Last updated on October 13, 2026

Average rent in
Peoria, IL

Key takeaways for renters

  • Where Peoria rent stands today

    Peoria, IL rent rose 5.0% year over year, with a current median of $1,045/month. Renters are paying $75 more per month on average than last year, with rent near the peak of $1,050/month reached earlier this year.

  • Compared to national trends

    Peoria sits 45.0% more affordable than the $1,900/month national median, offering a smaller market with 168 total rentals that is accessible for renters seeking value.

  • Rent ranges by bedroom

    Studios in Peoria run around $799/month, 1-bedrooms at $880/month, 2-bedrooms at $1,000/month, and 3-bedrooms at $1,300/month, with 4+ bedrooms at $1,350/month. The majority of rentals are 2-bedroom units, making them a common choice for renters.

Median rent

Median rent in Peoria

$1,045/mo

increased by5%

vs previous year

The average rent in Peoria is $1,045 per month as of October 2026. This is 45% below the national average rent, or $855 less per month.

$1.30

average price per square foot

Total rentals

Available rentals in Peoria

168

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Peoria rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Peoria, IL

Average rent prices in Peoria have remained the same over the last month and have increased by 5% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Peoria, IL

Rent prices in Peoria vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Peoria is $1,007, whereas a house costs $1,085. 1-bedroom apartments in Peoria run $899 on average, while 2-bedroom apartments are $1,049.

Listings

Studio

$799

1%

3%

1 bedroom

$880

1%

4%

2 bedroom

$1,000

1%

8%

3 bedroom

$1,300

2%

9%

4 bedroom

$1,350

6%

4%

Studio

Average rent

$799

Last 30 days

1%

Last year

3%

1 bedroom

Average rent

$880

Last 30 days

1%

Last year

4%

2 bedroom

Average rent

$1,000

Last 30 days

1%

Last year

8%

3 bedroom

Average rent

$1,300

Last 30 days

2%

Last year

9%

4 bedroom

Average rent

$1,350

Last 30 days

6%

Last year

4%

The table above reflects average rent prices in Peoria, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Peoria, IL compare to other cities?

Compare median rent prices in Peoria and Bloomington by all bedroom counts and property types.

Peoria

Median rent price$1,045
decreased by45%

lower than the national median

Median rent price$1,053
decreased by45%

lower than the national median

Takeaway

The median rent for all rentals in Peoria, IL is 1% lower than the median rent in Bloomington, IL.

Average rent in nearby cities

Explore rent trends in neighboring markets

Bloomington

$1,053

decreased by6%
Last year
Chillicothe

$950

increased by42%
Last year
Davenport

$939

decreased by3%
Last year
Dunlap

$1,199

decreased by33%
Last year
East Peoria

$1,025

increased by1%
Last year
Eureka

$1,062

N/A
Last year

Cost of living in Peoria, IL

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services4% lower
Groceries1% lower
Health8% higher
Housing20% lower
Transportation1% higher
Utilities6% higher

Discover rentals in Peoria, IL

2934 North Gale Avenue #SC - Photo 1 of 1

5d+ ago

Lot land for rent in Peoria

2934 North Gale Avenue #SC, Peoria, IL 61604

Studio

0 baths

$225

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
2011 West Ann Street - Photo 1 of 1

3d ago

7.7

Very good

2011 West Ann Street

2011 W Ann St, Peoria, IL 61605

2 beds

1 bath

$472

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

5d+ ago

House for rent in Peoria

Looking for an affordable path to homeownership? This is your opportunity.

422 S Louisa St, Peoria, IL 61605

2 beds

1 bath

$485

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1806 North Peoria Ave - Photo 1 of 1

3d ago

8.3

Very good

1806 North Peoria Ave

1806 N Peoria Ave, Peoria, IL 61603

4 beds

1 bath

$528

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Peoria, IL

Quick answers to common questions about the Peoria rental market.

How much is rent in Peoria?

The average rent in Peoria is $1,045 per month as of October 10, 2026.

Is rent up or down in Peoria?

Average rent prices in Peoria have remained the same over the last month and have increased by 5% since last year.

How does Peoria rent compare to the national average?

Rent in Peoria is 45% below the national average, which means renters are paying approximately $855 less per month.

What salary do I need to afford rent in Peoria?

To comfortably afford rent in Peoria, you'd need to earn approximately $42,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Peoria?

June offers the lowest rental prices in Peoria, running about 5.4% lower than August, which sees the highest rents of the year.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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Houses for rent in Oakridge

3501 N Missouri Ave, Peoria, IL 61603, USA
611 W High St Apt A, Peoria, IL 61606, USA
1113 N Summit Blvd, Peoria, IL 61606, USA
1117 Ne Glendale Ave, Peoria, IL 61603, USA
1809 S Stanley St, Peoria, IL 61605, USA
2020 W Glen Ave, Peoria, IL 61614, USA
3418 W Richwoods Blvd, Peoria, IL 61604, USA
5311 N Woodview Ave, Peoria, IL 61614, USA
607 E Forrest Hill Ave, Peoria, IL 61603, USA
716 W Nebraska Ave, Peoria, IL 61604, USA
1312 N Ellis St, Peoria, IL 61606, USA
1610 W Oakglen Dr, Peoria, IL 61614, USA
2005 S Winston St, Peoria, IL 61605, USA
4306 W Andover Dr, Peoria, IL 61615, USA
522 Sloan St, Peoria, IL 61603, USA
6605 N Sheridan Rd, Peoria, IL 61614, USA
718 E Republic St, Peoria, IL 61603, USA
812 Southwest Washington Street, Peoria, IL 61602, USA
1112 W Mactavish Rd, Peoria, IL 61615, USA
2811 W Seibold St, Peoria, IL 61605, USA