North Pekin renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in North Pekin is about $987 per month. This puts it in the 78th percentile compared to the state average cost of rent, which is $1,235. Households in North Pekin have a median income of $5,483 per month so the average renter in North Pekin is spending roughly 18% of their earnings on housing.
Nationally, and in North Pekin, home values are the data point most closely correlated with the cost of rent. The median price of a home in North Pekin is $109,178 right now, which is lower than nearby cities, meaning that rents in North Pekin also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of North Pekin while lower rent rates are often available in southern areas.
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