Peoria, IL

Metro area in Illinois · Updated Jan 2026

12-Month Forecast ↑ +3.3%

Median Home Value

$161,415

↑ +8.5%

Year-over-year

Median Rent

$1,176/mo

↑ +7.5%

Year-over-year

Rental Yield

8.7%

Excellent for investors

5-Year Appreciation

+40.6%

Income Needed to Buy

$51,715

20% down, 30% DTI max

Active Listings

1,024

For-sale inventory

Price-to-Rent Ratio

11.4

Favors buying

Price Forecast

1 Month

↑ +0.8%

3 Months

↑ +1.9%

12 Months

↑ +3.3%

5-Year Price Trend

Calculate your mortgage for Peoria, IL

See monthly payments for a $161,415 home →

Should you rent or buy in Peoria, IL?

Price-to-rent ratio: 11.4x — Buying likely wins. Run a full breakeven analysis with Peoria, IL numbers pre-filled →

Frequently Asked Questions