Rent in Pekin, IL
Across Pekin's 3 ZIP codes, a 2-bedroom typically rents for about $1,212 a month, with figures from $920–$1,212. The highest typical rent is in 61558 ($1,212) and the lowest in 61554 ($920). 1 ZIP has ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Tazewell County pay about 2.11% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $915 | $622–$915 | 3 |
| 1 bed | $961 | $682–$961 | 3 |
| 2 beds | $1,212 | $920–$1,212 | 3 |
| 3 beds | $1,557 | $1,197–$1,557 | 3 |
| 4 beds | $1,710 | $1,710 | 3 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Pekin ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Pekin, IL?
- About $1,212 a month: the median of the typical rents in 3 ZIP codes, which range from $920–$1,212. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Pekin, IL?
- About $961 a month: the median of the typical rents in 3 ZIP codes, which range from $682–$961. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Pekin, IL?
- About $1,557 a month: the median of the typical rents in 3 ZIP codes, which range from $1,197–$1,557. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Pekin, IL?
- About $915 a month: the median of the typical rents in 3 ZIP codes, which range from $622–$915. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Pekin, IL?
- About $1,710 a month: the median of the typical rents in 3 ZIP codes, which range from $1,710. Figures are gross rent (rent plus tenant-paid utilities).
- Which Pekin ZIP code has the highest rent?
- For a 2-bedroom, 61558 has the highest typical rent at $1,212 a month, and 61554 the lowest at $920.
- What is the property tax rate in Pekin, IL?
- Owner-occupied homes in Tazewell County pay a typical 2.11% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Pekin rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).