
Cheap Homes for Rent in Petersburg, IL from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.


2013 S Spring St

619 S Walnut St

419 N 1st St

155 S Durkin Dr

1710 S Henry St

110 S Grand Ave W

1020 N Wesley St

1729 S 1st St

1616 S 7th St
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.

131 S Douglas Ave

824 E Ridgely Ave

2523 W Monroe St

1104 N 13th St

151 S Durkin Dr

1710 E Moffat Ave
Petersburg, IL Local Guide

How much does it cost to rent a home in Petersburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Petersburg 2 Bedroom Homes for Rent | $1,022 | $495 | $1,495 |
Petersburg 3 Bedroom Homes for Rent | $1,445 | $1,100 | $2,700 |
Petersburg 4 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
Petersburg 5 Bedroom Homes for Rent | $1,716 | $804 | $3,500 |
Browse Top Homes for Rent in Petersburg
Explore Petersburg
Petersburg, IL Local Guide
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Cheapest Available Petersburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Petersburg, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. The Hickcox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $634. Here is today’s list of the most affordable Petersburg apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $462 |
The Hickcox Collection | The Hickox | Studio,1BA | $634 |
Denison Place | One Bedroom | 1BR,1BA | $675 |
Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $695 |
Best Value Apartments for Rent in Petersburg, IL and Nearby
As of April 22, 2025 the best value apartment in the Petersburg area is the $0.92 price per square foot 2 Bedroom 2 Bath Model at Prairie Vista in the starting from $1,200. The second greatest value Petersburg apartment is the Three Bedroom, Two Bath (I) Model at Brainard Landings Apartments starting at $900 with a $0.75 price per square foot . Here is today’s list of the best values for Petersburg apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Prairie Vista | 2 Bedroom 2 Bath | 2BR,2BA | $0.92 |
Brainard Landings Apartments | Three Bedroom, Two Bath (I) | 3BR,2BA | $0.75 |
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Candles | A1 | 1BR,1BA | $1.11 |
Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $0.87 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
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Frequently Asked Questions about Petersburg
What type of rentals are currently available in Petersburg?
There are currently 37 Apartments for Rent in Petersburg, IL with pricing that ranges from $331 to $1,975. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $495 to $3,500.
What is the current price range for Rental Homes in Petersburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg ranges from $495 to $3,500 with an average monthly rent of $1,190.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.