Peoria, IL has a population of 115,424, while the median age is 34. The household income in Peoria, IL is around $47,697. The homeownership rate among the residents is 56%. The median residential property value in Peoria, IL that you should keep in mind is $124,800.
|Number Of Employees||49,343|
|Median Property Value||$124,800|
|Rent Price||Jul||vs Last Month|
|1 bed rentals||$9,990||+380.3%|
|2 bed rentals||$3,833||+94.8%|
|3 bed rentals||$2,425||+73.2%|
|4+ bed rentals||$5,349||-43.7%|
Over the Jul 2022, the average rent for an apartment in/near Peoria, IL increased by 30.2% to $4,709.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 380.3% to $9,990. Pricing for 2-bed apartment also increased by 94.8% and a place of this size will now cost you $3,833. 3-bed apartment rent pricing starts at $2,425, it increased by 73.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 43.7% and made it down to $5,349.
|Rent Type Price||Jul||vs Last Month|
The median rent for an apartment in Peoria, IL increased by 40.2% to $3,000. Statistics show that house rent price increased by 313.6% this month making it up to $4,909. Condos faced an upward trend these days. The median rent for a condo decreased by 10.5%, it’s now available for $2,125.