What's the average rent in Peoria, IL?

Rental Market Trends in Peoria, IL

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Peoria, IL is $1,065 per month, which is 45% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,065

-2.7%-$30 decrease month-over-month

-1.4%-$15 decrease year-over-year

AVAILABLE RENTALS

288

APARTMENTS

$1,260

HOUSES

$995

TOWNHOUSES

$1,250

As of June 2026, houses are the most affordable rental option in Peoria, IL at $995 per month, while apartments are the most expensive at $1,260 per month. Townhomes average $1,250 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$913
2 Bedrooms	$995
3 Bedrooms	$1,250
4 Bedrooms	$1,450
All	$1,065

As of June 2026, the average rent for a 1 bedroom rental in Peoria, IL is $913 per month, followed by $995 for a 2 bedroom rental, $1,250 for a 3 bedroom rental, and $1,450 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,150
3 Bedrooms	$1,350
4 Bedrooms	$2,600
All	$1,250

As of June 2026, the average rent for a 2 bedroom townhome in Peoria, IL is $1,150 per month, followed by $1,350 for a 3 bedroom townhome, and $2,600 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$995
3 Bedrooms	$1,450
4 Bedrooms	$1,650
All	$1,100

As of June 2026, the average rent for a 1 bedroom apartment in Peoria, IL is $950 per month, followed by $995 for a 2 bedroom apartment, $1,450 for a 3 bedroom apartment, and $1,650 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$725
2 Bedrooms	$883
3 Bedrooms	$1,177
4 Bedrooms	$1,340
All	$995

As of June 2026, the average rent for a 1 bedroom house in Peoria, IL is $725 per month, followed by $883 for a 2 bedroom house, $1,177 for a 3 bedroom house, and $1,340 for a 4 bedroom house.