Homes & Apartments for Rent in Peoria Heights, IL

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What to Know About

Life in Peoria Heights & Beyond

Peoria Heights shares many of the great qualities that make Illinois a desirable place to live.

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 Heights, IL

As of October 2026, Peoria Heights's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Peoria Heights's average rent is 47.8% ($858) lower than the Illinois average of $1,796 and 48.4% ($881) lower than the U.S. average of $1,819.

Average Rent
$938
Monthly ChangeMonth Over Month Change
Decreased0.6% ($6)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
71
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $907 Increased0.3% ($3) No change
2 Beds $1,090 Decreased0.3% ($3) No change
3 Beds $1,365 Increased2.2% ($29) No change
Nearby Cities Average Rent Avg. Rent vs. Peoria HeightsAverage Rent vs. Peoria Heights Avg. Days on MarketAverage Days on Market
East Peoria $1,103 Increased17.6% ($165) 39 days
Peoria $979 Increased4.4% ($41) 34 days
Washington $1,645 Increased75.4% ($707) 35 days
Dunlap $1,055 Increased12.5% ($117) 69 days
Chillicothe $863 Decreased8% ($75) 71 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Peoria Heights Rental Market FAQs

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

The average rent in Peoria Heights, IL is $938 per month.
Homes in Peoria Heights typically rent for between $635 and $1,775 per month, with an average of $938 per month.
In Peoria Heights, the average rent for a 1-bedroom home is $907 per month, for a 2-bedroom home, $1,090 per month, and a 3-bedroom home is $1,365 per month.
The average rent in Peoria Heights is 48.4% ($881) lower than the national average of $1,819 per month.
The rental market in Peoria Heights, IL, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.
In Peoria Heights, IL, the average rental stays on the market for approximately 71 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Peoria Heights, IL.
Based on the current averages, a household would need an annual income of $43,600 to comfortably afford a 2-bedroom home in Peoria Heights.
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