What's the average rent in Peoria, IL?

Rental Market Trends in Peoria, IL

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Peoria, IL is $1,095 per month, which is 43% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,095

-0.5%-$5 decrease month-over-month

-0.5%-$5 decrease year-over-year

AVAILABLE RENTALS

305

APARTMENTS

$1,186

HOUSES

$1,100

TOWNHOUSES

$1,350

As of May 2026, houses are the most affordable rental option in Peoria, IL at $1,100 per month, while townhomes are the most expensive at $1,350 per month. Apartments average $1,186 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$908
2 Bedrooms	$995
3 Bedrooms	$1,200
4 Bedrooms	$1,395
All	$1,095

As of May 2026, the average rent for a 1 bedroom rental in Peoria, IL is $908 per month, followed by $995 for a 2 bedroom rental, $1,200 for a 3 bedroom rental, and $1,395 for a 4 bedroom rental.

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

As of May 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.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$995
3 Bedrooms	$1,250
4 Bedrooms	$1,200
All	$995

As of May 2026, the average rent for a 1 bedroom apartment in Peoria, IL is $950 per month, followed by $995 for a 2 bedroom apartment, $1,250 for a 3 bedroom apartment, and $1,200 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$795
2 Bedrooms	$950
3 Bedrooms	$1,167
4 Bedrooms	$1,395
All	$1,100

As of May 2026, the average rent for a 1 bedroom house in Peoria, IL is $795 per month, followed by $950 for a 2 bedroom house, $1,167 for a 3 bedroom house, and $1,395 for a 4 bedroom house.