Rent by ZIP · Peoria County
Rent in Peoria, IL 61603
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,300 (+17.1% vs FY2026). Renters in this ZIP code pay a median $995 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $980 | $810 | +21% | $882–1,078 | $495 ±$367 |
| 1 bedroom | $1,030 | $870 | +18.4% | $927–1,133 | $732 ±$62 |
| 2 bedrooms | $1,300 | $1,110 | +17.1% | $1,170–1,430 | $917 ±$84 |
| 3 bedrooms | $1,670 | $1,440 | +16% | $1,503–1,837 | $1,170 ±$68 |
| 4 bedrooms | $1,830 | $1,550 | +18.1% | $1,647–2,013 | $1,355 ±$223 |
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 61603
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 |
|---|---|---|---|
| 61602 | Peoria | $1,350 | $1,483 |
| 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.