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Rental Market Trends in East Peoria, IL

What is the average rent in East Peoria, IL?

$1,100/month

Average Rent

649 Sq Ft

Average Apartment Size

-2.7%

Decrease in the Last Year

As of January 2026, the average rent in East Peoria, IL is $1,100 per month. This is 32% lower than the national average rent of $1,625/month, making renting in East Peoria more affordable than most cities in the US. When you rent an apartment in East Peoria, you can expect to pay about $1,262 per month for a studio, $1,100 for a one-bedroom apartment, and around $1,439 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,262/month
555 Sq Ft
One Bedroom
$1,100/month
649 Sq Ft
Two Bedroom
$1,439/month
953 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$942/month
614 Sq Ft
Three Bedroom
$1,135/month
1,128 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in East Peoria, IL?

In the past year, rent has decreased by 2.7%, which averages out to $29 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in East Peoria, IL
Last Updated January 2026
Below $701
Most rental prices fall within this range
Rent Ranges in East Peoria, IL
Percentage*
Rent Range
43% Below $700/month
29% $700 - $1,000/month
14% $1,001 - $1,500/month
14% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in East Peoria, IL?

Because the average rent in East Peoria is $1,100, you’ll want to make about $3,666 per month or $43,992 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

East Peoria, IL

276 Available Apartments for Rent

Search for Nearby Apartments

How does East Peoria, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare East Peoria, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for East Peoria, IL

Apartment Averages

Nearby City Rent Trends

  • Peoria Heights Average Rent
  • Peoria Average Rent

Apartment communities in East Peoria we think you'll love

Blutowne

Blutowne

501 West Washington St,
East Peoria, IL 61611

$1,610 - $2,470

Studio - 2 Beds

Winkler Lofts

Winkler Lofts

733 SW Washington St,
Peoria, IL 61602

$1,095 - $1,500

Studio - 1 Bed

Civic Center Plaza Apartments

Civic Center Plaza Apartments

331 Fulton St,
Peoria, IL 61602

$825 - $1,400

Studio - 1 Bed

812 Lofts

812 Lofts

812-816 SW Washington St,
Peoria, IL 61602

$1,050 - $1,800

Studio - 3 Beds

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United States Illinois East Peoria Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity