
Cheap Homes for Rent in Petersburg, IL from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.


2013 S Spring St

3124 E Carpenter St

702 W Miller St

419 N 1st St

1020 N Wesley St

131 S Douglas Ave

819 N Bond St

1508 E Moffat Ave

1616 S 7th St

824 E Ridgely Ave

418 W Elliott Ave

1422 E Reservoir St

129 E Sangamon Ave

2277 S 6th St

1147 N 7th St

1104 N 13th St

2523 W Monroe St

3725 N Peoria Rd

3430 N Peoria Rd

1600 S 6th St

2252 E Watch 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 | $1,059 | $850 | $1,495 |
Petersburg 3 Bedroom Homes for Rent | $1,505 | $1,030 | $2,700 |
Petersburg 4 Bedroom Homes for Rent | $1,400 | $1,300 | $1,500 |
Petersburg 5 Bedroom Homes for Rent | $2,152 | $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. Denison Place in the Downtown Springfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. 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 |
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 |
Whispering Pines | 1 bed Classic | 1BR,1BA | $700 |
Best Value Apartments for Rent in Petersburg, IL and Nearby
As of March 25, 2025 the best value apartment in the Petersburg area is the $1.04 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,395. The second greatest value Petersburg apartment is the 2 Bedroom 2 Bath Model at Prairie Vista starting at $1,200 with a $0.92 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. |
---|---|---|---|
Ash Grove | 3 Bedroom | 3BR,2BA | $1.04 |
Prairie Vista | 2 Bedroom 2 Bath | 2BR,2BA | $0.92 |
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $0.87 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Candles | A1 | 1BR,1BA | $1.10 |
Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
Quick Rent Budget Calculator
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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 $2,035. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $700 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 $700 to $3,500 with an average monthly rent of $1,392.
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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.