Peotone, IL rental market

What is the average rent in Peotone, IL?

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Last updated June 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in Peotone, IL is $1,400.

Average rent

$1,400

Month-over-month change

+$110

Year-over-year change

-$100

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,290 to $1,500.

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Rent frequencies
Rent priceNumber of rental properties
$1,2002
$1,3002
$1,4003
$1,500+1

Average rent price over time

In the last year, rent has decreased by $100 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,290$1,290
Feb$1,250$1,290
Mar$1,200$1,290
Apr$1,200$1,295
May$1,240$1,400
Jun$1,240$1,290
Jul$1,260No data
Aug$1,500No data
Sep$1,400No data
Oct$1,290No data
Nov$1,200No data
Dec$1,500No data

Market temperature

The Peotone, 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Peotone, IL is 30% lower than the national average.

Peotone, ILvs.

$1,400

$2,010

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Frequently asked questions

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

The average rent in Peotone, IL is $1,400.

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

The average rent for a one-bedroom apartment in Peotone, IL is $1,295 per month.

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

The average rent for a two-bedroom apartment in Peotone, IL is $1,400 per month.

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

Houses in Peotone, IL rent between $1,290 - $1,500 with an average rent of $1,400.

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

In the last year, the rent in Peotone, IL decreased by $100

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

In the last month, the rent in Peotone, IL increased by $110

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

There are currently 5 rentals available in Peotone, IL.

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

The average rent in Peotone, IL is $1,400 — 30.35% lower the national average of $2,010.

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