Bedroom count
Property type
Last updated on July 8, 2026
Last updated on July 8, 2026
Bedroom count
Property type
Peoria, IL rent rose modestly year over year, with a current median of $963/month. Renters pay about $55 more per month than last year, with month-to-month rent unchanged. The market remains below the recent peak of $1,050/month in February 2026.
Peoria rents run roughly half the national median, sitting 50.6% more affordable than the $1,950/month national median. This positions Peoria as a highly accessible market for renters seeking value in the Midwest.
Studios in Peoria rent for $852/month, 1-bedrooms for $868/month, and 2-bedrooms for $975/month, with 3-bedrooms at $1,225/month and 4+ bedrooms at $1,575/month. The 4+ bedroom segment climbed 65.8% year over year, diverging clearly from the citywide trend.
Median rent in Peoria
$963/mo
vs previous year
The average rent in Peoria is $963 per month as of July 2026. This is 51% below the national average rent, or $987 less per month.
average price per square foot
Available rentals in Peoria
156
for rent on Zumper.com as of July 2026
Share of Peoria rentals at each price point
Average rent prices in Peoria have remained the same over the last month and have increased by 1% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Peoria vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Peoria is $995, whereas a house costs $950. 1-bedroom apartments in Peoria run $880 on average, while 2-bedroom apartments are $1,060.
Listings | ||||
|---|---|---|---|---|
Studio | $852 | 5% | 4% | |
1 bedroom | $867 | No Change | 3% | |
2 bedroom | $975 | 1% | 3% | |
3 bedroom | $1,225 | 6% | 1% | |
4 bedroom | $1,575 | 6% | 50% |
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 | $995 | No Change | No Change | |
Condos | $897 | 9% | No Change | |
Houses | $950 | 5% | No Change |
Studio
Average rent
$852
Last 30 days
5%
Last year
4%
1 bedroom
Average rent
$867
Last 30 days
No Change
Last year
3%
2 bedroom
Average rent
$975
Last 30 days
1%
Last year
3%
3 bedroom
Average rent
$1,225
Last 30 days
6%
Last year
1%
4 bedroom
Average rent
$1,575
Last 30 days
6%
Last year
50%
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
$995
Last 30 days
No Change
Condos
Average rent
$897
Last 30 days
9%
Houses
Average rent
$950
Last 30 days
5%
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.
Compare median rent prices in Peoria and Bloomington by all bedroom counts and property types.
Peoria
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Peoria, IL is 12% lower than the median rent in Bloomington, IL.
Explore rent trends in neighboring markets
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 | 2% lower |
| Groceries | 1% lower |
| Health | 9% higher |
| Housing | 19% lower |
| Transportation | 3% higher |
| Utilities | 5% higher |
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Peoria rental market.
The average rent in Peoria is $963 per month as of July 4, 2026.
Average rent prices in Peoria have remained the same over the last month and have increased by 1% since last year.
Rent in Peoria is 51% below the national average, which means renters are paying approximately $987 less per month.
To comfortably afford rent in Peoria, you'd need to earn approximately $39,000/year, based on spending no more than 30% of your income on rent.
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.
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).