Last updated on October 7, 2026

Average rent in
Peotone, IL

Median rent

Median rent in Peotone

$1,262/mo

increased by5%

vs previous year

The average rent in Peotone is $1,262 per month as of October 2026. This is 34% below the national average rent, or $637 less per month.

$1.44

average price per square foot

Total rentals

Available rentals in Peotone

20

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Peotone rentals at each price point

85%64%43%21%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Peotone, IL

Average rent prices in Peotone have decreased by 9% 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 Peotone, IL

Rent prices in Peotone vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Peotone is $1,100, whereas a house costs $2,075. 1-bedroom apartments in Peotone run $1,100 on average, while 2-bedroom apartments are $1,400.

Listings

Studio

$750

No Change

-

1 bedroom

$1,050

No Change

10%

2 bedroom

$1,475

1%

1%

3 bedroom

$1,950

69%

-

4 bedroom

$2,825

No Change

-

Studio

Average rent

$750

1 bedroom

Average rent

$1,050

Last 30 days

No Change

Last year

10%

2 bedroom

Average rent

$1,475

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$1,950

Last 30 days

69%

4 bedroom

Average rent

$2,825

The table above reflects average rent prices in Peotone, 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 Peotone, IL compare to other cities?

Compare median rent prices in Peotone and Bourbonnais by all bedroom counts and property types.

Peotone

Median rent price$1,262
decreased by34%

lower than the national median

Median rent price$1,422
decreased by25%

lower than the national median

Takeaway

The median rent for all rentals in Peotone, IL is 11% lower than the median rent in Bourbonnais, IL.

Discover rentals in Peotone, IL

29837 Illinois 50 - Photo 1 of 1

3d ago

8.8

Very good

29837 Illinois 50

29837 S Route 50, Peotone, IL 60468

1–2 beds

1 bath

$1,000–$1,400

29837 Illinois - Photo 1 of 1

5d+ ago

Apartment for rent in Peotone

29837 S Route 50 #24 - Photo 1 of 1

5d+ ago

Apartment for rent in Peotone

Residential Lease, Peotone, IL

29837 S Route 50 #24, Peotone, IL 60468

1 bed

1 bath

$1,100

29837 Illinois 50 - 24 #24 - Photo 1 of 1

5d+ ago

Apartment for rent in Peotone

29837 Illinois 50 - 24

29837 Illinois 50 - 24 #24, Peotone, IL 60468

1 bed

1 bath

$1,100

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 Peotone, IL

Quick answers to common questions about the Peotone rental market.

How much is rent in Peotone?

The average rent in Peotone is $1,262 per month as of October 3, 2026.

Is rent up or down in Peotone?

Average rent prices in Peotone have decreased by 9% over the last month and have increased by 5% since last year.

How does Peotone rent compare to the national average?

Rent in Peotone is 34% below the national average, which means renters are paying approximately $637 less per month.

What salary do I need to afford rent in Peotone?

To comfortably afford rent in Peotone, you'd need to earn approximately $51,000/year, based on spending no more than 30% of your income on rent.

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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