Rent by ZIP · Peoria County
Rent in Peoria, IL 61602
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,350 (+10.7% vs FY2026). Renters in this ZIP code pay a median $965 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,020 | $890 | +14.6% | $918–1,122 | $903 ±$181 |
| 1 bedroom | $1,070 | $960 | +11.5% | $963–1,177 | $1,177 ±$329 |
| 2 bedrooms | $1,350 | $1,220 | +10.7% | $1,215–1,485 | $1,483 ±$466 |
| 3 bedrooms | $1,730 | $1,580 | +9.5% | $1,557–1,903 | – |
| 4 bedrooms | $1,900 | $1,700 | +11.8% | $1,710–2,090 | – |
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 61602
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 61603 | Peoria | $1,300 | $917 |
| 61604 | Peoria | $1,220 | $1,002 |
| 61605 | Peoria | $1,150 | $922 |
| 61606 | Peoria | $1,190 | $982 |
| 61607 | Peoria | $1,330 | $1,114 |
| 61610 | Creve Coeur | $1,030 | $968 |
Fair Market Rents across Peoria 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.