Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Peoria County, Illinois?
County · Census ACS 5-Year estimates
The median gross rent in Peoria County, Illinois is $993/month (±$28), based on Census ACS 5-Year estimates (2024). The median home value is $158,500 (±$2,588), and the median household income is $65,108/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Peoria County, Illinois and Neighbouring Counties
Housing Metrics for Peoria County, Illinois
| Metric | Value |
|---|---|
| Median Gross Rent | $993 |
| Median Home Value | $158,500 |
| Median Household Income | $65,108 |
| Total Housing Units | 77,755 |
| Renter-Occupied Units | 25,656 |
| Renter-Occupied Share | 33% |
| Households Paying 50%+ Income | 6,455 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $867 | +0.0% |
| 1 BR | $771 | +0.0% |
| 2 BR | $1,059 | +0.0% |
| 3 BR | $1,155 | +0.0% |
| 4 BR | $1,352 | +0.0% |
| 5+ BR | $1,476 | +0.0% |
How does Peoria County, Illinois compare?
Median gross rent ranked against all counties in Illinois.
Higher rent than 82% of counties in Illinois · 19th of 102
| # | County | Value |
|---|---|---|
| 1 | Kendall County | $1,781 |
| 2 | DuPage County | $1,688 |
| 3 | Lake County | $1,477 |
| … 15 more … | ||
| 19 | Peoria County(you are here) | $993 |
| … 80 more … | ||
| 100 | Gallatin County | $541 |
| 101 | Pope County | $449 |
| 102 | Hardin County | $379 |
More data for Peoria County, Illinois
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Frequently asked questions
What is the average rent in Peoria County, Illinois?
The median gross rent in Peoria County, Illinois is $993/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Peoria County, Illinois?
The median rent for a 2-bedroom in Peoria County, Illinois is $1,059/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$32. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Peoria County, Illinois?
The median home value in Peoria County, Illinois is $158,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Peoria County are rent-burdened?
In Peoria County, Illinois, 6,455 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Peoria County, Illinois?
The median household income in Peoria County, Illinois is $65,108/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $993 has a margin of error of ±$28. In very small areas, MOEs can be large relative to the estimate.
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