What's the average rent in Peoria, IL?

Rental Market Trends in Peoria, IL

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Peoria, IL is $1,135 per month, which is 41% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,135

3.7%$40 increase month-over-month

3.2%$35 increase year-over-year

AVAILABLE RENTALS

267

APARTMENTS

$1,174

HOUSES

$1,200

TOWNHOUSES

$1,350

As of November 2026, apartments are the most affordable rental option in Peoria, IL at $1,174 per month, while townhomes are the most expensive at $1,350 per month. Houses average $1,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$949
2 Bedrooms	$1,025
3 Bedrooms	$1,350
4 Bedrooms	$1,400
All	$1,135

As of November 2026, the average rent for a 1 bedroom rental in Peoria, IL is $949 per month, followed by $1,025 for a 2 bedroom rental, $1,350 for a 3 bedroom rental, and $1,400 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,175
3 Bedrooms	$1,350
4 Bedrooms	—
All	$1,350

As of November 2026, the average rent for a 1 bedroom townhome in Peoria, IL is $950 per month, followed by $1,175 for a 2 bedroom townhome, and $1,350 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,099
3 Bedrooms	$1,350
4 Bedrooms	$1,650
All	$1,090

As of November 2026, the average rent for a 1 bedroom apartment in Peoria, IL is $950 per month, followed by $1,099 for a 2 bedroom apartment, $1,350 for a 3 bedroom apartment, and $1,650 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$895
2 Bedrooms	$896
3 Bedrooms	$1,350
4 Bedrooms	$1,400
All	$1,200

As of November 2026, the average rent for a 1 bedroom house in Peoria, IL is $895 per month, followed by $896 for a 2 bedroom house, $1,350 for a 3 bedroom house, and $1,400 for a 4 bedroom house.