Peoria, IL Rent History

122 months of data, 20162026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,236
1-year change
+10.4%
$116/mo
5-year change
+52.4%
$425/mo
10-year change
+74.6%
$528/mo

Monthly rent trend

Loading…

Year-by-year rent in Peoria

YearMedian rentYoY changevs 2016
2016$718/mo0.0%
2017$702/mo-2.2%-2.2%
2018$695/mo-1.0%-3.2%
2019$731/mo+5.2%+1.8%
2020$770/mo+5.3%+7.2%
2021$786/mo+2.1%+9.5%
2022$905/mo+15.1%+26.0%
2023$985/mo+8.8%+37.2%
2024$1,079/mo+9.5%+50.3%
2025$1,108/mo+2.7%+54.3%
2026$1,144/mo+3.2%+59.3%

Frequently asked questions

How much has rent in Peoria changed since 2016?

Median rent in Peoria, IL was $718 in 2016-05 and is $1,236 as of 2026-06 — a change of $518 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 +52.4% ($425 per month). The current median is $1,236.

What has rent in Peoria done over the past decade?

Over the past 10 years, median rent in Peoria, IL has changed +74.6% ($528 per month). It is now $1,236.

Is rent in Peoria going up or down year over year?

Year over year, median rent in Peoria, IL has increased +10.4% ($116/mo). Current median: $1,236.

See full rent data for Peoria, IL
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.