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Rent by ZIP · Tazewell County

Rent in Pekin, IL 61554

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,110 (+15.6% vs FY2026). Renters in this ZIP code pay a median $836 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$840$700+20%$756–924$622 ±$62
1 bedroom$880$760+15.8%$792–968$682 ±$112
2 bedrooms$1,110$960+15.6%$999–1,221$920 ±$42
3 bedrooms$1,430$1,240+15.3%$1,287–1,573$1,197 ±$75
4 bedrooms$1,570$1,340+17.2%$1,413–1,727$1,331 ±$816

Small Area FMRs for the Peoria, IL MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Peoria, IL MSA, 2 bedrooms: $1,212.

What renters pay in 61554

Median gross rent$836±$74 · all sizes
Renter households4,67127% of occupied homes
No cash rent192households

How rents are spread

Under $1,00068%
$1,000–1,49925%
$1,500–1,9994%
$2,000–2,4991%
$2,500–2,9990%
$3,000–3,4991%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
61553Norris$930–
61550Morton$1,330$1,066
61559Princeville$1,280$833
61548Metamora$1,420$922
61547Mapleton$1,250–
61561Roanoke$1,350$1,049

Fair Market Rents across Tazewell County, IL · All IL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.