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City

ZIP codes

Peoria, IL · 61638

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $65K, +0.3% YoY (county); renters hold 33.0% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

77,755

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 84,930

85Kunits

Occupied77,75591.6%

Vacant7,1758.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 77,755

78Koccupied

Owner52,09967.0%

Renter25,65633.0%

Renter Share

33.0%0.0% YoY

Total Housing Units

84,930-0.1% YoY

FY2026 Fair Market Rent

CountyPeoria County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$758

/month

1 BR

$818

/month

2 BR

$1,039

/month

3 BR

$1,346

/month

4 BR

$1,449

/month

FMR trends · Peoria County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.1% to 179,645: residents under 18 are down 0.2% and those 65 and over are up 1.8%.

Median Age

38.12024

Population

Peoria County Population

179,630+0.5% YoY

Households

Total Households

77,755+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.24-1.3% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 179,645

180Kresidents

Under 1842,97123.9%

Adults 18–64103,86157.8%

65 & Over32,81318.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

42,971-0.2% YoY

Population 65 & Over

32,813+1.8% YoY

Median Age

38.100.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house87.7%

Moved (within US)11.8%

Other0.5%

Veterans

5.9%-1.7% YoY

County Economy

County median household income is $65K, 15.7% of residents are below the poverty level, 11.4% work from home.

Income

Median Household Income

$65K+0.3% YoY

Per-Capita Income

$40K+1.0% YoY

Mean Household Income

$93K+0.5% YoY

Poverty

Below Poverty Level

15.7%+1.9% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone76.1%

Public transit1.2%

Worked from home11.4%

Other11.3%

Worked From Home

11.4%+14.0% YoY

Mean Commute

19.20+1.6% YoY

Done with 61638? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Peoria, IL · 61638

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $65K, +0.3% YoY (county); renters hold 33.0% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

77,755

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 84,930

85Kunits

Occupied77,75591.6%

Vacant7,1758.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 77,755

78Koccupied

Owner52,09967.0%

Renter25,65633.0%

Renter Share

33.0%0.0% YoY

Total Housing Units

84,930-0.1% YoY

FY2026 Fair Market Rent

CountyPeoria County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$758

/month

1 BR

$818

/month

2 BR

$1,039

/month

3 BR

$1,346

/month

4 BR

$1,449

/month

FMR trends · Peoria County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.1% to 179,645: residents under 18 are down 0.2% and those 65 and over are up 1.8%.

Median Age

38.12024

Population

Peoria County Population

179,630+0.5% YoY

Households

Total Households

77,755+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.24-1.3% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 179,645

180Kresidents

Under 1842,97123.9%

Adults 18–64103,86157.8%

65 & Over32,81318.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

42,971-0.2% YoY

Population 65 & Over

32,813+1.8% YoY

Median Age

38.100.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house87.7%

Moved (within US)11.8%

Other0.5%

Veterans

5.9%-1.7% YoY

County Economy

County median household income is $65K, 15.7% of residents are below the poverty level, 11.4% work from home.

Income

Median Household Income

$65K+0.3% YoY

Per-Capita Income

$40K+1.0% YoY

Mean Household Income

$93K+0.5% YoY

Poverty

Below Poverty Level

15.7%+1.9% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone76.1%

Public transit1.2%

Worked from home11.4%

Other11.3%

Worked From Home

11.4%+14.0% YoY

Mean Commute

19.20+1.6% YoY

Done with 61638? Put it next to another market.