Peoria, IL rental market

What is the average rent in Peoria, IL?

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Last updated June 28, 2026

Rental market summary

The average rent for all bedrooms and all property types in Peoria, IL is $1,000.

Average rent

$1,000

Month-over-month change

-$85

Year-over-year change

-$30

Available rentals

264

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $195 to $4,500.

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Rent frequencies
Rent priceNumber of rental properties
$04
$5003
$6007
$70025
$80038
$90063
$1,00017
$1,10026
$1,20028
$1,30020
$1,40015
$1,50013
$1,6009
$1,7004
$1,8009
$1,9006
$2,0002
$2,1003
$2,2004
$2,3002
$2,4004
$2,5001
$2,7003
$2,8003
$3,4001
$3,5001
$4,4001
$4,500+1

Average rent price over time

In the last year, rent has decreased by $30 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,000$1,100
Feb$1,097$1,100
Mar$1,122$1,095
Apr$1,130$1,095
May$1,100$1,086
Jun$1,000$1,085
Jul$1,050No data
Aug$1,050No data
Sep$1,100No data
Oct$1,106No data
Nov$1,100No data
Dec$1,054No data

Market temperature

The Peoria, 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 Peoria, IL is 51% lower than the national average.

Peoria, ILvs.

$1,000

$2,021

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Frequently asked questions

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

The average rent in Peoria, IL is $1,000.

2. What is the average rent for a studio apartment in Peoria, IL?

The average rent for a studio apartment in Peoria, IL is $853 per month.

3. What is the average rent for a one-bedroom apartment in Peoria, IL?

The average rent for a one-bedroom apartment in Peoria, IL is $920 per month.

4. What is the average rent for a two-bedroom apartment in Peoria, IL?

The average rent for a two-bedroom apartment in Peoria, IL is $995 per month.

5. What is the average rent for a three-bedroom apartment in Peoria, IL?

The average rent for a three-bedroom apartment in Peoria, IL is $1,263 per month.

6. What is the average rent for a four-bedroom apartment in Peoria, IL?

The average rent for a four-bedroom apartment in Peoria, IL is $1,919 per month.

7. How much does it cost to rent a house in Peoria, IL?

Houses in Peoria, IL rent between $195 - $4,500 with an average rent of $1,000.

8. How has the rent in Peoria, IL changed in the last year?

In the last year, the rent in Peoria, IL decreased by $30

9. How much has the rent in Peoria, IL increased/decreased in the last month?

In the last month, the rent in Peoria, IL decreased by $85

10. How many available rentals are there in Peoria, IL?

There are currently 264 rentals available in Peoria, IL.

11. How do rent prices in Peoria, IL compare with the national average?

The average rent in Peoria, IL is $1,000 — 50.52% lower the national average of $2,021.

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