Pekin, IL has a population of 33,747, while the median age is 39. The household income in Pekin, IL is around $51,759. The homeownership rate among the residents is 70%. The median residential property value in Pekin, IL that you should keep in mind is $104,300.
Population | 33,747 |
Median Age | 38.9 |
Poverty Rate | 13% |
Household Income | $51,759 |
Number Of Employees | 15,204 |
Median Property Value | $104,300 |
Rent Price | Dec | vs Last Month |
---|---|---|
Studio apartments | $1,500 | +0% |
2-bed apartments | $579 | +5.3% |
Over the Dec 2022, the average rent for an apartment in/near Pekin, IL decreased by 25.5% to $998.
The average price for a rental studio in Pekin, IL has remained the same as last month and equals $1,500. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $550 with no changes this month. Pricing for 2-bed apartment also increased by 5.3% and a place of this size will now cost you $579. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $4,650 for a big-family home.
Rent Type Price | Dec | vs Last Month |
---|---|---|
Apartments for rent | $579 | +5.3% |
Houses for rent | $1,500 | -29.6% |
The median rent for an apartment in Pekin, IL increased by 5.3% to $579. Statistics show that house rent price decreased by 29.6% this month making it up to $1,500.