Apartments in 61616
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Apartments For Rent Near 61616
We found 14 more apartments matching your filters just outside 61616
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Use arrow keys to navigateNEW - 1 DAY AGOPET FRIENDLY$1,390 - $1,675/mo
1-2 Beds
1-2 BathsGrandview Apartment Homes | 5250 N Knoxville Ave #712,
Peoria, IL 61614
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$825 - $925/mo1-2 Beds1 BathNordic Villa Apartments | 7213-7215 N Rockvale Dr #3102-4471F394F,
Peoria, IL 61614
Average Rent Trends in 61616
Rent in 61616 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,500 |
| Jul 2025 | $1,400 |
| Aug 2025 | $770 |
| Sep 2025 | $995 |
| Oct 2025 | $875 |
| Nov 2025 | $800 |
| Dec 2025 | $900 |
| Jan 2026 | $900 |
| Feb 2026 | $938 |
| Mar 2026 | $938 |
| Apr 2026 | $995 |
| May 2026 | $975 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $875 | $995 | $1,695 | — | $995 |
| Townhomes | — | $1,150 | $2,800 | — | $1,150 |
| Apartments and Condos | $875 | $975 | — | — | $975 |
| Houses | $800 | $1,200 | $1,695 | — | $1,500 |
Frequently Asked Questions about Apartments and Condos for rent in 61616
- What is the average rent of an apartment in 61616?The average rent of an apartment in 61616 is $985 per month. This is about 49% lower than the national average.
- When is the average rent cheapest in 61616?In the last year, the average rent in 61616 was lowest in Aug 2025 when it was $770 per month.
- When is the average rent most expensive in 61616?In the last year, the average rent in 61616 was highest in Jan 2025 when it was $1,988 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 61616?The average rent of a 1 bedroom apartment in 61616 is $875 per month. That is about $0 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 61616?There are 11 available apartments or condos to rent in 61616.
- What are some cities near 61616?Some nearby cities include: Peoria Heights, Peoria, West Peoria, Mossville, Bay View Garden, East Peoria. These cities may have more rental options to explore.