At $1,206/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,206 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
Is your rent fair?
Compare your rent to the local median.
Who lives here
Peoria Heights, IL is majority owner-occupied, has a median income below the national average, 29.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Peoria Heights, IL has changed in 5 years
Census figures show median household income at $60,099 today, compared with $51,826 five years earlier. Census counts show Peoria Heights, IL losing about 115 residents over the five-year window, down 1.9% on net. The renter share has eased from 40.3% to 33.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 26.4% to 29.2% across the same window.
Discussions about Peoria Heights
No discussions yet. Start the conversation.
Can you afford rent in Peoria Heights on your salary?
At $1,206/mo, how Peoria Heights rent compares to typical pay (30% rule).
Peoria Heights rent by bedroom count
Median rent for each apartment size in Peoria Heights. Click any size for full breakdown.
Tips for renters in Peoria Heights
Last updated: August 17, 2026
The median rent in Peoria Heights is $1,206/mo as of August 2026. A studio apartment averages $700/mo while a 2-bedroom runs $980/mo. One-bedroom apartments average $770/mo and 3-bedroom units go for $1,270/mo.
At 24% of local median household income ($60,099/yr), Peoria Heights ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
Is Peoria Heights an affordable city for renters?
How much income do you need to rent in Peoria Heights?
Is rent going up or down in Peoria Heights?
How does Peoria Heights rent compare to other cities in Illinois?
Which nearby cities are cheaper to rent in than Peoria Heights?
What percentage of Peoria Heights residents rent vs. own?
How does Peoria Heights rent compare to the national average?
At $1,206/mo, rent takes ~24% of Peoria Heights's median household income ($60,099/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Peoria Heights.
No discussions yet.
