What is the median rent in Pekin, IL?
The median gross rent in Pekin, IL is $819 (±$76) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 4,128 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Pekin, the median gross rent went from $659 in 2015–2019 to $819 in 2020–2024 (+24.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $819 (±$76)
- Rented homes
- 4,128 (±414)
- $2,000 or more
- 2.3%
- Since 2015–2019
- +24.3%
How much rent costs in Pekin
| Monthly gross rent | Pekin | Tazewell County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 17.3% (±4.9 points) | 10.5% | 7.0% | 6.3% |
| $500 to $999 | 53.0% (±5.9 points) | 50.7% | 23.5% | 20.2% |
| $1,000 to $1,499 | 23.2% (±5.8 points) | 28.3% | 32.6% | 28.1% |
| $1,500 to $1,999 | 4.2% (±1.8 points) | 6.5% | 18.7% | 21.1% |
| $2,000 to $2,499 | 0.8% (±1.0 points) | 2.1% | 9.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±0.9 points) | 0.1% | 4.1% | 5.5% |
| $3,000 or more | 1.5% (±1.3 points) | 1.8% | 4.4% | 6.8% |
The most common range is $500 to $999, paid by 53.0% of renting households.
2.3% of rented homes in Pekin cost $2,000 or more a month.
Pekin against Tazewell County, its state and the nation
| Pekin | Tazewell County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $819 (±$76) | $909 (±$34) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 4,128 (±414) | 11,075 (±752) | 1,587,238 (±10,609) | 42,849,984 |
In Pekin, median gross rent is lower than in Tazewell County ($909).
It is also lower than in Illinois ($1,274).
It is lower than the national figure ($1,413).
In Tazewell County, Pekin ranks 26 of 31 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1354 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Pekin has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $659 (±$28) | $819 (±$76) | +24.3% | No measurable change after inflation |
| Households that rent | 30.6% (±2.2 points) | 31.6% (±2.9 points) | +1.0 percentage points | Not a measurable change |
| Rental vacancy rate | 10.8% (±3.8 points) | 6.9% (±3.9 points) | −3.9 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Pekin
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Pekin | — | $819 (±$76) | — |
| Pekin Township | 1.7 mi | $785 (±$35) | Not measurably different |
| North Pekin | 3.1 mi | $1,154 (±$112) | Higher |
| Marquette Heights | 3.6 mi | $1,315 (±$142) | Higher |
| Cincinnati Township (Tazewell County) | 4.0 mi | $1,106 (±$303) | Not measurably different |
| Hollis Township | 4.3 mi | $592 (±$321) | Not measurably different |
| Elm Grove Township | 4.9 mi | $975 (±$197) | Not measurably different |
| Creve Coeur | 5.0 mi | $883 (±$130) | Not measurably different |
| Groveland Township (Tazewell County) | 5.0 mi | $931 (±$85) | Not measurably different |
Nearby places with a measurably higher figure: North Pekin, IL ($1,154), Marquette Heights, IL ($1,315).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Tazewell County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 20 | Creve Coeur | $883 (±$130) |
| 21 | Hopedale Township | $881 (±$78) |
| 22 | Delavan | $876 (±$136) |
| 23 (tie) | Mackinaw | $835 (±$74) |
| 23 (tie) | Mackinaw Township | $835 (±$74) |
| 25 | Minier | $833 (±$225) |
| 26 | Pekin | $819 (±$76) |
| 27 | Sand Prairie Township | $810 (±$160) |
| 28 | South Pekin | $800 (±$196) |
| 29 | Pekin Township | $785 (±$35) |
| 30 | Little Mackinaw Township | $775 (±$220) |
| 31 | Green Valley | $759 (±$146) |
Showing 12 of 31 places in Tazewell County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Pekin
What is the average rent in Pekin, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Pekin is $819 (±$76) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Pekin?
In Pekin, the median gross rent went from $659 in 2015–2019 to $819 in 2020–2024 (+24.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Pekin cost more than $2,000 a month?
2.3% of rented homes in Pekin have a gross rent of $2,000 or more a month, and 17.3% cost less than $500.
Is rent in Pekin higher than in Tazewell County?
In Pekin, median gross rent is lower than in Tazewell County ($909).
It is also lower than in Illinois ($1,274).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pekin city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pekin city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Pekin city, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Pekin city, Illinois (place:58447, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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