two-bedroom apartment in Pekin is around $850 per month.

How expensive is it to rent an apartment in Pekin, IL?

For a two-bedroom apartment in Pekin, the average rent price is $850 per month, which is lower than the national average of $1,630 per month.

Can I afford an apartment for rent in Pekin, IL?

Based on average rent prices in Pekin, to afford a one-bedroom apartment you would need an annual household income of $28,000 to live comfortably.

Search Cities Near Pekin, IL

East Peoria, IL
Peoria, IL
Morton, IL
Uttar Predesh, IL
Washington, IL

Pekin:
April Rent Report

Welcome to the April 2024 Pekin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Pekin rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Pekin and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Pekin average rent prices in the chart below.

Monthly Rent Report

$900
$680
$450
$230
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Pekin Rent Prices Increase From March to April

Pekin rent prices increased over the last month. From March to April, the city experienced a 5.39% increase for the price of a one-bedroom apartment. The rent price for a Pekin one-bedroom apartments currently stands at $626.0.

When we take a look at the two-bedroom comparison from March to April, Pekin experienced a 0.37% increase for the price of a two-bedroom apartment. The rent price for a Pekin two-bedroom apartments currently stands at $824.0.

April Prices: Pekin vs. Surrounding Areas

Rent Prices in Pekin and Surrounding Areas

Rent prices have increased in Pekin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Pekin suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Pekin suburbs

  • Rents did not decrease in any of the Pekin suburbs.

April 2024 Pricing Trends: Pekin vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Pekin Rent Prices More Affordable Than Major Cities

Rent growth in Pekin over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Pekin average rent prices appear to be relatively affordable for local residents.

The price for a Pekin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Pekin and surrounding area rent prices, take a look at the complete data set below.

Data set for Pekin and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Pekin Apartments
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