ZIP Code · IL

ZIP 61615

Part of Peoria, IL

Pop. 23,523·Peoria County·149th most expensive ZIP in Illinois

Median rent (all units)

$1,598/mo

Year-over-Year

+7.0%

Month-over-Month

+0.7%

vs US Median

-$334

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 61615 · $1,598

More affordable than 66% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Illinois

Rent in ZIP 61615 changed +7.0% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent has risen 9 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($79,817) is $1,995 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,670).

Rank in Peoria

5th cheapest of 5 ZIP codes in Peoria.

Cheaper nearby

ZIP 61604, 3 miles away, rents for 32% less ($1,084/mo), about $6,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 61615. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,176/yr

At $1,598/mo median

Location

CityPeoria

StateIL

CountyPeoria County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+7.0% YoY, +0.7% 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

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About renting in ZIP 61615

Last updated: October 17, 2026

ZIP code 61615 covers Peoria, IL. The median rent here is $1,598/mo as of October 2026. A 1-bedroom rents for a median of $940/mo. A 2-bedroom rents for a median of $1,200/mo.

At 24% of local median household income ($79,817/yr), ZIP 61615 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

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 $64,000/year (about $31/hour full-time) to afford the median rent of $1,598/mo in ZIP 61615. The local median household income is $79,817/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 61615?

Rent in ZIP 61615 has risen 7.0% over the past year.

How does ZIP 61615 compare to other ZIPs in Illinois?

ZIP 61615 is in the middle among Illinois ZIP codes for rent, ranking #149 of 227 at $1,598/mo. Over the year to September 2026, rent in ZIP 61615 changed +7.0%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.