Peotone, IL rental market

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Last updated August 10, 2025

Rental market summary

The average rent for all bedrooms and all property types in Peotone, IL is $1,500.

Average rent

$1,500

Month-over-month change

$0

Year-over-year change

+$165

Available rentals

6

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,240 to $2,200.

Rent frequencies
Rent priceNumber of rental properties
$1,2002
$1,4003
$1,5003
$2,1001
$2,200+1

Average rent price over time

In the last year, rent has increased by $165 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,100$1,290
Feb$1,204$1,250
Mar$1,190$1,200
Apr$1,175$1,200
May$1,175$1,240
Jun$1,203$1,240
Jul$1,350$1,260
Aug$1,350$1,500
Sep$1,350No data
Oct$1,333No data
Nov$1,290No data
Dec$1,290No data

Market temperature

The Peotone, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Peotone, IL is 29% lower than the national average.

Peotone, ILvs.

$1,500

$2,100

Rent in Peotone, IL

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Frequently asked questions

1. What is the average rent in Peotone, IL?

The average rent in Peotone, IL is $1,500.

2. How much does it cost to rent a house in Peotone, IL?

Houses in Peotone, IL rent between $1,240 - $2,200 with an average rent of $1,500.

3. How has the rent in Peotone, IL changed in the last year?

In the last year, the rent in Peotone, IL increased by $165

4. How much has the rent in Peotone, IL increased/decreased in the last month?

In the last month, the rent in Peotone, IL did not change.

5. How many available rentals are there in Peotone, IL?

There are currently 6 rentals available in Peotone, IL.

6. How do rent prices in Peotone, IL compare with the national average?

The average rent in Peotone, IL is $1,500 — 28.57% lower the national average of $2,100.