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ZIP Code · IL

ZIP 61614

Part of Peoria, IL
Pop. 27,370·Peoria County·201st most expensive ZIP in Illinois
Median rent (all units)
$1,200/mo
Year-over-Year
+14.6%
Month-over-Month
+1.8%
vs US Median
-$765
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 61614 · $1,200
More affordable than 92% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$750
1 BR
$810
2 BR
$1,030
3 BR
$1,330
4 BR+
$1,440
Research median
$1,030/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$14,400/yr
At $1,200/mo median
Location
CityPeoria
StateIL
CountyPeoria County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 14.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+14.6% YoY, +1.8% MoM), not inventory.
Demographics

Who lives here

ZIP 61614 (Peoria, IL) is majority owner-occupied, has a large retiree population, 45.6% of residents hold a bachelor's degree or higher.

Population
27,370
Median income
$66,924
Median age
37.2
Renters
35.8%
Age distribution
23.2%
24.6%
20.5%
22.7%
Under 1823.2%
18–3424.6%
35–5420.5%
55–649%
65+22.7%
Gender
45.6%
54.4%
Male45.6%
Female54.4%
Race & ethnicity
68.3%
18.1%
White68.3%
Black18.1%
Hispanic6.2%
Asian5.2%
Other2.2%
Education (25+)
19.6%
32.3%
45.6%
No HS diploma2.5%
HS diploma19.6%
Some college32.3%
Bachelor's+45.6%
Housing tenure
64.2%
35.8%
Owner64.2%
Renter35.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 61614 in Peoria, IL has changed in 5 years

Income
$63,795 → $66,924
up 4.9%
Population
28,583 → 27,370
down 4.2%
Renter share
38.6% → 35.8%
-2.8 pts
Bachelor's+
43.7% → 45.6%
+1.9 pts
Median age
38.5 → 37.2
-1.3 yrs

Local incomes tracked alongside that move, going from a median of $63,795 in 2021 to $66,924 more recently. The population has contracted by 4.2% since 2021, moving from about 28,583 residents to roughly 27,370. Renters now make up 35.8% of households, compared with 38.6% five years ago.

Community

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Local insights

Tips for renters in ZIP 61614

About renting in ZIP 61614

Last updated: July 20, 2026

ZIP code 61614 covers Peoria, IL. The median rent here is $1,200/mo as of July 2026. A 1-bedroom rents for a median of $810/mo. A 2-bedroom rents for a median of $1,030/mo.

At 22% of local median household income ($66,924/yr), ZIP 61614 ranks as affordable compared to the national benchmark of 30%. Rents have increased 14.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 61614?

As of July 20, 2026, the median monthly rent in ZIP 61614 (Peoria, IL) is $1,200. This is based on aggregated data from public sources and community submissions.

How does ZIP 61614 rent compare to the US average?

ZIP 61614's median rent of $1,200/mo is $765 (39%) below the US national median of $1,965/mo.

How does ZIP 61614 compare to other ZIPs in Illinois?

ZIP 61614 is among the more affordable ZIP codes in Illinois, ranking #201 out of 230 ZIPs at $1,200/mo.

How much income do you need to rent in ZIP 61614?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (~$23/hour full-time) to afford the median rent of $1,200/mo in ZIP 61614. The local median household income is $66,924/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 61614?

Rent in ZIP 61614 has increased 14.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 61614 an affordable place to rent?

ZIP 61614 is considered very affordable for renters. At $1,200/mo, rent takes approximately 22% of the local median household income ($66,924/yr). The standard benchmark is 30%. ZIP 61614 falls comfortably within that range.

What percentage of ZIP 61614 residents rent vs. own?

According to Census data, approximately 35.8% of ZIP 61614 households are renters, while 64.2% are owner-occupied. ZIP 61614 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 61614 compare to the rest of Peoria?

ZIP 61614 is more affordable than Peoria overall. At $1,200/mo, it's $36 below the Peoria citywide median of $1,236/mo.

When was rent data for ZIP 61614 last updated?

Rent data for ZIP 61614 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,200/mo, rent takes ~22% of ZIP 61614's median household income ($66,924/yr). The standard benchmark is 30%.

ZIP 61614 22%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 61614 (Peoria, IL)

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