Peoria, IL Rent History
125 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,240
1-year change
+3.9%
$47/mo
5-year change
+44.0%
$379/mo
10-year change
+69.6%
$509/mo
Monthly rent trend
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Year-by-year rent in Peoria
| Year | Median rent | YoY change | vs 2016 |
|---|---|---|---|
| 2016 | $745/mo | — | 0.0% |
| 2017 | $727/mo | -2.4% | -2.4% |
| 2018 | $720/mo | -1.0% | -3.4% |
| 2019 | $754/mo | +4.7% | +1.2% |
| 2020 | $793/mo | +5.2% | +6.4% |
| 2021 | $815/mo | +2.8% | +9.4% |
| 2022 | $930/mo | +14.1% | +24.8% |
| 2023 | $1,014/mo | +9.0% | +36.1% |
| 2024 | $1,119/mo | +10.4% | +50.2% |
| 2025 | $1,183/mo | +5.7% | +58.8% |
| 2026 | $1,198/mo | +1.3% | +60.8% |
Frequently asked questions
How much has rent in Peoria changed since 2016?
Median rent in Peoria, IL was $745 in 2016-05 and is $1,240 as of 2026-09 — a change of $495 per month over 10 years.
How much has Peoria rent increased in the last 5 years?
Over the past 5 years, median rent in Peoria, IL has changed +44.0% ($379 per month). The current median is $1,240.
What has rent in Peoria done over the past decade?
Over the past 10 years, median rent in Peoria, IL has changed +69.6% ($509 per month). It is now $1,240.
Is rent in Peoria going up or down year over year?
Year over year, median rent in Peoria, IL has increased +3.9% ($47/mo). Current median: $1,240.