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Peoria, IL rent prices by neighborhood: see where they're highest and lowest

Median overall rent across Peoria, IL's 5 mapped neighborhoods is $1,244, ranging from $801 in Peoria 61604 to $1,421 in Peoria 61615.

Median apartment rent by neighborhood in Peoria, IL Peoria 61602: $1,244/mo · 2 buildings Peoria 61602 $1,244 Peoria 61603: $1,338/mo · 1 buildings Peoria 61603 $1,338 Peoria 61604: $801/mo · 1 buildings Peoria 61614: $1,229/mo · 3 buildings Peoria 61614 $1,229 Peoria 61615: $1,421/mo · 2 buildings
Median rent Under $1,229 $1,229–$1,244 $1,244–$1,338 $1,338–$1,421 Over $1,421 No listings yet Streets © OpenStreetMap , © CARTO

2 cheapest overall

2 most expensive overall

All neighborhoods, ranked by rent

Click a row to see apartments in that area.

# Neighborhood Median rent Buildings Trend 1-yr change
1 Peoria 61604 $801 1
2 Peoria 61614 $1,229 3
3 Peoria 61602 $1,244 2
4 Peoria 61603 $1,338 1
5 Peoria 61615 $1,421 2
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Median rent trend, last 2 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,492
Median rent today
Median rent trend in Peoria, IL $1,300$1,383$1,467$1,550 May 7May 21May 28Jun 11Jun 18

Compare Peoria, IL to nearby Illinois cities

Median 1-bedroom rent. Click a city to see its market.

How these numbers are calculated

Each neighborhood on this map is a single ZIP code, drawn from U.S. Census Bureau ZCTA boundaries. We label each one with the commonly-used neighborhood name where Google has one (for example "Downtown Austin" instead of "78701"), and the ZIP code itself otherwise. Each building is matched to its ZIP by checking whether its coordinates fall inside the boundary, not by comparing address labels, so a building in Peoria, IL only counts toward Peoria, IL's median even if its mailing address uses a different name.

Median rents are recomputed every 24 hours. We take each property's current floor-plan prices, group them by bedroom count, and take the median across every unit inside the ZIP. ZIPs with fewer than four current listings are hidden from the map until the data fills in. Better to leave a blank than draw a confident color from one floor plan.

For comparison, the U.S. Census Bureau publishes a Illinois median gross rent figure based on survey responses (the 2025 ACS), and Zillow's ZORI index publishes a smoothed monthly observed-rent estimate at the metro level. Both are useful long-run benchmarks but lag the live market by 30–90 days. RentCafe's neighborhood-level averages are similar in spirit to what you see here, but use a different smoothing window.

Want to dig further? Browse every apartment in Peoria, IL, see the city-wide price history for the last 2 months, or read about how the data is collected.

Frequently asked questions

What is the cheapest neighborhood in Peoria, IL?
Peoria 61604 is the cheapest neighborhood for apartments in Peoria, IL, with a median rent of $801 per month based on prices refreshed every 24 hours.
What is the most expensive neighborhood in Peoria, IL?
Peoria 61615 is the most expensive neighborhood for apartments in Peoria, IL at a median of $1,421 per month.
How much is an apartment in Peoria, IL?
The median apartment in Peoria, IL rents for $1,244 per month across 5 mapped neighborhoods. Prices are refreshed every 24 hours.
Where can I find the most affordable apartments in Peoria, IL?
The most affordable areas tracked are Peoria 61604, Peoria 61614. Each has its own filtered listing on the Peoria, IL apartments page.

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