RentDataNowRentDataNow
ZIP Code · IL

ZIP 61616

Pop. 5,825·Peoria County·203rd most expensive ZIP in Illinois
Median rent (all units)
$1,161/mo
Year-over-Year
Stable
Month-over-Month
-38.8%
vs US Median
-$804
Falling (Monthly)
Be the first to discuss 61616 rents ↓
Most AffordableMost Expensive
ZIP 61616 · $1,161
More affordable than 93% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$740
1 BR
$800
2 BR
$1,020
3 BR
$1,320
4 BR+
$1,420
Research median
$1,020/mo

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

Rent trends

12-month history

Loading…

Last updated: June 22, 2026

Annual cost
$13,932/yr
At $1,161/mo median
Location
StateIL
CountyPeoria County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -38.8% MoM), not inventory.
Demographics

Who lives here

ZIP 61616 (Peoria Heights, IL) is majority owner-occupied, has a median income below the national average, 29.2% of residents hold a bachelor's degree or higher.

Population
5,825
Median income
$60,099
Median age
41.1
Renters
33.6%
Age distribution
20.1%
19.5%
26.8%
15.3%
18.2%
Under 1820.1%
18–3419.5%
35–5426.8%
55–6415.3%
65+18.2%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
84.6%
White84.6%
Black6.3%
Hispanic2.7%
Asian1.9%
Other4.5%
Education (25+)
31%
34.7%
29.2%
No HS diploma5.1%
HS diploma31%
Some college34.7%
Bachelor's+29.2%
Housing tenure
66.4%
33.6%
Owner66.4%
Renter33.6%

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

2021 vs 2026

How ZIP 61616 in Peoria Heights, IL has changed in 5 years

Income
$51,826 → $60,099
up 16.0%
Population
5,940 → 5,825
down 1.9%
Renter share
40.3% → 33.6%
-6.7 pts
Bachelor's+
26.4% → 29.2%
+2.8 pts
Median age
40.4 → 41.1
+0.7 yrs

Household income in the area moved from $51,826 to $60,099 across the same window, up 16.0% versus 2021. The population has contracted by 1.9% since 2021, moving from about 5,940 residents to roughly 5,825. Renters now make up 33.6% of households, compared with 40.3% five years ago. College-educated residents now make up 29.2% of adults here, versus 26.4% in 2021.

Community

Discussions about ZIP 61616

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 61616

About renting in ZIP 61616

Last updated: June 22, 2026

ZIP code 61616 covers Peoria Heights, IL. The median rent here is $1,161/mo as of June 2026. A 1-bedroom rents for a median of $800/mo. A 2-bedroom rents for a median of $1,020/mo.

At 23% of local median household income ($60,099/yr), ZIP 61616 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 61616?

As of June 22, 2026, the median monthly rent in ZIP 61616 (Peoria Heights, IL) is $1,161. This is based on aggregated data from public sources and community submissions.

How does ZIP 61616 rent compare to the US average?

ZIP 61616's median rent of $1,161/mo is $804 (41%) below the US national median of $1,965/mo.

How does ZIP 61616 compare to other ZIPs in Illinois?

ZIP 61616 is among the more affordable ZIP codes in Illinois, ranking #203 out of 229 ZIPs at $1,161/mo.

How much income do you need to rent in ZIP 61616?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,161/mo in ZIP 61616. The local median household income is $60,099/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 61616?

Rent in ZIP 61616 has been relatively stable over the past year, with a 0.0% change year over year as of June 22, 2026.

Is ZIP 61616 an affordable place to rent?

ZIP 61616 is considered very affordable for renters. At $1,161/mo, rent takes approximately 23% of the local median household income ($60,099/yr). The standard benchmark is 30%. ZIP 61616 falls comfortably within that range.

What percentage of ZIP 61616 residents rent vs. own?

According to Census data, approximately 33.6% of ZIP 61616 households are renters, while 66.4% are owner-occupied. ZIP 61616 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 61616 compare to the rest of Peoria Heights?

ZIP 61616 sits right at the Peoria Heights citywide median of $1,161/mo.

When was rent data for ZIP 61616 last updated?

Rent data for ZIP 61616 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,161/mo, rent takes ~23% of ZIP 61616's median household income ($60,099/yr). The standard benchmark is 30%.

ZIP 61616 23%Benchmark 30%
State income tax4.95%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 61616 (Peoria Heights, IL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.