Cheap Houses for Rent in Peoria, IL
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Average Rent Trends in Peoria, IL
Rent in Peoria, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,017 |
| Jul 2025 | $1,112 |
| Aug 2025 | $1,100 |
| Sep 2025 | $1,197 |
| Oct 2025 | $1,145 |
| Nov 2025 | $1,100 |
| Dec 2025 | $1,100 |
| Jan 2026 | $1,150 |
| Feb 2026 | $1,200 |
| Mar 2026 | $1,200 |
| Apr 2026 | $1,070 |
| May 2026 | $1,100 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $925 | $995 | $1,233 | $1,495 | $1,097 |
| Townhomes | — | $1,250 | $1,350 | — | $1,250 |
| Apartments and Condos | $950 | $995 | $1,347 | $1,650 | $1,100 |
| Houses | $795 | $950 | $1,181 | $1,495 | $1,100 |
Frequently Asked Questions about Houses for rent in Peoria, IL
- What is the average rent of a house in Peoria, IL?The average rent of a house in Peoria, IL is $1,100 per month. This is about 43% lower than the national average.
- When is the average rent cheapest in Peoria, IL?In the last year, the average rent in Peoria, IL was lowest in Jun 2025 when it was $1,017 per month.
- When is the average rent most expensive in Peoria, IL?In the last year, the average rent in Peoria, IL was highest in Feb 2025 when it was $1,200 per month.
- How many houses are available to rent in Peoria, IL?There are 141 available houses to rent in Peoria, IL.
- What colleges and universities are in Peoria, IL?Colleges and universities in Peoria, IL include: Bradley University.
- What are some neighborhoods in Peoria, IL?
- What are some zip codes in Peoria, IL?
- What are some cities near Peoria, IL?Some nearby cities include: Peoria Heights, West Peoria, Bellevue, Norwood, Mossville. These cities may have more rental options to explore.