The median home in Peoria, Illinois is valued at $126,819, up 8.1% year over year. Typical monthly rent is $1,160, producing a price-to-rent ratio of 9.1x — below the national average of 18x. Peoria is part of the Peoria, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

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Home Value$126,819

+8.1%

Rent$1,160/mo

AFFORDABILITY

Enter your income for Peoria.

Income (annual)

Down Payment

$25,364 on $126,819

Affordable — 16.4% of income

Under the 28% guideline.

PITI$1,027

P/I16.4%

Afford$216K

Room+$89K

P&I $641Tax $236Ins $150

Buying $133/mo cheaper ($1,160 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Peoria with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Peoria, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Peoria, IL metro.

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PEORIA, IL