Peoria, IL Rent History
122 months of data, 2016–2026. 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
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Year-by-year rent in Peoria
| Year | Median rent | YoY change | vs 2016 |
|---|---|---|---|
| 2016 | $718/mo | — | 0.0% |
| 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.