Peoria Heights, Illinois Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Peoria Heights, Illinois rental market.
Peoria Heights, Illinois
Average Apartment Rent
$1,145
Y-o-Y Change in Average
Apartment Rent
Infinity%
As of May 2026
Compared to a year ago, Peoria Heights, Illinois apartments have recorded a Infinity% rent increase.
Peoria Heights, Illinois Average apartment rent trend
Peoria Heights, Illinois Average Apartment Rent
Peoria Heights, Illinois Apartment rent ranges
At 43.47%, apartments priced $1,000 - $1,500 represent the bulk of Peoria Heights, Illinois rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 0.07%.
Peoria Heights, Illinois Housing tenure**
Renters take up 38% of Peoria Heights, Illinois real estate, occupying a total of 1,050 units, while homeowners live in 1,744 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$44,605
Average household size of renter-occupied housing units**
1.76
Rental vacancy rate**
2.8%
Peoria Heights, Illinois Renter-occupied housing units by no. of bedrooms**
There are 481 rentals in Peoria Heights, Illinois with 2 beds making up the highest share of the market, at 46%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 59 units. Overall, the median number of rooms in Peoria Heights, Illinois homes for rent is 4.1.
Peoria Heights, Illinois Renter-occupied units by age of householder**
Most condos for rent in Peoria Heights, Illinois are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Peoria Heights, Illinois Renter-occupied housing units by family type**
Peoria Heights, Illinois Renter-occupied housing units by the presence of own children**
A total of 359 apartments for rent in Peoria Heights, Illinois, or 34% of all rentals are family households. Additionally, 14% of rental homes include children under the age of 18 – that’s 145 units. All in all, the median size of a renter-occupied household in Peoria Heights, Illinois is 1.76.
Peoria Heights, Illinois Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Peoria Heights, Illinois.
Peoria Heights, Illinois Renter-occupied units by year structure built**
The highest share of Peoria Heights, Illinois apartment rentals, namely 38% or 397 units, were Built 1970 - 1979, followed by those Built 1939 or earlier (18%, 186 units), and the ones Built 1950 - 1959 (14%, 148 units).
Peoria Heights, Illinois Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Peoria Heights, Illinois renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Peoria Heights, Illinois condos for rent is 2017.
Peoria Heights, Illinois Renter-occupied housing units by vehicles available**
When it comes to transportation options, 59% of Peoria Heights, Illinois renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 13% have No vehicle available.
Peoria Heights, Illinois Means of transportation to work of householders living in renter-occupied housing units**
Peoria Heights, Illinois Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Peoria Heights, Illinois apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
