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ZIP Code · IL

ZIP 61615

Part of Peoria, IL
Pop. 23,523·Peoria County·165th most expensive ZIP in Illinois
Median rent (all units)
$1,495/mo
Year-over-Year
+8.9%
Month-over-Month
-0.3%
vs US Median
-$456
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 61615 · $1,495
More affordable than 74% of US ZIP codes · National median $1,951/mo
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Medians by bedroom

Rent by unit size

Studio
$870
1 BR
$940
2 BR
$1,200
3 BR
$1,550
4 BR+
$1,670
Research median
$1,200/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: June 22, 2026

Annual cost
$17,940/yr
At $1,495/mo median
Location
CityPeoria
StateIL
CountyPeoria County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.9% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 61615 (Peoria, IL) is majority owner-occupied, 54.5% of residents hold a bachelor's degree or higher.

Population
23,523
Median income
$79,817
Median age
36.1
Renters
41.3%
Age distribution
22.1%
26.6%
23.7%
16.2%
Under 1822.1%
18–3426.6%
35–5423.7%
55–6411.5%
65+16.2%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
69.9%
White69.9%
Black10.8%
Hispanic4.3%
Asian11%
Other3.9%
Education (25+)
16.3%
26.1%
54.5%
No HS diploma3%
HS diploma16.3%
Some college26.1%
Bachelor's+54.5%
Housing tenure
58.7%
41.3%
Owner58.7%
Renter41.3%

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

2021 vs 2026

How ZIP 61615 in Peoria, IL has changed in 5 years

Income
$77,742 → $79,817
up 2.7%
Population
22,957 → 23,523
up 2.5%
Renter share
36.3% → 41.3%
+5.0 pts
Bachelor's+
50.5% → 54.5%
+4.0 pts
Median age
37.8 → 36.1
-1.7 yrs

Local incomes tracked alongside that move, going from a median of $77,742 in 2021 to $79,817 more recently. Census counts show ZIP 61615 in Peoria, IL adding about 566 residents over the five-year window, up 2.5% on net. The renter share has risen from 36.3% to 41.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 50.5% to 54.5% across the same window.

Community

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Local insights

Tips for renters in ZIP 61615

About renting in ZIP 61615

Last updated: June 22, 2026

ZIP code 61615 covers Peoria, IL. The median rent here is $1,495/mo as of June 2026. A 1-bedroom rents for a median of $940/mo. A 2-bedroom rents for a median of $1,200/mo.

At 22% of local median household income ($79,817/yr), ZIP 61615 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 61615?

As of June 22, 2026, the median monthly rent in ZIP 61615 (Peoria, IL) is $1,495. This is based on aggregated data from public sources and community submissions.

How does ZIP 61615 rent compare to the US average?

ZIP 61615's median rent of $1,495/mo is $456 (23%) below the US national median of $1,951/mo.

How does ZIP 61615 compare to other ZIPs in Illinois?

ZIP 61615 is among the more affordable ZIP codes in Illinois, ranking #165 out of 229 ZIPs at $1,495/mo.

How much income do you need to rent in ZIP 61615?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,495/mo in ZIP 61615. The local median household income is $79,817/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 61615?

Rent in ZIP 61615 has increased 8.9% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 61615 an affordable place to rent?

ZIP 61615 is considered very affordable for renters. At $1,495/mo, rent takes approximately 22% of the local median household income ($79,817/yr). The standard benchmark is 30%. ZIP 61615 falls comfortably within that range.

What percentage of ZIP 61615 residents rent vs. own?

According to Census data, approximately 41.3% of ZIP 61615 households are renters, while 58.7% are owner-occupied. ZIP 61615 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 61615 compare to the rest of Peoria?

ZIP 61615 is pricier than Peoria as a whole. At $1,495/mo, it's $301 above the Peoria citywide median of $1,194/mo.

When was rent data for ZIP 61615 last updated?

Rent data for ZIP 61615 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,495/mo, rent takes ~22% of ZIP 61615's median household income ($79,817/yr). The standard benchmark is 30%.

ZIP 61615 22%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 61615 (Peoria, IL)

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