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Rent by ZIP · Peoria County

Rent in Peoria, IL 61605

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,150 (+18.6% vs FY2026). Renters in this ZIP code pay a median $884 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$870$710+22.5%$783–957–
1 bedroom$910$760+19.7%$819–1,001$460 ±$124
2 bedrooms$1,150$970+18.6%$1,035–1,265$922 ±$129
3 bedrooms$1,480$1,260+17.5%$1,332–1,628$1,044 ±$91
4 bedrooms$1,620$1,350+20%$1,458–1,782–

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 61605

Median gross rent$884±$80 · all sizes
Renter households3,33257% of occupied homes
No cash rent275households

How rents are spread

Under $1,00060%
$1,000–1,49936%
$1,500–1,9992%
$2,000–2,4990%
$2,500–2,9992%
$3,000–3,4990%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
61604Peoria$1,220$1,002
61606Peoria$1,190$982
61603Peoria$1,300$917
61607Peoria$1,330$1,114
61602Peoria$1,350$1,483
61610Creve 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.