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

East Peoria, IL

As of July 2025, East Peoria's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. East Peoria's average rent is 49.0% ($854) lower than the Illinois average of $1,743 and 49.9% ($886) lower than the U.S. average of $1,775.

Average Rent

$889

Monthly ChangeMonth Over Month Change

12.2% ($123)

Yearly ChangeYear Over Year Change

14.8% ($155)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$868	4.8% ($44)	10.4% ($82)
2 Beds	$1,106	2.3% ($25)	9.3% ($94)
3 Beds	$1,288	2.3% ($29)	13.2% ($150)

Nearby Cities	Average Rent	Avg. Rent vs. East PeoriaAverage Rent vs. East Peoria	Avg. Days on MarketAverage Days on Market
Peoria	$982	10.5% ($93)	41 days
Washington	$1,671	88% ($782)	38 days
Pekin	$715	19.6% ($174)	38 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

East Peoria Rental Market FAQs

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

What is the average rent in East Peoria, IL?

The average rent in East Peoria, IL is $889 per month.

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

Homes in East Peoria typically rent for between $608 and $1,674 per month, with an average of $889 per month.

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

In East Peoria, the average rent for a 1-bedroom home is $868 per month, for a 2-bedroom home, $1,106 per month, and a 3-bedroom home is $1,288 per month.

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

The average rent in East Peoria is 49.9% ($886) lower than the national average of $1,775 per month.

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

The average rent in East Peoria has decreased by 12.2% ($123) in the last month and decreased by 14.8% ($155) over the past year.

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

The rental market in East Peoria, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

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

In East Peoria, IL, the average rental stays on the market for approximately 39 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 East Peoria, IL?

There are currently 2 rental properties available in East Peoria, IL.

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

Based on the current averages, a household would need an annual income of $44,240 to comfortably afford a 2-bedroom home in East Peoria.