What is the rental vacancy rate in Peoria, IL?

The rental vacancy rate in Peoria, IL is 7.3% (±1.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.6% (±0.6 points).

4,973 (±587) homes, 9.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Peoria, the rental vacancy rate went from 10.8% in 2015–2019 to 7.3% in 2020–2024 (−3.5 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
7.3% (±1.6 points)
Homeowner vacancy rate
1.6% (±0.6 points)
Vacant homes
4,973 (±587)

Vacancy in Peoria against Peoria County, its state and the nation

Estimate (90% margin of error)
PeoriaPeoria CountyIllinoisUnited States
Rental vacancy rate7.3% (±1.6 points)6.8% (±1.4 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate1.6% (±0.6 points)1.4% (±0.4 points)1.0% (±0.1 points)0.9%
Vacant housing units4,973 (±587)7,175 (±631)421,003 (±7,877)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Peoria, the rental vacancy rate is not measurably different from Peoria County (6.8%).

It is also higher than in Illinois (5.0%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near Peoria

Nearest places with a published estimate, compared with Peoria
PlaceDistanceRental vacancy rateCompared with this place
Peoria—7.3% (±1.6 points)—
Peoria City Township0.9 mi7.5% (±1.7 points)Not measurably different
Richwoods Township2.3 mi2.6% (±3.9 points)Lower
Peoria Heights2.5 mi2.6% (±3.9 points)Lower
West Peoria4.0 mi8.1% (±13.1 points)Not measurably different
Kickapoo Township4.3 mi0.0% (±3.7 points)Lower
Norwood5.3 mi0.0% (±73.1 points)Not measurably different
Bellevue5.3 mi5.8% (±8.9 points)Not measurably different
Fondulac Township5.4 mi10.2% (±6.6 points)Not measurably different

Nearby places with a measurably lower figure: Richwoods Township, IL (2.6%), Peoria Heights, IL (2.6%), Kickapoo Township, IL (0.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Peoria County, place by place

RankPlaceRental vacancy rate
4Hanna City17.5% (±16.0 points)
5Glasford11.3% (±19.7 points)
6Medina Township10.6% (±10.2 points)
7Logan Township8.8% (±9.0 points)
8West Peoria8.1% (±13.1 points)
9Peoria City Township7.5% (±1.7 points)
10Peoria7.3% (±1.6 points)
11Timber Township6.4% (±10.1 points)
12Bellevue5.8% (±8.9 points)
13Kingston Mines5.0% (±12.3 points)
14 (tie)Peoria Heights2.6% (±3.9 points)
14 (tie)Richwoods Township2.6% (±3.9 points)
16Limestone Township (Peoria County)1.0% (±1.6 points)

Showing 13 of 35 places in Peoria County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Peoria

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Peoria, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Peoria beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Peoria, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Peoria

Is it hard to find a rental in Peoria?

The rental vacancy rate in Peoria, IL is 7.3% (±1.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Peoria tighter than it was?

In Peoria, the rental vacancy rate went from 10.8% in 2015–2019 to 7.3% in 2020–2024 (−3.5 percentage points), a measurable decrease.

How many homes are vacant in Peoria?

An estimated 4,973 (±587) housing units, 9.2% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Peoria city, Illinois (place:59000, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related