What's the average rent in Peoria, IL?

Rental Market Trends in Peoria, IL

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Peoria, IL is $1,100 per month, which is 44% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,100

0.0%No change month over month

1.3%$15 increase year-over-year

AVAILABLE RENTALS

294

APARTMENTS

$1,042

HOUSES

$1,150

TOWNHOUSES

$1,500

As of September 2026, apartments are the most affordable rental option in Peoria, IL at $1,042 per month, while townhomes are the most expensive at $1,500 per month. Houses average $1,150 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$995
3 Bedrooms	$1,322
4 Bedrooms	$1,500
All	$1,100

As of September 2026, the average rent for a 1 bedroom rental in Peoria, IL is $950 per month, followed by $995 for a 2 bedroom rental, $1,322 for a 3 bedroom rental, and $1,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,800
3 Bedrooms	$1,500
4 Bedrooms	$2,600
All	$1,500

As of September 2026, the average rent for a 1 bedroom townhome in Peoria, IL is $950 per month, followed by $1,800 for a 2 bedroom townhome, $1,500 for a 3 bedroom townhome, and $2,600 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$995
3 Bedrooms	$1,250
4 Bedrooms	$1,650
All	$1,025

As of September 2026, the average rent for a 1 bedroom apartment in Peoria, IL is $1,000 per month, followed by $995 for a 2 bedroom apartment, $1,250 for a 3 bedroom apartment, and $1,650 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$795
2 Bedrooms	$899
3 Bedrooms	$1,300
4 Bedrooms	$1,490
All	$1,150

As of September 2026, the average rent for a 1 bedroom house in Peoria, IL is $795 per month, followed by $899 for a 2 bedroom house, $1,300 for a 3 bedroom house, and $1,490 for a 4 bedroom house.