
Cheap Apartments for Rent in Pekin, IN from $300 (3 Rentals)
Cheap Apartments in Pekin.

Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Brookview Glen
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Foxtail Pointe
Pekin, IN Local Guide

How much does it cost to rent an apartment in Pekin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pekin Studio Apartments | $972 | $378 | $1,190 |
Pekin 1 Bedroom Apartments | $1,014 | $200 | $1,730 |
Pekin 2 Bedroom Apartments | $1,213 | $487 | $1,615 |
Pekin 3 Bedroom Apartments | $1,504 | $560 | $2,430 |
Browse Top Apartments in Pekin
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Pekin, IN Local Guide
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Best Value Apartments for Rent in Pekin, IN and Nearby
As of May 08, 2025 the best value apartment in the Pekin area is the $0.89 price per square foot Koehler Springs II Model at Koehler Springs in the in the Southern Indiana neighborhood starting from $1,200. The second greatest value Pekin apartment is the 2 Bedroom Townhome Newly Renovated Model at Lochwood Apartments starting at $1,275 with a $1.06 price per square foot in the Downtown New Albany neighborhood. Here is today’s list of the best values for Pekin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Koehler Springs | Koehler Springs II | 3BR,2.5BA | $0.89 |
Lochwood Apartments | 2 Bedroom Townhome Newly Renovated | 2BR,1.5BA | $1.06 |
Heritage Springs Rentals | Villas of Heritage Springs Apartments | 2BR,2BA | $1.03 |
Glenview Apartments | 2 Bedroom 2nd Floor | 2BR,1.5BA | $0.93 |
Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
Stone Creek Apartments I & II | 2 Bed 1 Bath | 2BR,1BA | $0.95 |
High Park Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
Courtyard Apartments | 2.1A | 2BR,1BA | $1.03 |
Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
Brookview Glen | Studio | Studio ,1BA | $0.95 |
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Best Local Schools in Pekin, IN
East Washington Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Pekin, IN
Walk Score®
9 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
16 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Pekin Apartments
How much is rent for a Cheap One Bedroom Pekin Apartment?
The lowest price for a Cheap One Bedroom Pekin Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom Pekin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pekin is starting from $828 at Courtyard Apartments.
What is the most affordable Pekin Three Bedroom Apartment?
The best deal on a cheap Pekin Three Bedroom Apartment rental is at Koehler Springs and starts from $1,200.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.