Bedroom count
Property type
Last updated on May 24, 2026
Average rent in
Peoria, IL
Average rent in
Last updated on May 24, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Peoria, IL rent is essentially flat year over year, with a current median of $990/month. Month to month, rent slipped 2.0%, indicating a recent cooldown in the market.
Compared to national trends
Peoria sits 49.2% more affordable than the $1,950/month national median, positioning it as an accessible market for renters seeking value in a smaller metro with 158 total rentals.
Rent ranges by bedroom
Studios in Peoria run around $800/month, 1-bedrooms around $850/month, and 2-bedrooms around $975/month, with 3-bedrooms at $1,100/month and 4+ bedrooms reaching $1,525/month.
Neighborhood spotlight
The 4+ bedroom segment climbed 24.5% year over year, contrasting with the broadly flat citywide rents. This rise marks a distinct trend for larger units in Peoria, IL.
Median rent
Median rent in Peoria
$990/mo
vs previous year
The average rent in Peoria is $990 per month as of May 2026. This is 49% below the national average rent, or $960 less per month.
average price per square foot
Total rentals
Available rentals in Peoria
158
for rent on Zumper.com as of May 2026
Rent price distribution
Share of Peoria rentals at each price point
Rent trends in Peoria, IL
Average rent prices in Peoria have decreased by 2% over the last month and have decreased by 1% 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 $1,010, whereas a house costs $958. 1-bedroom apartments in Peoria run $880 on average, while 2-bedroom apartments are $1,100.
Listings | ||||
|---|---|---|---|---|
Studio | $800 |  3% |  3% | |
1 bedroom | $850 | 2% | No Change | |
2 bedroom | $975 | No Change | 2% | |
3 bedroom | $1,100 | 12% | 10% | |
4 bedroom | $1,525 | 12% | 59% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Peoria, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,010 | 3% | No Change | |
Condos | $1,150 | 2% | No Change | |
Houses | $958 | 7% | 10% |
Studio
Average rent
$800
Last 30 days
3%
Last year
3%
1 bedroom
Average rent
$850
Last 30 days
2%
Last year
No Change
2 bedroom
Average rent
$975
Last 30 days
No Change
Last year
2%
3 bedroom
Average rent
$1,100
Last 30 days
12%
Last year
10%
4 bedroom
Average rent
$1,525
Last 30 days
12%
Last year
59%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Peoria, IL.
Apartments
Average rent
$1,010
Last 30 days
3%
Condos
Average rent
$1,150
Last 30 days
2%
Houses
Average rent
$958
Last 30 days
7%
Last year
10%
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
49%lower than the national median
42%lower than the national median
Takeaway
The median rent for all rentals in Peoria, IL is 13% lower than the median rent in Bloomington, IL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,132
1%$1,200
54%$923
2%$990
59%$850
8%$1,149
$1,050
13%$975
28%$850
3%$1,100
43%$1,149
$950
18%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 & Services | 1% higher |
| Groceries | 3% lower |
| Health | 8% higher |
| Housing | 18% lower |
| Transportation | 8% higher |
| Utilities | 4% higher |
Discover rentals in Peoria, IL
1d ago
House for rent in Peoria
2209 W Krause Ave, Peoria, IL 61605
2 beds
1 bath
$400
House for rent
Available May 22
5d+ ago
House for rent in Peoria
2615 W Hayes St, Peoria, IL 61605
2 beds
1 bath
$495
House for rent
Available Jun 15
5d+ ago
House for rent in Peoria
2 beds
1 bath
$525
House for rent
Available Nov 11
3d ago
2011 W Ann St, Peoria, IL 61605
2 beds
1 bath
$529
House for rent
Available May 24
5d+ ago
House for rent in Peoria
5106 N Glen Elm Dr, Peoria, IL 61616
2 beds
1 bath
$2,400
House for rent
5d+ ago
House for rent in Peoria
4827 N Knoxville Ave, Peoria, IL 61614
2 beds
2 baths
$2,295
House for rent
Available Mar 24
5d+ ago
House for rent in Peoria
3406 N North St, Peoria, IL 61604
3 beds
2 baths
$2,150
House for rent
5d+ ago
Condo for rent in Peoria
7323 N Villa Lake Dr #1, Peoria, IL 61614
2 beds
2 baths
$2,000
Condo for rent
Available Jul 1
2d ago
1526 W Candletree Dr, Peoria, IL 61614
1–3 beds
1–2 baths
$975–$1,575
Apartment for rent
1d ago
2807 W Nevada St, Peoria, IL 61605
1 bed
1 bath
$629
House for rent
Available May 24
4h ago
Apartment for rent in Peoria
501 W Columbia Ter #2, Peoria, IL 61606
3 beds
2 baths
$1,550
Apartment for rent
Available Jun 26
16h ago
House for rent in Peoria
1104 W Smith St, Peoria, IL 61605
4 beds
1 bath
$590
House for rent
Available May 23
5d+ ago
Verified
1005 W Inverness Dr, Peoria, IL 61615
3 beds
2 baths
$990
Apartment for rent
Available May 22
5d+ ago
Verified
1101 W Bonny Doon Ln, Peoria, IL 61615
2 beds
2 baths
$940
Apartment for rent
Available May 22
5d+ ago
Verified
1009 W Bonny Doon Ln, Peoria, IL 61615
2 beds
2 baths
$990
$940
Price drop
Apartment for rent
Available May 22
5d+ ago
Verified
1105 W Mactavish Rd, Peoria, IL 61615
3 beds
2 baths
$990
Apartment for rent
Available May 22
17h ago
Verified
1002 W Aberdeen Rd, Peoria, IL 61615
2 beds
1 bath
$940
Apartment for rent
Available May 22
5d+ ago
Verified
1005 W Inverness Dr, Peoria, IL 61615
3 beds
2 baths
$990
Apartment for rent
Available May 22
5d+ ago
Verified
1101 W Bonny Doon Ln, Peoria, IL 61615
2 beds
2 baths
$940
Apartment for rent
Available May 22
5d+ ago
Verified
1009 W Bonny Doon Ln, Peoria, IL 61615
2 beds
2 baths
$990
$940
Price drop
Apartment for rent
Available May 22
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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 $990 per month as of May 23, 2026.
Is rent up or down in Peoria?
Average rent prices in Peoria have decreased by 2% over the last month and have decreased by 1% since last year.
How does Peoria rent compare to the national average?
Rent in Peoria is 49% below the national average, which means renters are paying approximately $960 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 $40,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Peoria?
Peoria's 2025 rental market shows one-bedroom apartments averaging around $840 per month, while two-bedroom units average around $970 monthly. One-bedrooms represent 19% of the available rental inventory, and two-bedrooms make up the largest share at 50% of the market.
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).