Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Peoria County, IL

As of July 2025, Peoria County's rental market is cooling, with increasing rental inventory, where landlords may start offering small incentives to attract tenants. Peoria County's average rent is 43.7% ($762) lower than the Illinois average of $1,743 and 44.7% ($794) lower than the U.S. average of $1,775.

Average Rent

$981

Monthly ChangeMonth Over Month Change

1.5% ($15)

Yearly ChangeYear Over Year Change

12.6% ($110)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$866	3.2% ($29)	19% ($138)
2 Beds	$1,035	2.7% ($29)	10.5% ($98)
3 Beds	$1,308	8.1% ($116)	24.2% ($255)

Cities within Peoria County	Average Rent	Avg. Rent vs. PeoriaAverage Rent vs. Peoria County	Avg. Days on MarketAverage Days on Market
Peoria	$982	0.1% ($1)	41 days
Elmwood	$1,112	13.4% ($131)	70 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Peoria County Rental Market FAQs

Explore rental prices, market trends, and availability in Peoria County, IL.

What is the average rent in Peoria County, IL?

The average rent in Peoria County, IL is $981 per month.

What is the rental price range for homes in Peoria County, IL?

Homes in Peoria County typically rent for between $606 and $1,700 per month, with an average of $981 per month.

What is the average rent for different bedroom sizes in Peoria County, IL?

In Peoria County, the average rent for a 1-bedroom home is $866 per month, for a 2-bedroom home, $1,035 per month, and a 3-bedroom home is $1,308 per month.

How do rent prices in Peoria County, IL compare with the national average?

The average rent in Peoria County is 44.7% ($794) lower than the national average of $1,775 per month.

How have rent prices in Peoria County, IL changed recently?

The average rent in Peoria County has decreased by 1.5% ($15) in the last month and increased by 12.6% ($110) over the past year.

How competitive is the rental market in Peoria County, IL?

The rental market in Peoria County, IL, is currently cooling, with increasing rental inventory, where landlords may start offering small incentives to attract tenants.

How long do rentals stay on the market in Peoria County, IL?

In Peoria County, IL, the average rental stays on the market for approximately 70 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Peoria County, IL?

There are currently 56 rental properties available in Peoria County, IL.

Can I afford to rent a home in Peoria County, IL?

Based on the current averages, a household would need an annual income of $41,400 to comfortably afford a 2-bedroom home in Peoria County.