Peoria, IL rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in Peoria, IL is $1,059.
$1,059
+$9
-$16
242
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $472 to $3,900.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $500 | 2 |
| $600 | 9 |
| $700 | 24 |
| $800 | 42 |
| $900 | 40 |
| $1,000 | 20 |
| $1,100 | 24 |
| $1,200 | 31 |
| $1,300 | 30 |
| $1,400 | 16 |
| $1,500 | 20 |
| $1,600 | 12 |
| $1,700 | 5 |
| $1,800 | 7 |
| $1,900 | 2 |
| $2,000 | 3 |
| $2,100 | 2 |
| $2,200 | 3 |
| $2,300 | 2 |
| $2,400 | 1 |
| $2,900 | 2 |
| $3,000 | 1 |
| $3,800 | 1 |
| $3,900+ | 1 |
Average rent price over time
In the last year, rent has decreased by $16 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $950 | $1,000 |
| Feb | $950 | $1,097 |
| Mar | $1,000 | $1,122 |
| Apr | $975 | $1,130 |
| May | $975 | $1,100 |
| Jun | $907 | $1,000 |
| Jul | $978 | $1,050 |
| Aug | $1,100 | $1,050 |
| Sep | $1,050 | No data |
| Oct | $1,050 | No data |
| Nov | $975 | No data |
| Dec | $975 | No data |
Market temperature
The Peoria, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Peoria, IL is 50% lower than the national average.
$1,059
$2,100
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Frequently asked questions
1. What is the average rent in Peoria, IL?
The average rent in Peoria, IL is $1,059.
2. How much does it cost to rent a house in Peoria, IL?
Houses in Peoria, IL rent between $472 - $3,900 with an average rent of $1,059.
3. How has the rent in Peoria, IL changed in the last year?
In the last year, the rent in Peoria, IL decreased by $16
4. How much has the rent in Peoria, IL increased/decreased in the last month?
In the last month, the rent in Peoria, IL increased by $9
5. How many available rentals are there in Peoria, IL?
There are currently 242 rentals available in Peoria, IL.
6. How do rent prices in Peoria, IL compare with the national average?
The average rent in Peoria, IL is $1,059 — 49.57% lower the national average of $2,100.