Last updated on August 28, 2026

Average rent in
Peoria, IL

Key takeaways for renters

  • Where Peoria rent stands today

    Peoria, IL rent is essentially flat year over year, with a current median of $995/month. Month over month, rents increased 2.1%.

  • Peoria sits 48.3% more affordable than the $1,925/month national median, making it an accessible market for renters seeking value. The city offers 189 total rentals, balancing choice with affordability.

  • Rent ranges by bedroom

    Studios in Peoria rent for $812/month, 1-bedrooms for $879/month, and 2-bedrooms for $975/month. Larger units like 3-bedrooms and 4+ bedrooms reach $1,300/month and $1,500/month respectively.

Median rent

Median rent in Peoria

$995/mo

Flat

vs previous year

The average rent in Peoria is $995 per month as of August 2026. This is 48% below the national average rent, or $930 less per month.

$1.10

average price per square foot

Total rentals

Available rentals in Peoria

189

for rent on Zumper.com as of August 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 increased by 2% over the last month and have remained the same 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 $985, whereas a house costs $995. 1-bedroom apartments in Peoria run $880 on average, while 2-bedroom apartments are $1,075.

Listings

Studio

$812

6%

15%

1 bedroom

$879

1%

2%

2 bedroom

$975

1%

2%

3 bedroom

$1,300

6%

6%

4 bedroom

$1,500

6%

11%

Studio

Average rent

$812

Last 30 days

6%

Last year

15%

1 bedroom

Average rent

$879

Last 30 days

1%

Last year

2%

2 bedroom

Average rent

$975

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$1,300

Last 30 days

6%

Last year

6%

4 bedroom

Average rent

$1,500

Last 30 days

6%

Last year

11%

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$995
decreased by48%

lower than the national median

Median rent price$1,095
decreased by43%

lower than the national median

Takeaway

The median rent for all rentals in Peoria, IL is 9% lower than the median rent in Bloomington, IL.

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 & Services2% lower
Groceries1% lower
Health9% higher
Housing19% lower
Transportation3% higher
Utilities5% higher

Discover rentals in Peoria, IL

2934 North Gale Avenue #SC - Photo 1 of 1

5d+ ago

Lot land for rent in Peoria

Apartment for rent

Available Aug 11

2011 West Ann Street - Photo 1 of 1

15h ago

7.7

Very good

2011 West Ann Street

2011 W Ann St, Peoria, IL 61605

2 beds

1 bath

$472

House for rent

Available Aug 28

1806 North Peoria Ave - Photo 1 of 1

5d+ ago

8.3

Very good

1806 North Peoria Ave

1806 N Peoria Ave, Peoria, IL 61603

4 beds

1 bath

$528

House for rent

Available Aug 28

1315 West John H Gwynn Junior Avenue - Photo 1 of 1

3d ago

8.3

Very good

1315 West John H Gwynn Junior Avenue

1315 W John H Gwynn Jr Ave, Peoria, IL 61605

2 beds

1 bath

$551

House for rent

Available Aug 28

Stay up to date with rental market insights

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 $995 per month as of August 22, 2026.

Is rent up or down in Peoria?

Average rent prices in Peoria have increased by 2% over the last month and have remained the same since last year.

How does Peoria rent compare to the national average?

Rent in Peoria is 48% below the national average, which means renters are paying approximately $930 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?

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).

Apartments for rent in Bloomington